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The New Peak of Dow Jones

Discussion in 'Off-Topic' started by tuckerkao, Oct 7, 2017.

  1. Lexicus

    Lexicus Deity

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    Sovereign State of the Have-Nots
    Bro, most people in the US don't have "investments" or very good credit for that matter. This isn't the first time you've given the impression that you don't understand there are people with less money than you.
     
  2. hobbsyoyo

    hobbsyoyo Deity

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    Yeah not to dogpile but I've given up trying to point out that his experience is just that - his experience. It seems like every counterargument boils down to - But look I have this money! You guys are just not responsible with yours.

    FFS I'm an engineer and I don't even have a 401k. That's unheard of just 10 years ago and is becoming the new normal.
     
    Lexicus likes this.
  3. Birdjaguar

    Birdjaguar Hanafubuki Retired Moderator Supporter

    Joined:
    Dec 24, 2001
    Messages:
    36,387
    Location:
    Albuquerque, NM
    Single stock risk is real.

    Chasing short term gains with money you cannot afford to lose is not a good idea. In hindsight we tend to see only the fabulous opportunities we missed. If you have invested in a diversified portfolio over the past decade, you would be up a couple of hundred percent. Be grateful for that. Cash has been a tough place to park money since 2008. You might consider laddered, very short term bonds instead, Reasonably quick access and some interest.
     
  4. tuckerkao

    tuckerkao Warlord

    Joined:
    Feb 17, 2010
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    239
  5. Birdjaguar

    Birdjaguar Hanafubuki Retired Moderator Supporter

    Joined:
    Dec 24, 2001
    Messages:
    36,387
    Location:
    Albuquerque, NM
    It was actually -665.75, but calling it Trumps 666 moment is ok.
     

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