Show-me
Well-known member
I would not go that far, the folks I'm seeing steal don't have a mortgage to begin with. They are renters at best. Renters with nicer trucks than me, dirt bikes and four wheelers. Go figure.
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I would not go that far, the folks I'm seeing steal don't have a mortgage to begin with. They are renters at best. Renters with nicer trucks than me, dirt bikes and four wheelers. Go figure.
robo
Well-known member
I would not go that far, the folks I'm seeing steal don't have a mortgage to begin with. They are renters at best. Renters with nicer trucks than me, dirt bikes and four wheelers. Go figure.
I'll bet they are making payments on most of it!
nnuut
Moderator | TSP Legend
I really don't care who they are, or what they do with the money, if they break into my house they won't be able to spend it!!:nuts:I would not go that far, the folks I'm seeing steal don't have a mortgage to begin with. They are renters at best. Renters with nicer trucks than me, dirt bikes and four wheelers. Go figure.
XL-entLady
Well-known member
Show, I saw your posting of the 10/10/08 Alphatrends YouTube video on the Daily Market Videos thread. Thanks! I like those because Brian Shannon has a conservative view of the markets that fits my comfort level.
I saw that video on his website over the weekend and tried to post it to the MB then. Trying to do my share while I still have time. But at that point it was in a format I'm unfamiliar with (vimeo??) and I couldn't get it to post. Do you know a way to post that format? Or do I just need to wait until it gets reformatted into YouTube before I can post it?
Thanks in advance for any enlightenment,
Lady
I saw that video on his website over the weekend and tried to post it to the MB then. Trying to do my share while I still have time. But at that point it was in a format I'm unfamiliar with (vimeo??) and I couldn't get it to post. Do you know a way to post that format? Or do I just need to wait until it gets reformatted into YouTube before I can post it?
Thanks in advance for any enlightenment,
Lady
XL-entLady
Well-known member
Thanks, if I find it in the vimeo format again, I'll just paste the link to the thread instead of trying to get the video itself to paste.
Lady
love-to-bike
Member
Anyone else changing their contribution allocation? In the past, my allocation always went 100% G - because we had unlimited IFTs, I knew the allocation would end up where I wanted pretty quickly. Now with limited IFTs and share prices of C & S so low, I'm going to change my allocation to grab as much of C as I can at these low prices. Probably not an earth shattering move, but I'm interested in squeezing out every penny I can while the gettings good.
justbizness45
Member
I changed mine to 100% C last week.
Show-me
Well-known member
Did not have to wait long. WoW, what a day! History in the making. Don't fall in love with the up side.
Yea, this sort of puts those IN stocks in a better position than those who have been out. I think I'm right to say that if you've been in, you should stay in, if you've been out, while it might be relatively safe to jump back in, one also wants to find just the right day to do that, which is difficult. What we should all NOT want to see tommorrow is a huge positive day again because that would just be a setup for a major downer. Today's major move up was on low volume, the big boys were not playing, in fact were not even present. So I think caution is still the key, more for those on the sidelines than those already committed. I was glad to see people, and the country, get so much value back today. But what has to be considered is that this recent low will likely have to be retested at some point.
Show-me
Well-known member
Warrenlm
Well-known member
This is a complement to the McCain suggestion on RMD. Both suggestions should have been a nobrainer temporary change for our current administration to have taken without any suggestion from campaigns. But then the current administration.....
CountryBoy
Well-known member
I saw the same thing retro for 2008 and then 2009. Where do you put it? Roth, Stocks, precious metals, mutuals, combo of above or the back yard/mattress?
I'd love to pull it out of the TSP, but the chances of that passing I'm afraid of pretty slim. The Nanny state will put limits on who can and who can't and what it could be used for, since we all know that they on omnipotent.
Barclays is probably changing their drawers thinking about losing $80 million.CB
phillyfed
Member
Exactly. I'm banking the 10%+ profit when I did my one IFT this past Thursday just as I did last month when I got in a day before the 7% spike and immediately cashed in my chips then as a bonus add to it the safety of the 4.5% G fund return!. The way this market is, thats 5 years of return in a few days! CRAZY TIMES WE LIVE IN.
Anyways, look at the Oct. 2002 ( market bottom)- March 2003 period. I believe that will be a good indicator of our next 6 months and hopefully a pretense of the next Bull market to come.
On another point....
The no penalty withdraw of the 401k plan may be a great way to restore housing as well. I for one could pay off my mortgage debt and have my house fully paid off or purchase the Jersey shore condo my wife and I always dreamed of. I wouldnt necessarily do it but its a great option to have.
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