tryan
Thinks s/he gets paid by the post
- Joined
- Mar 25, 2005
- Messages
- 2,604
Not sure whether to laugh or cry, but the drop in my 401k from megacorp has now matched my losses in the real estate meltdown (%-wise).
I know the exact date of my personal high -- the day I ignored the voices telling me to dump all my stocks -- October 31, 2007. A day which will live in infamy.
Vanguard's Admiral / Voyager etc categories ...
I may now qualify for the new category: "Kayak" - they will provide 2 dead squirrels and a box of matches as a benefit ...
I shall go feed the cats, so all will be well.
ta,
mews
Sorry Dreamer, sorta puts the DOW being down in perspective. At least the DOW being down isn't fatal.
I left this morning and drove 100 miles round trip to visit my step-father in his nursing home. He is in such bad shape and it was very depressing. He can't get out of bed, can't talk, has a feeding tube. I had to go in his bathroom and cry, so that he would not see me. I drove home feeling gloomy.
Out of curiosity, is brewing at home, once you know what you're doing and can make a good batch, cheaper than comparable wares?
In my opinoin, bottling is the most labor intensive phase. You really have to use some kind of keg system. I settled on the little mini-kegs with CO2 cartridge powered dispensing. Again, I have not done this in a very long time. Things may have changed since then.
Yes. I figure I can make the equal of craft beer or better imports for about $12 to $15 a case, and I am not particularly efficient in my processes.
Could be worse. Remember 1929 to 1932?
Prohibition.
Just looked at the DOW futures and more good news. Down 300
I think we're at the point where we just need to get this panic crash over and done with. So super strong negative futures first thing might just give us the washout we really need.Just looked at the DOW futures and more good news. Down 300
The NIKKEI is down more than 10% tonight to 8200. The last time it was at that level was 1983!!!
Dreamer - I have been investing since 16 (although small $) and three days ago officially underwater on investing (now 33) since I recently paid my mortgage off so I have been investing alot more in the last two years. At least this has been a lesson for me that I need better asset allocation as I am 100% equities due to my 20 year horizon to retirement. When/if we get a rally I will be rectifying that for sure. That's the only real bright side I see to all this for me at least.
I am losing trust in the stock market. I start to think that the deck is stacked against individual investors by wall street corruption and unregulated hedge funds who can make or break the market. Once I lose faith in the stock market, there will be no turning back. My parents and grand-parents retired without ever investing one cent in the stock market. Maybe they had it right all along.