Makes one want to look at retiring in a 3rd world country with first rate and inexpensive healthcare. The estimates in this article make you want to weep:nonono:
MarketWatch.com Story
Thanks for the congratulations.
Budman,
Glad you enjoyed your party and made it through the anxieties associated with leaving your co-workers. Quite an honor to be given such a sendoff. Now you are ready to build your new life!
I have not been with my company for that long so do not have...
Hi All,
Been monitoring and occasionally commenting on various threads for the past few months. Decided to introduce myself now that I gave my retirement notice to my employer yesterday AM. :greetings10:
Last day will be late July. Was a bit nervous before the meeting but not too bad. Been...
Budman. I have almost the same situation as you. I plan to give my retirement notice this month, a few months earlier than I had planned. Want to enjoy the summer. Having trouble making the final decision on the day to pull the trigger. It is extremely tough to do. I am financially fine based on...
Hi janetvj...congratulations!. I plan to retire by Sept of this year. Looking forward to lots of traveling. I was just curious...what is your approximate age? I am guessing you are an early retiree.
When everyone is this negative it almost for sure that a rally will ensue. I watched Larry Kudlow's show on CNBC I believe on last Tuesday. He said he was having trouble finding a bull to be on his show. That was the clue for me to pump in some more money into the market the next morning which I...
ERD. I am not confused. I am saying the same thing you are...."The market is generally viewed as a leading (imperfect) indicator for the economy." and I believe it was imperfect late in 2007 and will see about how good it is now.
Dex, I think we just disgree on this market as leading indicator during CY2007. I put on a 50 and 200 day moving average:
The 50 day average was making a tiny move down but not enough to really call it leading in my mind by Dec 07. The 200 day was slightly rising and then flattening...
ERD: Nobody like the fact that Geithner was a tax cheat. But if in fact he is the best person to get us out of the fix we are in, sometimes you have to evaluate the pros and cons and make a tough call. If it turns out the Geithner cannot solve the problem, then this will have turned out to be a...
"A false reading would have been the stock market going up as economic activity slowed."
Looks like the Dow only dropped after the recession started in Dec 2007....sure does not look like a good leading indicator to me during this period.
ERD:
I will agree with you that my comments belong in a Political thread so I will stop posting this type of commentary in this forum. Will stick to retire early topics going forward. But I have to comment on one thing you said:
"As I've mentioned in other threads, this is not opinion, if...
Brinker and the other Wall Street "geniuses" want the quick fix. Well...they are not going to get it from this President. He is aiming at shoring up the foundations not giving them an unsustainable sugar high they crave so much.
AFP: Obama sees 'pillars' of recovery in place this year: report