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Old 03-06-2013, 08:39 AM   #26 (permalink)
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I've been in Fidelity bond funds since the election, and they've returned 4%+ in that time period. I'll shift if there's a correction.
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Old 03-06-2013, 08:42 AM   #27 (permalink)
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Rich people problems, I'll never have them
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Old 03-06-2013, 08:44 AM   #28 (permalink)
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I talked to my broker yesterday. The tax penalty, for me anyway, would pretty much negate any pull back of the market. Unless it completely crashes, no need to panic now.
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Old 03-06-2013, 08:47 AM   #29 (permalink)
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Originally Posted by Travis Waldher View Post
Hasn't been a huge rally, but there is absolutely NO good reason for the market to be over 10,000 right now. I can see a bubble out there, I don't know exactly what that bubble is made out of, but I can see it.
I agree with this.

Our economy is totally in the crapper. There is no reason for the market to be soaring.

Gonna crash like a mudda.
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Old 03-06-2013, 08:49 AM   #30 (permalink)
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I dumped everything in Dec of last year. I had bought in March 09.
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Old 03-06-2013, 08:51 AM   #31 (permalink)
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Quote:
Originally Posted by SilverZuk View Post
and sit on cash waiting for the next crash.

Buy low sell high, right now the market is how. So it is time to sell.
Don't lament the next time you go down with the crash wishing you had sold "a few months ago".


This investing tip brought you by a dumb hillbilly.
Also recommending this: George soros, warren Buffett, and Glenn beck.

Both sides?

Rich/poor, right/left


Ye be warned.
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Old 03-06-2013, 08:51 AM   #32 (permalink)
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Rich people problems, I'll never have them
damn 1% ers

WE ARE THE 99%
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Old 03-06-2013, 08:58 AM   #33 (permalink)
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You guys are so dumb.

Obama wouldn't let that happen. He's got my back...
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Old 03-06-2013, 09:00 AM   #34 (permalink)
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Quote:
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You guys are so dumb.

Obama wouldn't let that happen. He's got my back...
Mmmmmm Mmmmmm mmmm Barack Hussein Obama
Mmm mmm mmm




Edit: ps, it's Bernanke that's got your back.
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Last edited by gipper; 03-06-2013 at 09:00 AM.
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Old 03-06-2013, 09:03 AM   #35 (permalink)
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Print more money.....we must print more money.

The market needs a big ol' cushiony bed o' money to land on when it falls.

Yessir!
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Old 03-06-2013, 09:06 AM   #36 (permalink)
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Print more money.....we must print more money.

The market needs a big ol' cushiony bed o' money to land on when it falls.

Yessir!
That takes too much time and costs to much!!!!!!

Digitize it!! Just digitize it!!!!!



Huh? We already are? .... Uh oh.
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Old 03-06-2013, 09:09 AM   #37 (permalink)
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Originally Posted by LOPPY View Post
I talked to my broker yesterday. The tax penalty, for me anyway, would pretty much negate any pull back of the market. Unless it completely crashes, no need to panic now.
In my case, with my 401k, I have a "holding fund". Over a 3 month period, the most it's ever earned was 1.72%, the most it's ever lost was still an earning of .66%. I just shuffled my funds in there.

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Old 03-06-2013, 09:09 AM   #38 (permalink)
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I probably pulled out a little early .... I cashed out about three weeks ago to purchase a business. Thinking about cashing out some more and rolling it into a REIT.
+1, I locked in 5% gain this year and I'm waiting for a correction to get back in. Better to pull out premature than stay in too long
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Old 03-06-2013, 09:10 AM   #39 (permalink)
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Saw this on Drudge yesterday

Billionaires Dumping Stocks, Economist Knows Why


Billionaires Dumping Stocks, Economist Knows Why
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Old 03-06-2013, 09:24 AM   #40 (permalink)
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Well I just dumped my Fidelity funds. I was fully vested and still came out waaaay ahead after the tax hit. May put it in a CD or ? to avoid the penalty, hate to leave it just sit. I do think if Obama gets control of both houses he will move on all 401k's and IRA's. Nationalize all retirement funds.

I may keep buying farm toys, they tend to be a strong investment.
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Old 03-06-2013, 09:58 AM   #41 (permalink)
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As a part of human nature, do people follow leaders?

Our leaders (politicians) have been leading us to not pay debts, borrow as much as possible, and have no morals.

They are leading by example, and most are following them.
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Old 03-06-2013, 10:10 AM   #42 (permalink)
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Originally Posted by SilverZuk View Post
and sit on cash waiting for the next crash.

Buy low sell high, right now the market is how. So it is time to sell.
Don't lament the next time you go down with the crash wishing you had sold "a few months ago".


This investing tip brought you by a dumb hillbilly.
Thanks for the tip

We thought it was buy high and sell low.
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Old 03-06-2013, 10:40 AM   #43 (permalink)
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So what is Wiedmere'ss advice to shield from the collapse?
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Old 03-06-2013, 10:48 AM   #44 (permalink)
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I agree with this.

Our economy is totally in the crapper. There is no reason for the market to be soaring.

Gonna crash like a mudda.
I disagree. While I agree that the economy is in the crapper, there is very good a reason for the market to be "soaring".

Inflation.

We have printed a metric shit ton of money. This lowers the value of our money, so stocks are being measured with a shorter yard stick. This makes today's prices appear to be higher, but the reality is just that your dollar buys less.

Consider the Dow charted in grams of gold here:

Dow Jones Industrials



According to this, stocks are at a decent low when compared to gold.

Essentially, what I am saying is that the "economic recovery" has been manufactured with careful statistics (like you are not unemployed if you stopped looking, or the fact that food, energy, and housing are not included in the CPI inflation measure) and freshly printed money. Helicopter Ben doing just as he said he would.

I do not see a crash coming because I do not believe that this money will suddenly pulled from the system but I would not be terribly surprised by a smaller correction caused by people realizing that the recovery never was real and adjusting their holdings.

That all said, I'm still bullish on Guns, Gold, and Income Producing Real Estate since their value should rise with inflation.

Last edited by Al Kaholick; 03-06-2013 at 10:50 AM.
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Old 03-06-2013, 10:57 AM   #45 (permalink)
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Originally Posted by Al Kaholick View Post
I disagree. While I agree that the economy is in the crapper, there is very good a reason for the market to be "soaring".

Inflation.

We have printed a metric shit ton of money. This lowers the value of our money, so stocks are being measured with a shorter yard stick. This makes today's prices appear to be higher, but the reality is just that your dollar buys less.

Consider the Dow charted in grams of gold here:

Dow Jones Industrials



According to this, stocks are at a decent low when compared to gold.

Essentially, what I am saying is that the "economic recovery" has been manufactured with careful statistics (like you are not unemployed if you stopped looking, or the fact that food, energy, and housing are not included in the CPI inflation measure) and freshly printed money. Helicopter Ben doing just as he said he would.

I do not see a crash coming because I do not believe that this money will suddenly pulled from the system but I would not be terribly surprised by a smaller correction caused by people realizing that the recovery never was real and adjusting their holdings.

That all said, I'm still bullish on Guns, Gold, and Income Producing Real Estate since their value should rise with inflation.
Like I said, Quantitative easing. Big crash? maybe not but I think a significant correction that will evaporate allot of wealth. Agree with all of your bets, but all are skyrocketing so fast getting in and earning a decent return may be out of reach for many. That is aside from real estate such a farm land which is now also on the rise.
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Old 03-06-2013, 11:04 AM   #46 (permalink)
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According to my financial investor, most of his guys believe people were holding onto their money for quite some time. They have been spending in the market lately and that has caused the growth. I don't doubt there will be a correction soon, but i don't think it will be nearly as big of a drop as most of you are saying.
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Old 03-06-2013, 12:27 PM   #47 (permalink)
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your investing tip blows sitting on cash is a horrible idea

what you gonna do when the value of that piece of paper gets cut in half?
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Old 03-06-2013, 12:34 PM   #48 (permalink)
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Have you heard about banks freezing personal accounts overseas?
WTF do you do when shit hits the fan and you can't get your cash.
I always wonder how much liquid cash banks have anyways. If there was ever panic and people wanted to pull out I wonder how long it would take for local banks to run dry. Banks can just play games and stop shipping cash to branches.
thats one reason i dont use a bank
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Old 03-06-2013, 12:35 PM   #49 (permalink)
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Quote:
Originally Posted by Al Kaholick View Post
I disagree. While I agree that the economy is in the crapper, there is very good a reason for the market to be "soaring".

Inflation.

We have printed a metric shit ton of money. This lowers the value of our money, so stocks are being measured with a shorter yard stick. This makes today's prices appear to be higher, but the reality is just that your dollar buys less.

Consider the Dow charted in grams of gold here:

Dow Jones Industrials



According to this, stocks are at a decent low when compared to gold.

Essentially, what I am saying is that the "economic recovery" has been manufactured with careful statistics (like you are not unemployed if you stopped looking, or the fact that food, energy, and housing are not included in the CPI inflation measure) and freshly printed money. Helicopter Ben doing just as he said he would.

I do not see a crash coming because I do not believe that this money will suddenly pulled from the system but I would not be terribly surprised by a smaller correction caused by people realizing that the recovery never was real and adjusting their holdings.

That all said, I'm still bullish on Guns, Gold, and Income Producing Real Estate since their value should rise with inflation.
Agreed.

90% is ridiculous. 25%? Easy. 50%? Maybe.

Regardless, where it stands, it's a dollar play, not an equity play. I'd rather just buy real stuff.
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Old 03-06-2013, 12:35 PM   #50 (permalink)
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Originally Posted by rockyota83 View Post
thats one reason i dont use a bank
Word. Only keep what you need in there for transfers.
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