Stocks

Originally Posted by hi_im_god

10,000-99,999.

I've heard that and 20,000-99,000. Didn't know exactly because I'm not good at math.

Thanks.



Early May 2009

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.

63k. Wow that's ballin

8-7-09

Originally Posted by Smooth Operator

Who knows what will happen going forward, RP ... but I'm not all that concerned since I'll likely be holding these low-cost index funds for a loooooong (at least the next 25 years) time.

Just gunna keep dollar-cost-averaging money into the account ... rebalance occasionally ... and adjust the stock to bond ratio as I get older.

Damn he must be pounding tens of thousands into the account. Baller status.

Early August 2009

Originally Posted by Smooth Operator

Sorry to disappoint, GPK


I'll have to be content with the tens of thousands of dollars that I've made in my little ole S&P 500 index fund year-to-date.

So if he put say another 10k in the account he'd be a little over 20k profit.

He made tens of thousands, dawg.

It's still in there for another 25 years though.

Congrats, Smooth. You're middle class ballin.