Stocks

[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.

[dellinger63]

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

[gales0678]

Originally Posted by dellinger63

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

Fome Wikipedia - Maxine Waters

Stock Ownership of OneUnited Bank

Miss Waters arranged meetings with U.S. Treasury Department officials (in September, 2008) for OneUnited Bank to plead for federal cash. It had been heavily invested in Freddie Mac and Fannie Mae, and its capital was "all but wiped out" after the U.S. government took them over. Her husband is a stockholder (more than $250,000 as of May 2008) and former director of the bank. The bank's executives were major contributors to her campaigns. Rep. Barney Frank counseled her against participating in the matter. The bank has its headquarters in Boston, Massachusetts, and offices in Los Angeles and Miami. It did secure $12 million in TARP money


Dell - even barney frank knew this stunk