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Post by Deleted on Apr 4, 2013 10:20:12 GMT -5
www.marketwatch.com/story/mom-and-pop-the-worlds-worst-investors-2013-04-04?dist=lcountdownBut when I read the story about them, and other “mom and pop” investors rushing to jump back into the booming stock market, a few words crossed my mind. The more printable ones included “Uh-oh” and “Doom.” You know how, when you get older, the movies just get so predictable you can hardly bear to go any more? Within the first five minutes you can already tell how the whole story is going to end. So I’m sorry, but when I read “Mom and Pop Run With the Bulls,” all I could think was, here we go again. My Journal colleague Jonathan Cheng’s story tells you everything you need to know. Villa and White felt “sucker punched” when stocks collapsed in 2008, he reports. The crash “wiped out half their savings.” They sold out of stocks, put their money in the bank, and “swore off stocks,” presumably forever.
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decoy409
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Post by decoy409 on Apr 4, 2013 10:33:13 GMT -5
Dropping out? Education of Homeless Children and Youth - National Coalition for ... www.nationalhomeless.org/factsheets/education.htmlFeb 21, 2012 – In the United States an estimated 1.35 million from 600 thousand ... Homeless children and youth who are able to enroll in school still face ...
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Post by Deleted on Apr 4, 2013 10:51:07 GMT -5
www.marketwatch.com/story/mom-and-pop-the-worlds-worst-investors-2013-04-04?dist=lcountdownBut when I read the story about them, and other “mom and pop” investors rushing to jump back into the booming stock market, a few words crossed my mind. The more printable ones included “Uh-oh” and “Doom.” You know how, when you get older, the movies just get so predictable you can hardly bear to go any more? Within the first five minutes you can already tell how the whole story is going to end. So I’m sorry, but when I read “Mom and Pop Run With the Bulls,” all I could think was, here we go again. My Journal colleague Jonathan Cheng’s story tells you everything you need to know. Villa and White felt “sucker punched” when stocks collapsed in 2008, he reports. The crash “wiped out half their savings.” They sold out of stocks, put their money in the bank, and “swore off stocks,” presumably forever. which was the absolute worst thing they could have done anyone that kept their portfolio intact, is farther ahead now than before the crash some people let fear run their lives.....the market is a LONG term proposition if you are going to need the cash in under 5 years....it doesnt belong in the market if your time horizon is longer...the market is the place to be selling at the bottom and drawing less than 2% on 10 year treasuries is NOT the answer to wealth creation
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Post by Deleted on Apr 4, 2013 10:56:28 GMT -5
That's why I post the article out there for other's to think about on the subject of investing. gdgyva. To me, you need to have enough to live on in your hands for some times and you can able to ride market's up and down without the emotionally gets involved.
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sunrnr
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Post by sunrnr on Apr 4, 2013 12:07:27 GMT -5
Interesting graph here too ! Link please so I can better understand what's being presented. Thanks.
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sunrnr
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Post by sunrnr on Apr 4, 2013 12:11:11 GMT -5
That's why I post the article out there for other's to think about on the subject of investing. gdgyva. To me, you need to have enough to live on in your hands for some times and you can able to ride market's up and down without the emotionally gets involved. Agreed, but I know way too many individuals and families living paycheck to paycheck with no financial reserves, even though they have significant incomes. I've been there, done that until the stress of living with debt and no financial buffer got too terrifying and unbearable.
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damnotagain
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Post by damnotagain on Apr 4, 2013 12:15:34 GMT -5
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sunrnr
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Post by sunrnr on Apr 4, 2013 12:32:34 GMT -5
Thanks.
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frankq
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Post by frankq on Apr 4, 2013 16:06:04 GMT -5
which was the absolute worst thing they could have done
anyone that kept their portfolio intact, is farther ahead now than before the crash
some people let fear run their lives.....the market is a LONG term proposition
if you are going to need the cash in under 5 years....it doesnt belong in the market
if your time horizon is longer...the market is the place to be
selling at the bottom and drawing less than 2% on 10 year treasuries is NOT the answer to wealth creation
Exactly!!
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damnotagain
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Post by damnotagain on Apr 5, 2013 8:13:01 GMT -5
Jobs report to send meteor closer to Wall Street.
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usaone
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Post by usaone on Apr 5, 2013 8:20:01 GMT -5
Not really. Jan and Feb numbers were revised much higher. March will end up being over 100K. Historically bad weather in March. April will be much better.
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frankq
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Post by frankq on Apr 6, 2013 10:47:25 GMT -5
Yeah...must be all that worry about the sequester........Thank God the government didn't hire any more people. I know we did.....
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frankq
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Post by frankq on Apr 6, 2013 10:48:03 GMT -5
Jobs report to send meteor closer to Wall Street.
Cool. Thanks for the update V.L.
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frankq
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Post by frankq on Apr 6, 2013 16:05:59 GMT -5
Senator on board with NASA plan to 'lasso' asteroid 4 hrs ago
Sen. Bill Nelson, D-Fla., is gung-ho for a plan to send out a robotic ship (hopefully named "Trigger") to capture an asteroid and then "park" it in a high lunar orbit for astronauts to study. Cowboy-esque as it seems, going out and dragging an asteroid closer to Earth would shave four years off the intended mission to visit an asteroid, in the dual objectives of learning how to push away future asteroids on a collision course with Earth and advanced training for a Mars visit. Nelson did not offer a token "yee-haw," though we all know it was implied. [Source]
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Apr 7, 2013 11:21:58 GMT -5
Crazy isn't Q? After we lasso the suckers we can bust em up and harvest them for minerals and metals... YEEE-HAWW!
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frankq
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Post by frankq on Apr 9, 2013 16:23:11 GMT -5
Yeah.....But what about all that I-131.......
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sunrnr
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Post by sunrnr on Apr 9, 2013 18:21:54 GMT -5
Senator on board with NASA plan to 'lasso' asteroid 4 hrs ago
Sen. Bill Nelson, D-Fla., is gung-ho for a plan to send out a robotic ship (hopefully named "Trigger") to capture an asteroid and then "park" it in a high lunar orbit for astronauts to study. Cowboy-esque as it seems, going out and dragging an asteroid closer to Earth would shave four years off the intended mission to visit an asteroid, in the dual objectives of learning how to push away future asteroids on a collision course with Earth and advanced training for a Mars visit. Nelson did not offer a token "yee-haw," though we all know it was implied. [Source]
Well, what they're really after is a scaled up version of "Trigger" that can go out and lasso Planet Nebu and bring it in. That way, the end of times can get here sooner and all the doom and gloomers can rejoice with glee as they dance around the bon fire saying "I told ya so, na-na-na-na-na!!!
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frankq
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Post by frankq on Apr 10, 2013 15:46:19 GMT -5
Who gets to be Roy and Dale?
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sunrnr
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Post by sunrnr on Apr 14, 2013 22:31:11 GMT -5
Who gets to be Roy and Dale? You want the politically correct answer, right?
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frankq
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Post by frankq on Apr 15, 2013 7:02:24 GMT -5
That meteor must have a huge gold deposit.....and it's coming...no wonder gold is down...
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sunrnr
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Post by sunrnr on Apr 15, 2013 7:49:05 GMT -5
That meteor must have a huge gold deposit.....and it's coming...no wonder gold is down... Pesky ole supply and demand thingy! Ya know, Econ 101?
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Post by Steady As She Goes on May 7, 2013 17:24:34 GMT -5
Apparently, that's one seriously influential meteor.
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frankq
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Post by frankq on May 12, 2013 7:09:50 GMT -5
All I can say is, when you have Doom and Gloomers posting like crazy in the midst of an approaching meteor, BUY !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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