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Originally Posted by Smooth Operator
You're clueless, Pants.
Of course I lost money during the Great Bush-Cheney-Cox-Paulson Financial Meltdown of 2008. Heck, even Buffett lost a bundle in that nightmare.
But instead of squealing like a little 9yo girl (and high-pitch Hannity) back in early March and wondering if/when I should pull what was left out of the market, I transferred 63k into my Vanguard account and bought as many shares of their S&P 500 index fund as I could.
Needless to say, things have worked out swimmingly well to this point.  |
You think the housing collapse had nothing to do with the market? The fact Fannie May was handing out loans based on HOPE they would be paid back? The fact republicans tried to sound the alarm only to be called racist by the likes of Maxine Waters and Barney Frank? Yea it was all George....LMAO