Dow at 8000 and falling....

[DairyFarmer 1]

news on additional investment by chinese in treasury bonds - fact or fiction?? you decide.

[w¡n9Nµ7 §£@¥€r 123]

8384

[caybee 21]

Thinking we'll dump the rent and move into our vacation home with the cats.

[mawilson 2,133]

8384

I'm calling the bottom at 7,000 or less.

[DairyFarmer 1]

Yep. Although I think more of the pain now is short term. Once things turn around, then better for all involved.

You can think that if it makes you feel better... in reality, you should probably sell whatever

you have left to avoid further losses. It's not the bottom yet, far from it.

That is ridiculous advice and it is those who believe that type of rubbish who get hurt. The small time investor.

Fine, hold on to your depreciating assets, lose some more.

What and increase the bottom out, better to buy in more and make the most of it.

[AlHayatZween 2]

what about regular checking & savings accounts?

those are okay not to touch, right?

no those are doooooooooooooooooooooooooooooooooooooooooooooomed

don't hate on me just cuz i'm of the hide-money-under-your-mattress school...

[DairyFarmer 1]

8384

I'm calling the bottom at 7,000 or less.

Soothsayers unite

[w¡n9Nµ7 §£@¥€r 123]

what about regular checking & savings accounts?

those are okay not to touch, right?

no those are doooooooooooooooooooooooooooooooooooooooooooooomed

don't hate on me just cuz i'm of the hide-money-under-your-mattress school...

i'm not hating on you. you're cool.

i'm making light of the situation.

[DairyFarmer 1]

what about regular checking & savings accounts?

those are okay not to touch, right?

no those are doooooooooooooooooooooooooooooooooooooooooooooomed

don't hate on me just cuz i'm of the hide-money-under-your-mattress school...

My John is the same as you I'm trying to compromise. I invest in Gold and then he can dig a hole for it.

[w¡n9Nµ7 §£@¥€r 123]

8384

I'm calling the bottom at 7,000 or less.

Soothsayers unite

DF

[DairyFarmer 1]

what about regular checking & savings accounts?

those are okay not to touch, right?

no those are doooooooooooooooooooooooooooooooooooooooooooooomed

don't hate on me just cuz i'm of the hide-money-under-your-mattress school...

My John is the same as you I'm trying to compromise. I invest in Gold and then he can dig a hole for it.

And the saying is cash is king, even if inflation bites into it. Not everyone has an appetite for risk.

8384

I'm calling the bottom at 7,000 or less.

Soothsayers unite

DF

Can't help myself.

[w¡n9Nµ7 §£@¥€r 123]

If cash is king, I should stop all 401k contributions and stop prepaying my mortgage (why put more money into a depreciating asset?).

[mawilson 2,133]

Yep. Although I think more of the pain now is short term. Once things turn around, then better for all involved.

You can think that if it makes you feel better... in reality, you should probably sell whatever

you have left to avoid further losses. It's not the bottom yet, far from it.

That is ridiculous advice and it is those who believe that type of rubbish who get hurt. The small time investor.

Fine, hold on to your depreciating assets, lose some more.

What and increase the bottom out, better to buy in more and make the most of it.

Never done any trading, have you? Telling people to "hang in there" when you know they are

going to lose another 15-20% is the worst financial advice you can give them.

Sell now, buy back later when we hit the bottom.

Remember: markets always fall faster than they rise, because fear is a stronger emotion than greed.

You will *always* lose more money betting on the market going up than down.

[DairyFarmer 1]

If cash is king, I should stop all 401k contributions and stop prepaying my mortgage (why put more money into a depreciating asset?).

Cash is king if you have NO debt. Always better to pay off where the interest is higher than what you get at the bank.

[AlHayatZween 2]

what about regular checking & savings accounts?

those are okay not to touch, right?

no those are doooooooooooooooooooooooooooooooooooooooooooooomed

don't hate on me just cuz i'm of the hide-money-under-your-mattress school...

i'm not hating on you. you're cool.

i'm making light of the situation.

you are my favorite, Troll...

i just need you to tell me when to pull all my $$ out...

i still have enough saved for a few camels and an auberge in Western Sahara.