Financial Meltdown ? or is it just me ???

[runeight]

As hard as it seems..yes..buy now. I'm still at 15 % and will go 20 % first of year.

For those that have several years left just kick back and go long term. I have two years untill I retire (GOD willing) so I have to go heavy and roll the dice.

r8

 

[runeight]

GM announces all Eruo production plants will shut down. Stock at 54 year low.

r8

http://www.foxbusiness.com/story/ma...strials/ford-drops--pace-retreat-auto-sector/

 

[FastBusa]

I am down to a 201k !!!!

 

[runeight]

Interesting huh?

r8

FOXNews.com - Energy-Rich Russia Puts Pressure on Europe - America's Future

 

[runeight]

Read the response by Mr. J.

r8

Nothing But Vicious Cycles from the Socialist Republicans and Democrats In Charge at The Cody Word

 

[Wrath]

"And you shall hear of wars and rumors of wars. See that you are not troubled; for all these things must come to pass, but the end is not yet. For nation shall rise against nation, and kingdom against kingdom. And there will be famines, pestilences, and earthquakes in various places."Matthew 24:6-7

 

[MIPLAYSTATION]

I'm thinking out loud here!!!


See picture...

 

[WWJD]

Life can exist without numbers

 

[MPH 200]

All I have to say is I can't see why anyone would vote to keep the current party in power this November. Everything else aside, compare the economy over the last 16 years.

You may want to watch this

- Burning Down The House: What Caused Our Economic Crisis?[/url]

 

[runeight]

You may want to watch this

- Burning Down The House: What Caused Our Economic Crisis?[/url]

Trust us. We have to protect ourselves.

Nancy Pelosi

 

[Southside Playa]

Guys, this mess transcends party lines. And we are all hurting, or at least most of us. Again, I am young so I have to keep working and saving, and most of all not making any unnecessary expenditures right now. I am not close to retiring so I will have to weather this mess and rely on it rebounding much later than sooner.

On a the brighter side, if I can put some money "under the mattress" now and gradually buy some stock as they get close to bottoming out, I can grow that $$$ back up over time.

Always keep in mind that what goes up, must come back down, and the inverse is true, so it will come back up.

But it is definitely not a good feeling during the in-between time.

 

[el stumpo]

This is the time to start investing if you have 10+ years to go. Stocks are cheap now and should rebound. If you're concerned about a particular stock, buy a mutual fund. Everyone is getting battered in market, regardless of logic.

Buy low, sell high. Prices are low now, buy. This is not the time to sell.

If you are close to retirement (<10 years) a lot of your retirement money should be in bonds and not stocks. Take the lower risk right now.

I try not to look at my statements now, although I'm probably down around $9k. I'm still buying.

It will get worse before it gets better. Insure you are investing wisely.