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Old 09-22-2008, 10:42 AM   #161
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Only T-Al could endure that Trombone video.
No, I couldn't take it. Yuck!

For the ladies:

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Old 09-22-2008, 03:09 PM   #162
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See, now that is what I'm talking about, thanks T-Al!
He's got some smoooooth moves for sure. I like that the audience was dancing with him.
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Old 09-22-2008, 05:41 PM   #163
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He sure does!! Woo-hoo!!!
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Old 10-10-2008, 01:36 AM   #164
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Move along... nothing to see here...

Don't worry, be happy.

No such thing as deflation.

Just like real estate.... the stock market always goes up...

goes up... goes up

buy and hold

buy and hold

buy and hold





How's that working for you now ?
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Old 10-10-2008, 01:53 AM   #165
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Pages ago... but since this is the second time I've seen CFB "egg" me on about this cream-in-the-carbonara deal..

Think of it this way (this may be helpful in the years to come):
The vast majority of Italian dishes use things that do not need to be refrigerated. That is because they were poor. Cheese can keep out of the fridge; eggs & bacon, too.

The hardest thing to deal with might be fresh fish, if there weren't the habit of the local Wed./Fri. fish truck.

When there's no more electricity, you'll thank me.
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Old 10-10-2008, 02:04 AM   #166
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Pages ago... but since this is the second time I've seen CFB "egg" me on about this cream-in-the-carbonara deal..

Think of it this way (this may be helpful in the years to come):
The vast majority of Italian dishes use things that do not need to be refrigerated. That is because they were poor. Cheese can keep out of the fridge; eggs & bacon, too.

The hardest thing to deal with might be fresh fish, if there weren't the habit of the local Wed./Fri. fish truck.

When there's no more electricity, you'll thank me.

Is your post prophetic... is the electric grid going down along
with the stock market ?

My sister lives in Houston and lost electricity during Hurricane Ike.
She cooked the perishables she had on the patio grill... she boiled
all her eggs.
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Old 10-10-2008, 04:51 AM   #167
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How's that working for you now ?
I'll let you know in five years. "Buy and hold" doesn't imply you're counting on the market to recover in a few weeks.
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Old 10-10-2008, 11:12 AM   #168
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How's that working for you now ?
I'm still at hold with my old assets and I am actually putting new money into real estate and some equity now.

Yes, the markets have me disturbed at the moment, but I am still happy with my allocations and risk management.

I am betting on the long-term US economy, not the short-term market panic.
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Old 10-10-2008, 03:46 PM   #169
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I am betting on the long-term US economy, not the short-term market panic.
What do you think is going to drive the economy up in the long term?
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Old 10-10-2008, 04:22 PM   #170
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What do you think is going to drive the economy up in the long term?
The same thing that has driven the US economy up since this country was founded: Creativity, Research and Development, Intelligence, Hard Work, etc.

This country has more potential than any other country in the world.
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Old 10-10-2008, 04:33 PM   #171
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The same thing that has driven the US economy up since this country was founded: Creativity, Research and Development, Intelligence, Hard Work, etc.

This country has more potential than any other country in the world.
If we have Creativity, Research and Development, Intelligence, Hard Work, etc. why are we in such a mess? It seems what has driven this economy for the last few decades is debt. We may have lost our advantage.
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Old 10-10-2008, 05:01 PM   #172
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Yep, we've got no hope at all. Go ahead and get in the bunker. We'll call when everything is done going to hell in a handbasket.
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Old 10-10-2008, 05:08 PM   #173
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All right - I FINALLY enabled plug-ins since everyone is posting UTube stuff these days!

My sides hurt I've been laughing so hard! That dancing trombone player - priceless. I really like how he inspires the men in the audience to participate.

Audrey
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Old 10-10-2008, 05:15 PM   #174
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I'll let you know in five years. "Buy and hold" doesn't imply you're counting on the market to recover in a few weeks.

This is a retirement forum... some people don't have the luxury to wait five years
to recoup a big loss.


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Old 10-10-2008, 06:55 PM   #175
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This country has more potential than any other country in the world.
That used to be true. Now?

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Old 10-10-2008, 07:00 PM   #176
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That used to be true. Now?

McCoy: Won't we change history by giving him the formula for transparent aluminum?

Scotty: How do we know he didn't invent the thing...
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Old 10-10-2008, 07:55 PM   #177
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This is a retirement forum... some people don't have the luxury to wait five years
to recoup a big loss.
Well, that depends on how you look at it. In a sense, retirement, especially early retirement, is somewhat of a luxury. As ziggy pointed out in another thread, retirement is a fairly recent societal construct, and definitely not something we're entitled to. No one is ever guaranteed an early retirement, no matter how much they plan for it.

But that's just semantics. Your post implied that because the market is going down, that "buy and hold" is no longer a viable strategy. This makes no sense. Any basic primer on stock market investing will tell you that you need to expect large swings in the market; that's the risk part of "risk/reward." Just b/c we have an enormous drop doesn't suddenly change that. Any basic primer will also tell you not to put money in the market that you'll need (approx) in the next 5 years.
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Old 10-10-2008, 07:57 PM   #178
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What do you think is going to drive the economy up in the long term?
I'm guessing that alternative energy R&D/implementation is going to be a big industry in the near future.
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Old 10-10-2008, 08:01 PM   #179
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Any basic primer will also tell you not to put money in the market that you'll need (approx) in the next 5 years.
Even Cramer figured it out. A little late to do his viewers much good, but he still got there.

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Old 10-10-2008, 08:29 PM   #180
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Your post implied that because the market is going down,
that "buy and hold" is no longer a viable strategy.

I did not mean to give that impression.
In my opinion "buy and hold" was never
a viable strategy.


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