Stock Market

[2Hot4TV]

Originally Posted by GPK

Im no financial expert either..but this is what I was thinking too. Since I'm 35, it will be a while before I retire. For the first 8 months of this year, I was dumping 20% into my 401K. I dropped it back to 10% in August...but now I'm thinking of jacking it up back up to 20 maybe even 25%.

Buy low and sell high. I'm 55 and only plan on working 5 more years and I will jump back in with half of my total savings on afew selected stocks.

No gut, no glory.

[Danzig]

Originally Posted by 2Hot4TV

Buy low and sell high. I'm 55 and only plan on working 5 more years and I will jump back in with half of my total savings on afew selected stocks.

No gut, no glory.

you might want to get some sound advice from an investment expert. that sounds like a bad idea, especially if you're wanting to retire soon. stocks are for the long haul, not five years, and not with half your savings in five years either. you should be tilted more towards low risk, low return investments at this point, as you don't have the time to rebound from a big loss.
of course, you could always collect cans on the roadside....and walmart always needs door greeters.

[2Hot4TV]

Originally Posted by Danzig

you might want to get some sound advice from an investment expert. that sounds like a bad idea, especially if you're wanting to retire soon. stocks are for the long haul, not five years, and not with half your savings in five years either. you should be tilted more towards low risk, low return investments at this point, as you don't have the time to rebound from a big loss.
of course, you could always collect cans on the roadside....and walmart always needs door greeters.

I can retire now and if I lose half of my total worth I will still do well. I own my home and have not had a morgage payment since 1991.

Any money that I can make will only add to what I leave to my daughter.

[Mortimer]

I worked 3 days in my whole life.

I never have to work again...I invested hugely and wisely from my paper route earnings which was merely a cover for my in home robberies.





I am 12 years old.

I own 25 cities.

[Mortimer]

SportyFans, and I'm sure you know this---but anyways, the easiest thing to do in the whole wide world is i-net brag.

I guess it's especially fun to make one's self feel better when observing the plight of statistical victims.




































But STEVEN H. CRIST already!!

[GPK]

Originally Posted by Mortimer

SportyFans, and I'm sure you know this---but anyways, the easiest thing to do in the whole wide world is i-net brag.

I guess it's especially fun to make one's self feel better when observing the plight of statistical victims.



But STEVEN H. CRIST already!!

I'm leaving

[Mortimer]

Originally Posted by GPK

I'm leaving

Please do not make any unsafe movements as you plan your trip to the exit.

[geeker2]

Originally Posted by Mortimer

I worked 3 days in my whole life.

I never have to work again...I invested hugely and wisely from my paper route earnings which was merely a cover for my in home robberies.

I am 12 years old.

I own 25 cities.

I laughed...but you are very immature for your age

[Mortimer]

Originally Posted by geeker2

I laughed...but you are very immature for your age

65% of the people here think I'm a woman.

Originally Posted by Mortimer

65% of the people here think I'm a woman.

95% of the people here
find you very amusing.

I would count myself among them... the 95% that is.
Damn I cant help myself. Its true.

[Mortimer]

Originally Posted by DaHoss9698

I already own more cities than both my parents owned in their entire life.

[Mortimer]

Maybe it's because I say "bettah."

Well,if you have seen the Horror of Dracula ( and if you have not ..it's a must see) then I'm sure you recall that snotty little girl who said to the doctor.........."Well if you know what's wrong with her why don't you make her bettah!?"






Ridiculous,yet highly amusing.

[Cannon Shell]

http://www.nytimes.com/2008/10/14/bu...c71&ei=5087%0A