mead107 Posted November 20, 2008 Share Posted November 20, 2008 Is this a way to attact us ? who is doing all the selling of stock to drive prices down . If no one sold the price would stay the same . . I think this needs to be looked at to see who is really driving the market . Link to comment Share on other sites More sharing options...
Acantha Posted November 20, 2008 Share Posted November 20, 2008 Is this a way to attact us ? who is doing all the selling of stock to drive prices down . If no one sold the price would stay the same . . I think this needs to be looked at to see who is really driving the market . Things really don't work like that Mead. No, it's not an attack. Link to comment Share on other sites More sharing options...
zevo Posted November 20, 2008 Share Posted November 20, 2008 FEAR is attacking us. Without FEAR the stock market would be fine. Those without FEAR will prosper. Link to comment Share on other sites More sharing options...
Stussy109 Posted November 20, 2008 Share Posted November 20, 2008 Its a combination of a lack of buyers, a surplus of sellers (due to fear of the market, and media analysts telling peopel to play it safe). In addition people are shorting stocks (selling shares without ever owning them) further driving down prices. It could be awhile before the psychology part kicks in to drive people back into the market. Link to comment Share on other sites More sharing options...
mead107 Posted November 20, 2008 Author Share Posted November 20, 2008 Things really don't work like that Mead. No, it's not an attack. How do you know ? there are people that do drive the market . Link to comment Share on other sites More sharing options...
Acantha Posted November 21, 2008 Share Posted November 21, 2008 How do you know ? there are people that do drive the market . Because I know a lot about economics and what is causing the problems. There were years of bad decisions and policies that led to what you are seeing today. Despite what you hear on the news, it didn't come out of nowhere. Link to comment Share on other sites More sharing options...
mead107 Posted November 21, 2008 Author Share Posted November 21, 2008 Because I know a lot about economics and what is causing the problems. There were years of bad decisions and policies that led to what you are seeing today. Despite what you hear on the news, it didn't come out of nowhere. So if all this money came out of the stock market , where is it ? Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted November 21, 2008 Share Posted November 21, 2008 So if all this money came out of the stock market , where is it ? Up in smoke. And no, not the Cheech and Chong movie. Link to comment Share on other sites More sharing options...
Chef Jim Posted November 21, 2008 Share Posted November 21, 2008 So if all this money came out of the stock market , where is it ? In a bank someplace. I'm not sure of the name of the bank but here's their stockholder meeting. Link to comment Share on other sites More sharing options...
GoodBye Posted November 21, 2008 Share Posted November 21, 2008 So if all this money came out of the stock market , where is it ? Under a mattress. Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted November 21, 2008 Share Posted November 21, 2008 Under a mattress. Yep. All my retirement money is in positive earning gov't securities. Heck it may not be earning that much... But 4% or so is better than losing your shirt... I got to that "mattress" very early and stemmed the lose during this bleed off. Link to comment Share on other sites More sharing options...
Chef Jim Posted November 21, 2008 Share Posted November 21, 2008 Yep. All my retirement money is in positive earning gov't securities. Heck it may not be earning that much... But 4% or so is better than losing your shirt... I got to that "mattress" very early and stemmed the lose during this bleed off. Unless you own the individual gov't bonds and not a gov't bond fund it in not guaranteed have positive earnings. Link to comment Share on other sites More sharing options...
Chef Jim Posted November 21, 2008 Share Posted November 21, 2008 Under a mattress. A U.T.M is always better than an I.R.A I'm a financial !@#$ing guru!! Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted November 21, 2008 Share Posted November 21, 2008 Unless you own the individual gov't bonds and not a gov't bond fund it in not guaranteed have positive earnings. Maybe so... But I can't lose (I do hope they don't take it all away tommorrow-- In God We Trust... money in my Federal TSP G fund. 5/08 Thrift Savings Plan Key Features • The G Fund offers the opportunity to earn rates of interest similar to those of long-term Government securities but without any risk of loss of principal and very little volatility of earnings. • The objective of the G Fund is to maintain a higher return than inflation without exposing the fund to risk of default or changes in market prices. • The G Fund is invested in short-term U.S. Treasury securities specially issued to the TSP. Payment of principal and interest is guaranteed by the U.S. Government. Thus, there is no “credit risk.” • The interest rate resets monthly and is based on the weighted average yield of all outstanding Treasury notes and bonds with 4 or more years to maturity. • Earnings consist entirely of interest income on the securities.• Interest on G Fund securities has, over time, outpaced inflation and 90-day T-bills Link to comment Share on other sites More sharing options...
Chef Jim Posted November 21, 2008 Share Posted November 21, 2008 Maybe so... But I can't lose (I do hope they don't take it all away tommorrow-- In God We Trust... money in my Federal TSP G fund. 5/08 Thrift Savings Plan Key Features • The G Fund offers the opportunity to earn rates of interest similar to those of long-term Government securities but without any risk of loss of principal and very little volatility of earnings. • The objective of the G Fund is to maintain a higher return than inflation without exposing the fund to risk of default or changes in market prices. • The G Fund is invested in short-term U.S. Treasury securities specially issued to the TSP. Payment of principal and interest is guaranteed by the U.S. Government. Thus, there is no “credit risk.” • The interest rate resets monthly and is based on the weighted average yield of all outstanding Treasury notes and bonds with 4 or more years to maturity. • Earnings consist entirely of interest income on the securities.• Interest on G Fund securities has, over time, outpaced inflation and 90-day T-bills You were lucky to get out. But if you were smart you would have dollar cost averaged back in over the past 12 months. Where is your new money going? Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted November 21, 2008 Share Posted November 21, 2008 You were lucky to get out. But if you were smart you would have dollar cost averaged back in over the past 12 months. Where is your new money going? I know... I know... Shoot me! The new money is going the conservative route. I just don't have a stomach for this! Link to comment Share on other sites More sharing options...
Chef Jim Posted November 21, 2008 Share Posted November 21, 2008 I know... I know... Shoot me! The new money is going the conservative route. I just don't have a stomach for this! Put it back in one month at a time over the next twelve months. How many years to retirement? Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted November 21, 2008 Share Posted November 21, 2008 Put it back in one month at a time over the next twelve months. How many years to retirement? I kinda had that idea... Thanks... And I have a ton of time till retirement... 62 and a half is 22.5 years away! Link to comment Share on other sites More sharing options...
Chef Jim Posted November 21, 2008 Share Posted November 21, 2008 I kinda had that idea... Thanks... And I have a ton of time till retirement... 62 and a half is 22.5 years away! Shiit dude...all in baby! I assume you have a fat Gov't pension too? Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted November 21, 2008 Share Posted November 21, 2008 I assume you have a fat Gov't pension too? Ha... Maybe... If they don't take it away someday! I am in FERS... Not the old CSRS... So they take SS out of my pay... Kinda of a three prong attack: 1. Nest Egg (TSP/401K) 2. Pension 3. SS Link to comment Share on other sites More sharing options...
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