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Posted (edited)

I couldn't take the roller coaster ride any longer so moved all my 457 money into a stable value account. On days like yesterday I would have lost 8 to 10k and even if the market is back up today I wouldn't have recovered the losses yesterday. Heck, after yesterday's crash the market was actually lower than when Bush took office almost 8 years ago :unsure:

Edited by jasman0717

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United States & Republic of the Philippines

"Life is hard; it's harder if you're stupid." John Wayne

Posted

Let dollar cost averaging be your friend.

"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies."

Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006



barack-cowboy-hat.jpg
90f.JPG

Posted
I couldn't take the roller coaster ride any longer so moved all my 457 money into a stable value account. On days like yesterday I would have lost 8 to 10k and even if the market is back up today I wouldn't have recovered the losses yesterday. Heck, after yesterday's crash the market was actually lower than when Bush took office almost 8 years ago :unsure:

I rode the MSCI International and MSCI Emerging Markets into the abyss.....I'm down, overall, -16%......

Stupid :bonk: , stupid :bonk: , stupid.... :bonk:

miss_me_yet.jpg
Filed: Citizen (pnd) Country: Mexico
Timeline
Posted (edited)

It's going to go down faster than Sarah Palin eating a McMoose

Edited by GueraYTavo

05/01/08 Green Card in mailbox!!

06/05/10 Real GREEN Card RECEIVED!

01/17/13 Sent application for US Citizenship!!!

01/19/13 Arrived to Arizona Lockbox

01/24/13 Notice of Action

01/25/13 Check cashed

01/28/13 NOA received by mail and biometrics letter mailed as per uscis.gov

02/14/13 Biometrics appointment

03/18/13 In-line for inteview

Filed: Timeline
Posted
Let dollar cost averaging be your friend.

Dollar cost averaging doesn't work when you have an anemic compound annual growth rate of 0.005339%.

Yes, from the first day the DJIA closed under a Bush presidency (1/22/2001) to today, that's all it's done. 0.005339%!

Man is made by his belief. As he believes, so he is.

Posted
Let dollar cost averaging be your friend.

Dollar cost averaging doesn't work when you have an anemic compound annual growth rate of 0.005339%.

Yes, from the first day the DJIA closed under a Bush presidency (1/22/2001) to today, that's all it's done. 0.005339%!

Diversify. Seriously... do you have to be led by the hand? Is that what you expect Obama to do for you?

"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies."

Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006



barack-cowboy-hat.jpg
90f.JPG

Filed: Timeline
Posted
Let dollar cost averaging be your friend.

Dollar cost averaging doesn't work when you have an anemic compound annual growth rate of 0.005339%.

Yes, from the first day the DJIA closed under a Bush presidency (1/22/2001) to today, that's all it's done. 0.005339%!

Diversify. Seriously... do you have to be led by the hand? Is that what you expect Obama to do for you?

The freakin' index grows at near 0 rates and you think diversification will help?

Man is made by his belief. As he believes, so he is.

Posted

This is not rocket science....Major insurance firm tanks + Fed bailout (85 billion) = market rise. Today 410 point rise. It can only get better.

The US Federal Reserve, along with other leading central banks, will ensure a stable market worldwide. They invested USD 200 Billion into other central banks today.

Posted
They printed the money out of thin air. A tax, via inflation, on future generations.

Not exactly true AJ. The Federal Reserve Banks service over 4,000 US banks and branches.

On an annual basis, the Fed makes nearly 1 trillion per year processing checks, offering cash services, ACH transactions and so forth. All of these funds, minus operating expenses, are turned over to the treasury.

This is real money that is available to loan.

Posted

Why should a corporation be bailed out by your tax dollars if this is a capitalistic system?

Hmmm?

Why not let 'em go down.

They played.

They lost.

Too bad so sad...

SpiritAlight edits due to extreme lack of typing abilities. :)

You will do foolish things.

Do them with enthusiasm!!

Don't just do something. Sit there.

K1: Flew to the U.S. of A. – January 9th, 2008 (HELLO CHI-TOWN!!! I'm here.)

Tied the knot (legal ceremony, part one) – January 26th, 2008 (kinda spontaneous)

AOS: Mailed V-Day; received February 15th, 2007 – phew!

I-485 application transferred to CSC – March 12th, 2008

Travel/Work approval notices via email – April 23rd, 2008

Green card/residency card: email notice of approval – August 28th, 2008 yippeeeee!!!

Funny-looking card arrives – September 6th, 2008 :)

Mailed request to remove conditions – July 7, 2010

Landed permanent resident approved – August 23rd, 2010

Second funny looking card arrives – August 31st, 2010

Over & out, Spirit

 

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