It Might Be A good Day To Look @ Your 401K?
- Thread starter whitedust
- Start date
windingtrailgal
Active member
I'll ask u again....u sure u don't want another daughter??? 
I'll ask u again....u sure u don't want another daughter???
LOL 4 is ENOUGH!!!!
mjkaliszak
New member
LOL 4 is ENOUGH!!!!
How about a step son ???? I have 2 daughters ( 1 son ) and they have left me just about broke.
I'm a little leary about the market growth, right about ( now ) is when a calamity usually happens and the big players take their profits , and the market comes crashing down. I admit , Im not smart enough to play with the big dogs, they have beaten me down for a few decades . I keep my stuff in the long term capital preservation funds, gain very little but don't take a shellacing when the market dives...
Just my .02, guess I was meant to " not make it big " in the market.
USA Market finally breaking out companies in great shape not very risky currently so stay in but not a good time to buy unless you do homework on bargin stocks. China has my attention not feeling good about real estate bubble over there going to be severe when that pops!
Sheezz is right...Yep its like gravity right what goes up eventually goes down. Of course there will be a correction if this year maybe a whomping 3% from the point of correction nothing to worry about if going long but the buying opps that the stock buyers want. On the other hand if market continues to march upward you missed your buying opps in Dec/Jan so with 401K contributions just stay the course. China concerns me but everything from the Sequestor to oil prices are known. It is the unknown that bothers me & that is what is driving the those that are worrying about a pull back. USA economy in great shape now & most USA companies fat & happy just not creating jobs no profit doing that. But on the bright side housing coming back & we all are better off with higher home values & builders create jobs for new housing starts. Looking light headlights not tail lights to me.
windingtrailgal
Active member
Well maybe you need a son then??? My husband is mostly housebroken...LOL 4 is ENOUGH!!!!
I wish I had your optimism, I really do. But here are 3 things that will have consequences in the future.
1.The feds are printing, on average now, 85 billion a month, causing, and driving the return rate on CD's and bonds to around @ 1.6-1.8%, which causes people to invest money onto the market instead (less in savings too), to get go returns larger than 1.6-1.8. Its artifically inflated, by the feds.
2.Also, by printing money, it de-values the dollar, which leads to inflation. As to when inflation hits, is anybodies guess, but when it does hit, it will hurt everybody.
3.And, the national debt continues to rise, getting closer to 17 TRILLION.
1.The feds are printing, on average now, 85 billion a month, causing, and driving the return rate on CD's and bonds to around @ 1.6-1.8%, which causes people to invest money onto the market instead (less in savings too), to get go returns larger than 1.6-1.8. Its artifically inflated, by the feds.
2.Also, by printing money, it de-values the dollar, which leads to inflation. As to when inflation hits, is anybodies guess, but when it does hit, it will hurt everybody.
3.And, the national debt continues to rise, getting closer to 17 TRILLION.
Yep all true & known but those problems have focus not like we don't know & are ignoring them. If & when those items become problems to the market it would be time to move some things around to take advantage of higher interest rates as long as gains exceeds inflation. None of this will come to roost quickly the sky is not falling in the near future on known problems Big Ben doing a good job & up front with Congress. Still my concerns lie in the unknown I'm ok in the now.
Along with 4 daughters there were 3 son-inlaws now down to 2 & probably will reduce to 1 son-inlaw soon. 1 was an avid snowmobiler but long gone now. Housebroken would be good most are way behind in their training.
The only thing that matters i show soon you need to tap into your 401k. If you have 10 plus years. Keep it in stocks 100%. When market crashed in 2008.. I was 100% in stocks. Mutual fund... When everyone was pulling out i not only stayed in but i increased my contribution % 8 % and stayed in. In past 5 years market has gone up and down wildly. So what. I was accumulating and buying cheap shares. Today 5 years latter i have far more money than if market never went down. If you have some time on your side a market downturn is a huge blessing. We have all heard it before.... Buy low sell high, to many people buy high. Like right now. When the market goes down stocks are on sale... Why would you not buy...??? If gas dropped a buck fifty a gallon tomorrow woudl you buy or wait till it goes back up to fill all your tanks and gas cans. Stocks are no different. As soon as the correction comes. Jump in. Just rememebr.. The stock market always always always come back to pre drop levels and more.
windingtrailgal
Active member
Not only is he housebroken, he snowmobiles, has a Ski Nautique and still skis...has a Harley too!!
Not only is he housebroken, he snowmobiles, has a Ski Nautique and still skis...has a Harley too!!
Sounds like a good prospect what year Nautique? To me some of the older Nautiques better boats than newer ones. I have no use for Air Nautiques we were never bit by the wakeboarding thing so more interested in small forgiving wakes. Sold my inboard & have new Ranger & does very well for all styles of skiing very surprised it does so well.