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Old 08-08-2012, 02:17 PM   #21
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Well, I personally have learned (the hard way) you can't time the market.

In my dividend investing I try to stick with good companies so I don't have to do ANYTHING when the market shifts, I just sit it out. As long as the companies are still paying their dividend, I am happy to let the dividends reinvest and buy bargains. Of course, I am still working so I continue to add to my savings.

In my 401lk, where I have no choice but to put money in funds that are governed by mass hysteria (IMHO at least 65% of people in 401ks are not investment savvy and move in herdlike fashion). I may move money to the stable fund when they all drop 12%. That's my magic number that it's time to get out. I would move it back when the market levels off.

If we go down the road Japan has traveled for the past decade, we will not see a turnaround anytime soon. This is what scares me. We have been bouncing back over the past decade but what happens if we don't for an extended period?
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Old 08-08-2012, 02:41 PM   #22
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None of them voted for any irresponsible spending or imprudent tax policies. Each assures us they voted only for the necessary stuff. It's the >other< irresponsible legislators that are the problem. The debt ceiling is like the "you've hit your limit" notice from the credit card company to the married couple that is spending irresponsibly (each on different "priorities"). It serves to make the problem a collective one (for the whole organization) and the pain focuses their efforts. It's crazy, but apparently it's necessary. The national debt seems to only hit the news when the debt ceiling looms.
It is insane. With or without Bush tax cuts, with or without a recession, everyone in Congress understands that the debt ceiling will be breached every few years based on budget choices already made. Having made those choices to then allow brinksmanship with an artificial "shall we pay for it or go bankrupt" Russian Roulette game on the Hill is nuts. And in this game the gun is pointed at us.
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Old 08-08-2012, 02:49 PM   #23
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I think having a debt ceiling is a huge plus. Brings attention to one of our biggest problems we have as a nation. Now...attention can be a great thing. But actually doing something about the problem would be substantially better.
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Old 08-08-2012, 03:06 PM   #24
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Reflecting a more polarized electorate than ever...every one of them was elected.

To bad the electorate is a small percent of the citizenry...

As an example, the new Senator from Texas will be Ted Cruz... he got 631,316 votes from just over 13 million registered voters... or less than 4.9% of people who could vote...


It is a formality in the general election.... nobody would give any odds on a Democrat winning, including the Democrats (I am not trying to be political here, just stating what is true).....


I would bet that this is similar to other elections on both sides, it is not specific to this party or this candidate....

So, until the people who do not like the way things turn out start to vote in the primary, we will continue to get more and more polarized...
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Old 08-08-2012, 03:43 PM   #25
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To bad the electorate is a small percent of the citizenry...

As an example, the new Senator from Texas will be Ted Cruz... he got 631,316 votes from just over 13 million registered voters... or less than 4.9% of people who could vote...


It is a formality in the general election.... nobody would give any odds on a Democrat winning, including the Democrats (I am not trying to be political here, just stating what is true).....


I would bet that this is similar to other elections on both sides, it is not specific to this party or this candidate....

So, until the people who do not like the way things turn out start to vote in the primary, we will continue to get more and more polarized...
What is the sense in voting. They are all the same. It is all about special interests and taking care of the wealthy and big business. Nobody is interested in moving the agenda of this country forward.
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Old 08-08-2012, 04:06 PM   #26
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What is the sense in voting. They are all the same. It is all about special interests and taking care of the wealthy and big business. Nobody is interested in moving the agenda of this country forward.
Really? They are all the same? Boy, we must be in two different universes. Whatever else you want to say about any of them is fine. But thinking that the philosphies of the two main parties (liberal and conservative) are the same seems strange to me. I'll admit I hear this opinion said often. But I never get it. Regardless which framework you think is best, they stand for very different things.

A pox on both their houses. Okay. Both sides certainly have bad people in them that sometimes do bad things. But I guess I vote based on the philosphy, framework, and belief system of the candidate. And that contrast is usually quite stark.
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Old 08-08-2012, 04:19 PM   #27
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Old 08-08-2012, 04:21 PM   #28
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I smell bacon...
Me too. As much as I wanted to respond to the last few posts, I refrained for a change...
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Old 08-08-2012, 04:39 PM   #29
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Yes, it's time... thanks to those who participated constructively.

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