 |
|
09-22-2008, 09:42 AM
|
#161
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
|
 Quote:
|
Only T-Al could endure that Trombone video.
|
No, I couldn't take it. Yuck!
For the ladies:
__________________
Al
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
09-22-2008, 02:09 PM
|
#162
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
|
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.
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
|
|
|
|
|
09-22-2008, 04:41 PM
|
#163
|
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,501
|
He sure does!! Woo-hoo!!! 
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
|
|
10-10-2008, 12:36 AM
|
#164
|
|
gone traveling
Join Date: Aug 2006
Posts: 994
|
Quote:
Originally Posted by Helena
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 ?
|
|
|
|
|
10-10-2008, 12:53 AM
|
#165
|
|
Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,713
|
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.
|
|
|
|
|
10-10-2008, 01:04 AM
|
#166
|
|
gone traveling
Join Date: Aug 2006
Posts: 994
|
Quote:
Originally Posted by ladelfina
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.
|
|
|
|
|
10-10-2008, 03:51 AM
|
#167
|
|
Recycles dryer sheets
Join Date: Jan 2007
Posts: 222
|
Quote:
Originally Posted by Helena
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.
|
|
|
|
|
10-10-2008, 10:12 AM
|
#168
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2004
Posts: 2,670
|
Quote:
Originally Posted by Helena
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.
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
|
|
|
|
|
10-10-2008, 02:46 PM
|
#169
|
|
Recycles dryer sheets
Join Date: Sep 2007
Posts: 488
|
Quote:
Originally Posted by retire@40
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?
|
|
|
|
|
10-10-2008, 03:22 PM
|
#170
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2004
Posts: 2,670
|
Quote:
Originally Posted by Razor
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.
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
|
|
|
|
|
10-10-2008, 03:33 PM
|
#171
|
|
Recycles dryer sheets
Join Date: Sep 2007
Posts: 488
|
Quote:
Originally Posted by retire@40
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.
|
|
|
|
|
10-10-2008, 04:01 PM
|
#172
|
|
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
|
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.
__________________
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.
|
|
|
|
|
10-10-2008, 04:08 PM
|
#173
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,154
|
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
|
|
|
|
|
10-10-2008, 04:15 PM
|
#174
|
|
gone traveling
Join Date: Aug 2006
Posts: 994
|
Quote:
Originally Posted by CompoundInterestFan
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.
~
|
|
|
|
|
10-10-2008, 05:55 PM
|
#175
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
|
Quote:
|
This country has more potential than any other country in the world.
|
That used to be true. Now?
__________________
Al
|
|
|
|
|
10-10-2008, 06:00 PM
|
#176
|
|
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
|
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...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
|
|
|
|
|
10-10-2008, 06:55 PM
|
#177
|
|
Recycles dryer sheets
Join Date: Jan 2007
Posts: 222
|
Quote:
Originally Posted by Helena
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.
|
|
|
|
|
10-10-2008, 06:57 PM
|
#178
|
|
Recycles dryer sheets
Join Date: Jan 2007
Posts: 222
|
Quote:
Originally Posted by Razor
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.
|
|
|
|
|
10-10-2008, 07:01 PM
|
#179
|
|
Thinks s/he gets paid by the post
Join Date: May 2006
Location: Where the stars at night are big and bright
Posts: 2,847
|
Quote:
Originally Posted by CompoundInterestFan
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.
__________________
There is no pleasure in having nothing to do; the fun is having lots to do and not doing it. - Andrew Jackson
|
|
|
|
|
10-10-2008, 07:29 PM
|
#180
|
|
gone traveling
Join Date: Aug 2006
Posts: 994
|
Quote:
Originally Posted by CompoundInterestFan
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.
~
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
Linear Mode
