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Re: Investors Are Speechless: "It's Like Watching Pulp Fiction" 

By: Decomposed in POPE 5 | Recommend this post (1)
Fri, 28 Dec 18 8:44 PM | 68 view(s)
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Msg. 18336 of 62138
(This msg. is a reply to 18332 by Zimbler0)

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Zimbler0:

Re: "And when retirement time comes you'll look good."
Unless the buying power of the currency tanks - which the Federal Debt plus the Present Value of Unfunded Obligations assures us it will. Two million dollars per household and growing! The government sure isn't going to get what it needs through taxation. It's going to have to print and print and print some more. Makes me feel sort of sorry for folks who think that their own retirement is going to, in any way, resemble their parents'.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Investors Are Speechless: "It's Like Watching Pulp Fiction"
By: Zimbler0
in POPE 5
Fri, 28 Dec 18 8:28 PM
Msg. 18332 of 62138

>>
They can move it EITHER way at will................. period.
>>

Well, yeah.
But do I care?
Are they making money off me?

I bought my Dominion resources over many years. (Two decades and
counting, so far.) They just direct deposited my last dividend
check. Three months from now I get another check . . . . Price go
up, price go down . . doesn't matter as long as that divvy check
keeps rolling in.

So I hold and occasionally buy a little more. They 'might' make
a few cents off my small purchase . . . but then they might not.

Same story with most of the other stocks I own some of.

Give me another decade of regular dividend increases and their silly
little games won't make any difference. To Me.

Got money in mutual funds in a 401K or IRA? Re-balance according to
the 'balanced portfolio theory'. When the stocks go high, sell a
little off the top and tuck the money into a more conservative bond
fund . . pocketing the profit. When the Algo's drive the price low,
sell a little off the bonds and buy the stocks at their new low price.
Maintain the balance. And when retirement time comes you'll look good.

Zim.


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