03-18-2007, 06:47 AM | #11 | |
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Sorry for th e tpyos. |
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03-18-2007, 06:53 AM | #12 |
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If I could just get that market timing thing down it would be a cinch. My next investment tip? Sub prime mortgage lenders.
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03-18-2007, 04:04 PM | #13 | |
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We even went to our adviser in Nov 1999. Said we wanted to pull everything and reinvest because we had concerns about the sustainability of the tech/telecom industry. He said. This is a quote: "Every indicator is that technology will continue to drive the market." He convinced us to leave our "balanced portfolio" as it was. Well, within months technology indeed drove the market - straight to hell. We lost a ton. We could have set fire to our money to largely the same effect, except that at least then we'd have been able to roast marshmallows. |
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03-18-2007, 10:55 PM | #14 | |
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Just for kicks, what was your biggest flop in those days? Mine was Fidelity's aggressive growth fund. I owned the majority of my shares in the 60-80 dollar range. It dropped to $12. |
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03-19-2007, 12:08 AM | #15 | |
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03-19-2007, 04:50 PM | #16 |
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Being a student, and having a wife and kid, $281 would make me feel like a rock star! That's a lot of #6's at Wendy's! I don't trust myself to pay the extra $281 on my own so I have everything EFT'd from my account.
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Get your BYU license plates http://dmv.utah.gov/licensecollegiate.html#byu You do not have to wait for your current registration to expire. Get your freakin' plates on your vehicle and be TRUE BLUE!!!!!! "I'm on my beater bike" Translation: I had this baby custom-made in Tuscany using titanium blessed by the Pope. I took it to a wind tunnel and it disappeared. It weighs less than a fart and costs more than a divorce. |
03-19-2007, 05:43 PM | #17 | |
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03-19-2007, 08:43 PM | #18 |
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You people are killing me. Come on now, how often do we have a high tech bubble? The basic principle of saving often and early is sound, time tested and should be followed by everyone, if at all possible. Anyone in the market in 2000 lost a boatload when the bubble burst. I lost a fair chunk too, but this does not mean that the principle isn't sound.
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Sorry for th e tpyos. |
03-20-2007, 01:13 AM | #19 | |
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03-20-2007, 02:15 AM | #20 |
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If you're not upside down on the car I'd keep making the minimum monthly payments. As stated you're not getting killed on the interest. You can take the other half of that $500 and make more than the 4.9% you're paying to the bank. That's what I'd do.
Personally I'd look to put it into something other than the stock market. I don't like stocks. For investing purposes you can make more money putting it into something not as speculative. I just have little faith in it. Trading is a zero sum game and I have ethical issues with that. So I am just not a fan of stocks. I'd rather deal with real property or something tangible like that.
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