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Post Info TOPIC: Humpday
Mad Mema


Bad Biker Granny



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RE: Humpday
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The day of the first big crash, a whole bunch of people around here went looking at their 401K accounts. There were grown men in tears. I decided right then that nothing good could possibly come from looking.

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MM

That which does not kill me postpones the inevitable.
JD The Jazz Doctor


Grand Poobah

    



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Mad Mema wrote:

The day of the first big crash, a whole bunch of people around here went looking at their 401K accounts. There were grown men in tears. I decided right then that nothing good could possibly come from looking.





ouch. no.gif

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"And like Web, I enjoy throwing JR under the bus.  Problem is, it's usually under the special bus that I ride every day". Ghostdancer 12-18-09
WebGuy


Doesn't Do Windows



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A year ago, I put $8,000 in my IRA. $4,000 for '07 and $4,000 for '08. Today, that plus an extra $3,000 is "gone".

What also gets me is that this could (and hopefully will) come back. If it does, we should be buying and contributing all we can right now while its cheap. But, that is assuming the prices will come back to what they once were.



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disco strangler


Smiles everyone, smiles!

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we got our statements for last quarter today...
i looked...
i could puke...

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WebGuy


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The bank where my wife works stock price was around $25.00 for years. They got hit really hard with the housing market problems, there was a buyout that started but didn't finish, plus everything else.

I'm looking right now, the stock price is $1.89.

Many employees' retirement accounts went back into bank stocks. Fortunately, my wife didn't put her's back into stock.

But now we're looking at this $1.89 wondering if we should buy all we can with the hope that it will go back up. Even back up to $6.00 would triple our money.

Its scary but tempting.



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disco strangler


Smiles everyone, smiles!

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i'd throw in a few benjamin's just to see what happened...

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You should fear anything that can bleed for seven days without dying...  (as told to Mr. DS on 3-12-10)
JD The Jazz Doctor


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thats just it web. buy while its low and hope it raises even just a bit.....hmm.gif

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"And like Web, I enjoy throwing JR under the bus.  Problem is, it's usually under the special bus that I ride every day". Ghostdancer 12-18-09
JD The Jazz Doctor


Grand Poobah

    



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hey dow jones is up 200 pts today for what its worth.smile.gif

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"And like Web, I enjoy throwing JR under the bus.  Problem is, it's usually under the special bus that I ride every day". Ghostdancer 12-18-09
WebGuy


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disco strangler wrote:

i'd throw in a few benjamin's just to see what happened...



Well then, here ya go . ..  their stock code is: TONE

 

 



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Mad Mema


Bad Biker Granny



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I got my most recent statement just yesterday. I stuck it in a pile of mail on the counter. I'm still contributing at my previous rate. I'm hoping to take advantage of the "buy while it's cheap" idea.

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MM

That which does not kill me postpones the inevitable.
confuzzed


Permanent State of Confusion

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Web - if it hangs around that range, then clean up their issues and someone buys them, your money could still triple. I do not invest in company stock (if applicable). And certainly not heavily invested. Maybe a few shares. That is how all those Enron employees lost everything.

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WebGuy


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Yeah, I know. Even a buyout should go well above the current price.

They really are in pretty good financial shape. I do expect it to turn around, but not sure that I expect it enough to sink more money into them.



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confuzzed


Permanent State of Confusion

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Depending how much yo have invested, it may be better to let it go.

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