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09-15-2008, 05:30 PM
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#61
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Recycles dryer sheets
Join Date: Jul 2008
Location: ENE MO - near STL
Posts: 424
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Quote:
Originally Posted by laurencewill
Just announced Chapter 11.
Why the #%^@ does this always happen right after my Friday payday after my 401k deposit goes through
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Not to rub it in but my mid month will be credited tomorrow! And I upped the contrib % to get more money in sooner rather than later this year. Time will tell if that small bet works.
Small victory that won't mean that much in the long run.
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09-15-2008, 07:29 PM
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#62
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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09-15-2008, 07:51 PM
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#63
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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I'm afraid that after today we might want to start looking at cheaper box wines...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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09-15-2008, 07:53 PM
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#64
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Start?
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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09-15-2008, 08:04 PM
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#65
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Location: No fixed abode
Posts: 8,765
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Just like my cash allocation will get me through this (I hope), so too my cases of guiness and red stripe, and a couple bottles of single malts will keep me from having to drink bud and box wine. Actually, I don't really drink wine, so no problem there.
__________________
"Good judgment comes from experience. Experience comes from bad judgement." - Anonymous (not Will Rogers or Sam Clemens)
DW and I - FIREd at 50 (7/06), living off assets
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09-15-2008, 08:15 PM
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#66
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,072
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Just restocked with a 12 pack of Natural Light. Pretty cheap and a BUD product anyway. My way of cutting back. After tomorrow, I may have to start watering it down and stretch out the 12 pack to a case. Whatever it takes to keep me retired.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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09-15-2008, 08:29 PM
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#67
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Tj's still has 2 buck chuck. its bottled. Thats the only thing good I can say about it. Oh and it will get you drunk. Box wines...I doubt Ill ever get to that point..
Golf is fairly expensive Dawg. You could give that up..
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09-15-2008, 08:42 PM
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#68
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Recycles dryer sheets
Join Date: Dec 2006
Posts: 347
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So MIL's portfolio had 5% of her holdings in Lehman bonds purchased in 2003. Anybody got info on how this will shake out for the bond holders? I.E she gets. 10 on the dollar or we get to pay the bankruptcy attys for the privilege of pillaging the remaining assets.
Brewer/Finance Dude/ anyone else have any insight?
__________________
USCG regulations say you have to go out. They don't say anything about coming back.
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09-15-2008, 08:46 PM
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#69
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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Quote:
Originally Posted by Notmuchlonger
. Box wines...I doubt Ill ever get to that point..
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Box wines are getting better unlike the stock market !!
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09-15-2008, 08:56 PM
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#70
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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I grabbed a couple of bottle of TJ's two buck chuck sauvignon blanc. Meh.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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09-15-2008, 10:18 PM
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#71
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,141
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Good thing we already picked up over 3 cases of red wine on our 6 month tour of the Pacific NW. Now, along with our "cash cushion" we have a red wine "cushion" to get us through the next 6 months....
Audrey
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09-15-2008, 11:20 PM
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#72
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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I bought a vegetable cushion. Our farm share was prepaid in the spring before prices spiked up.
Next year I hope to be better informed and prepay something booze or bacon related.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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09-19-2008, 04:10 PM
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#73
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Baaa haa haa...
Hugo Chavez cheers the failure of Lehman as an example of why capitalism doesnt work.
Unfortunately, Venezuela owns about $300M worth of Lehman debt that Lehman had offered to cash out, but now cant. And they wont be able to sell it to someone else for more than a bunch of bananas either.
Bonus is that it seems the WSJ writer was laughing too hard to finish the article...
I guess next time he oughta make sure he's got the cash in hand before flapping his lips.
Venezuela Faces Loss on Lehman - WSJ.com
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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09-19-2008, 05:38 PM
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#74
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Recycles dryer sheets
Join Date: Dec 2006
Posts: 347
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__________________
USCG regulations say you have to go out. They don't say anything about coming back.
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