usaone
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Post by usaone on Sept 20, 2013 12:07:59 GMT -5
....i take it your retirement package will be known then?I already know it. I'm pulling the pin on Wednesday. Gonna call it a career. Congrats!
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Deleted
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Post by Deleted on Sept 20, 2013 12:53:42 GMT -5
....i take it your retirement package will be known then?I already know it. I'm pulling the pin on Wednesday. Gonna call it a career. grats so what are the plans? somehow i dont think shuffleboard and fishing are going to suffice for most in this era
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frankq
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Post by frankq on Sept 20, 2013 13:18:21 GMT -5
Thanks. Don't know what's going to happen next yet. I'm sure I'll keep myself busy doing something......
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Sept 20, 2013 17:00:01 GMT -5
Well Q, you have been calling the tops and bottoms like a madman this year. Start with the money for a tank of gas and a round of golf and see where it goes? Happy for ya man. It's....... "Damn, you don't live in the real world at all. I'm sorry that you got screwed over. Right now, CHILDREN are the worst hit by the recession..."
When it comes to older Americans , they just live to long.
I did not know that ham , that should offer you some comfort.
Comfort? You think that welfare babies being born, while the working class buys into this end of the US/world BS would give me comfort? The #1 reason that elderly poverty has dropped... I think the boomers are going to be fine. The chart above and the fact that the age for social security is rising, is the exact reason why I would say anyone under 45 should be saving extra cash. That, and the fact that the king of Denmark came out and said exactly what I have been saying for years, socialism is dead.
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damnotagain
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Post by damnotagain on Sept 20, 2013 18:50:45 GMT -5
"Well Q, you have been calling the tops and bottoms like a madman this year. Start with the money for a tank of gas and a round of golf and see where it goes?" Well he does have the easy part over with. Your right ham socialism is dead , as we approach 48 million on food stamps. Let's not get into corporate welfare and the markets record highs on the Feds Ta Tas. While piling on that debt to your own kids. That's not part of the real world I am looking at ? Just post a link I am missing my reading glasses for your chart!
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frankq
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Post by frankq on Sept 21, 2013 8:36:11 GMT -5
Thanks aham!
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Sept 21, 2013 23:31:43 GMT -5
No prob Q. I hear lots of you old guys make some decent money consulting PT in retirement.. Damn, current issues and situations brought on by the last 40 yrs are what killed socialism. Now we have to sort through the wreckage, pick up the pieces, and move forward in a PARTICIPATION society.(Not going to be a quick transition, took time to get here.) I'll just some it up for you damn, your claim was that old people are screwed because of their retirement accounts, annuities, ect, ect. The fact is that elderly poverty has been dropping since the 60's and it has nothing to do with savings and investments, it's because of old age security.(something ALL us working class invest in.) My Grandparents, your parents, didn't have huge savings and retirement accounts because they were products of the depression and the warring 40's. This is displayed with the age group wealth distribution chart. The boomers on the other hand are entering their retirement phase in a much better position than their parents where, on top of which, old age security is funded with current increased spending trends until 2035(or there about). But then again non defense national spending is on track to a 50 year low because farming is kicking ass, oil and gas production keep rising, we have a kick ass service economy, and as the emerging markets keep developing into service economies we will all manufacture things for our own countries. On top of that, we are in the beginning of the space age. Damn I will give you a link to read though, more evidence of this upcoming participation society. The Country Soaring Past America in Teaching Kids About Money British lawmakers voted early this year to make personal finance a mandatory part of going to school. Now they have set the agenda for fall 2014, which the U.S. is watching
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damnotagain
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Post by damnotagain on Sept 24, 2013 4:17:06 GMT -5
That's great for Briton. Not sure of the relevance it plays out here on our markets. It almost reads like Clinton's global initiative . The NWO " participation society" Ham ,never would of thought of you guys as clintonites.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Sept 24, 2013 23:05:18 GMT -5
If you noticed it said that the US is watching, aka it's going to come across the pond. Relevance to the markets? Kids from age 6 are going to start learning about long term financial planning. In turn this will make them more conscious about their future and better prepared for adulthood. If even 40% of these kids take these classes and start investing out of high school.... MARKETS UP! Even though the second part of your comment is ad hominem, as usual, I will respond. Please explain to me how white people finally getting it together, and facilitating an economic structure where everyone can succeed is a bad thing? Before you answer, I have some research for you to do. Look at King Tuts genetics, look at the Tarium mummies and Genghis Khan's long red beard and green eyes. Look at the cloud people in Peru, and how the Iranians(Persians) are Aryan. Look at all the pyramids and technology associated with these time periods. Heck, it even made it into Time magazine that Miss America is too brown to win a beauty pageant in her home country of India. Again, just look into that historical stuff, and think about it for a while in relation to this whole BS NWO conspiracy crap.
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damnotagain
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Post by damnotagain on Sept 25, 2013 12:46:29 GMT -5
Kids age six and younger had better learn to roll dice and play poker. The debt that they are going to be on the hook for will tie them to a life of slavery. That's as relative to this market As the utopia you perceive through education. History holds some other lessons as well. "Yesterday, the Federal Reserve Bank of New York reported that a full 44 percent of recent college graduates were underemployed as of 2012, meaning that they were working in jobs that did not require their degrees. " www.theatlantic.com/business/archive/2013/06/44-of-young-college-grads-are-underemployed-and-thats-good-news/277325/
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frankq
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Post by frankq on Sept 25, 2013 12:53:50 GMT -5
Hey damn,
Did you actually read the article? Yeah....I thought not....No mention of what these people major in either...
From the last paragraph:
So here's the upshot: A college diploma is still plenty valuable on the job market by historical standards, but it's gotten expensive. Let's focus on the latter problem, instead of panicking about English majors driving town cars.
"The Fed report gives us a little insight on that front. First, as it shows in the graph below, the unemployment rate among recent college graduates tends to move more or less in step with unemployment among all working age adults. Their suffering is not particularly unique. They're having trouble finding work because everybody is."
As Beaudry put it to me in an interview: "This isn't saying all of a sudden it isn't worth going to college. It's saying it's, at worst, as good as it was in the eighties."
Hmm.......wasn't the eighties way before QE, the Great Gold Rush and the financial crisis?.....
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damnotagain
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Post by damnotagain on Sept 25, 2013 12:58:47 GMT -5
Looking at the historical has little to do with their future.
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frankq
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Post by frankq on Sept 25, 2013 13:02:38 GMT -5
According to you, it mattered here:
That's as relative to this market As the utopia you perceive through education. History holds some other lessons as well.
I thought you guys were all about the historical? You can't have it both ways damn...
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frankq
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Post by frankq on Sept 25, 2013 14:52:27 GMT -5
Trying to whip it into something personal now damn? Out of logical arguments?
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mmhmm
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Post by mmhmm on Sept 25, 2013 14:59:05 GMT -5
Let's keep the discussion confined to the subject, not the posters, damnot. Thanks. - mmhmm, Administrator
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damnotagain
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Post by damnotagain on Sept 25, 2013 16:02:12 GMT -5
Let's keep the discussion confined to the subject, not the posters, damnot. Thanks. - mmhmm, Administrator I did.
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mmhmm
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Post by mmhmm on Sept 25, 2013 16:32:45 GMT -5
Let's keep the discussion confined to the subject, not the posters, damnot. Thanks. - mmhmm, Administrator I did. No need for it, damnot. Your post has been moved off the board. You know why it's been moved off the board. You can either discuss civilly and cooperate, or not. The choice is yours. I'll act accordingly. mmhmm, Administrator
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mmhmm
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It's a great pity the right of free speech isn't based on the obligation to say something sensible.
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Post by mmhmm on Sept 25, 2013 17:09:41 GMT -5
Tell ya what, damnotagain ... I moved that last post off the board. If you've got a gripe with me, you're welcome to use PMs to discuss it. You're also welcome to email moonbeam. What you're not welcome to do is whine on the boards. You're also not welcome to continue with the insults, and neither is anyone else. This will stop. Discuss civilly. I won't warn you again.
mmhmm, Administrator
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mmhmm
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It's a great pity the right of free speech isn't based on the obligation to say something sensible.
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Post by mmhmm on Sept 25, 2013 19:49:14 GMT -5
Damnot, you're taking 48 hours off. Use it to figure out if you want to post here, at all. I've tried. You don't seem to wish to make the effort. As you wish.
mmhmm, Administrator
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Sept 26, 2013 23:44:53 GMT -5
Kids age six and younger had better learn to roll dice and play poker. The debt that they are going to be on the hook for will tie them to a life of slavery. That's as relative to this market As the utopia you perceive through education. History holds some other lessons as well. "Yesterday, the Federal Reserve Bank of New York reported that a full 44 percent of recent college graduates were underemployed as of 2012, meaning that they were working in jobs that did not require their degrees. " www.theatlantic.com/business/archive/2013/06/44-of-young-college-grads-are-underemployed-and-thats-good-news/277325/ No a life of rolling the dice and not managing their money will tie them to a life of "slavery". This has been the biggest flaw of the past 100 yrs. Not enough regular people understand how to handle their money. Considering this is a relatively new problem, we are actually dealing with it fairly quickly. You guys keep mistaking what I am talking about for a Utopian society, I'm not. Just a decently balance one like we have here and now, with less decay in big cities, were the new gold standard is balanced budgets, and 10% capital reserves at all the banks. Looking at the historical has little to do with their future. Actually it's because we looked at history and realized that for all that we added, we still missed the equality. Now the East is developing like the West already has, and the concept we are all following comes from that anomaly in our history that is Jesus of Nazareth. How can I be so sure? JC is the only leader in our recorded history that has a following that is still growing after 2000 yrs.
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usaone
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Post by usaone on Sept 27, 2013 7:52:56 GMT -5
FB on fire! 33% above its Opening IPO. I would sell at these levels.
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frankq
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Post by frankq on Sept 27, 2013 8:09:43 GMT -5
Agreed. Market looks to be ready to give back yesterday's gains. We'll see who has the stones to long the weekend with the D.C. bullshit going on.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Sept 29, 2013 0:17:01 GMT -5
Nike had some good results, Golden Dawn was arrested, and Iran and the US are having a bit of thawing in their relationship. Santa may come yet this year.
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jarrett1
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Post by jarrett1 on Sept 30, 2013 15:16:09 GMT -5
EARNINGS....UP!
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Sept 30, 2013 23:25:12 GMT -5
Agreed. Market looks to be ready to give back yesterday's gains. We'll see who has the stones to long the weekend with the D.C. bullshit going on. Gave back those and more. Now that the shutdown has happened, I guess we will see if we get job numbers Friday...
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frankq
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Post by frankq on Oct 1, 2013 7:58:53 GMT -5
Futures are up, which is interesting, but I think we'll see a down day anyway. We'll see. I gotta hit the links early so I can be back before the close.
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frankq
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Post by frankq on Oct 1, 2013 14:22:49 GMT -5
Ok. I think it's time to get back in. Here we go................
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frankq
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Post by frankq on Oct 1, 2013 14:37:20 GMT -5
Ok. Will be 80% in by the end of trading. Rat Packers gotta stick together.....I'm gonna be satisfied with catching the 500 point downdraft.
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usaone
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Post by usaone on Oct 1, 2013 15:32:09 GMT -5
Obama told the Republicans to pound sand and the market finished at the highs of the day.
Looks like Wall Street is behind Obama on this one................
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usaone
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Post by usaone on Oct 1, 2013 15:33:13 GMT -5
Hey APPL....forget about buybacks and increase my dividend............ .
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