Scared to look up my mutual funds

[Ray]

Originally Posted by RPS

I thought my statement below made it clear “Genius” was used by someone else. Sorry for the confusion, it was not my intent to upset you.

Not a problem - I just felt the need to clarify because the line of yours that I quoted was in a short post that was otherwise in response to a post of mine about his brains. Not to worry - it takes a LOT more than any of this stuff to really upset me

-Ray

[MRB]

Originally Posted by Smiley

Scared to look up my mutual funds

Yea... I'm not concerned about the Return ON my principle, I'm concerned about the Return OF my principle.

[vaxn8r]

Originally Posted by Climb01742

keno, i view BO as a work in progress. so far, i like what i see. but i don't have blinders on. he says this election is about change. i'd modify that to say that this election is about the change from politics/gov't without principles to one, hopefully, with principles. the last two weeks have given me some pause about principles vs expediency in the BO campaign. time will tell.

i have hope but my eyes are open.

Climb, you are an idealist. That's a good thing. I wouldn't hold my breath for a politician with principles. Special interests own politicians. In the final analysis, politicians always cave.

Case in point. A couple of dozen grass seed farmers in the Willamette Valley continue to get local political support to burn their fields every summer at the expense of hundreds of thousands of valley residents health and quality of life. There are hundreds of ED visits, inpatient hospitalizations and even deaths attributed to the heavy particulate exposure during the burn periods. One year there was a multicar pile-up on I-5 because visibilty was nil. But a few dozen grass seed farmers keep lining local politicians belts and nothing gets done year after year. Classic microcosm of what goes in DC.

[Chad Engle]

I’d like to think that W’s master plan for the Middle East involves more than Iraq; which explains why finishing the job is so important to him. His vision for the Middle East may be misguided, but I don’t think his actions are as arbitrary as many think. IMO his mission is similar to Reagan’s. He wants a democratic Middle East while Reagan wanted a democratic Soviet Union.

So the master plan is evolving? Must be, I don't remember any demand for Saddam to allow his fellow country men and women to vote or we would invade. IIRC it was allow the inspectors to look for wmd's. Folks can always find a reason to justify staying but IMO they never outweigh the reasons to justify leaving.

[Charles M]

I'm insanely lucky...

I rolled all of my funds yo a fixed income account ahead of swapping to new fund management. That was 7 months ago and I havent changed anything since...

Now I sit and fidget all day wondering when the right time to dump everything back in is...

[Tobias]

Originally Posted by Chad Engle

Folks can always find a reason to justify staying but IMO they never outweigh the reasons to justify leaving.

A mistake won’t fix a previous one.
I’ve never seen it work in my lifetime.

Our economy and future depend on stability.

[Chad Engle]

Originally Posted by Tobias

A mistake won’t fix a previous one.
I’ve never seen it work in my lifetime.

Our economy and future depend on stability.

Agreed, just don't think it will ever be. Wasn't stable when we went in, won't be stable when we leave.

[Ray]

Originally Posted by Chad Engle

Agreed, just don't think it will ever be. Wasn't stable when we went in, won't be stable when we leave.

Disagree - it WAS stable when we went in. It wasn't GOOD, by our standards or the Iraqi people, but it was stable. It took a SOB like Saddam to keep it that way, but he did. That's part of what was so messed up about going in to begin with without a plan for what to do once we took him down. There were some smart people around who saw what we were doing. Barack was just one of them.

-Ray

[Pete Serotta]

feel free to open another thread but this one is starting to splinter.

Thanks Pete

[Tobias]

Originally Posted by Chad Engle

Agreed, just don't think it will ever be. Wasn't stable when we went in, won't be stable when we leave.

I’d like to think our presence adds stability to an unstable area. If nothing else, our vulnerability to oil should make us question a quick withdrawal. And unless conditions change in Iraq or the Middle East in general, I remain convinced it would be a horrendous mistake to pull out early. It's just my personal opinion and accept others have different views.

Besides, I’m more concerned than ever about the path our economy is likely to take. We are seeing countries like China and Russia prospering by shifting from communism and socialism towards capitalism, and at the same time our economy is sliding as we move from capitalism towards socialism.

I was going to link an article on Wall Street's fear of 0bama economics but the forum won't allow 0bama to appear.

[Tobias]

Originally Posted by Ray

Disagree - it WAS stable when we went in.

Maybe that day, but what about all the killing? What about the Iran and Iraq wars?

Stability, like on a bike, is relative to our taste.

[Skrawny]

Originally Posted by PezTech

I'm insanely lucky...

I rolled all of my funds yo a fixed income account ahead of swapping to new fund management. That was 7 months ago and I havent changed anything since...

Now I sit and fidget all day wondering when the right time to dump everything back in is...

Start doing it NOW.
Use something called "dollar cost averaging" (as someone mentioned in this thread earlier) DCA is a technique where you put a fixed amount in regularly (Wikipedia explanation ). That way if the prices continue to fall, you buy proportionally more at a lower price, and as they rise you buy less. It allows you to time the market without timing the market.

The ones who try to time the market end up buying high and selling low.
-s