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  #1  
Old 07-07-2008, 05:55 PM
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Smiley Smiley is offline
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Scared to look up my mutual funds

Anybody else fear the reality of having to work longer then your projections.
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  #2  
Old 07-07-2008, 06:04 PM
mschol17 mschol17 is offline
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Yes, and I'm 27.
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  #3  
Old 07-07-2008, 06:08 PM
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gasman gasman is offline
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Yea, and I've told my 15 and 19 year old kids to start saving for retirement NOW.

My daughter has a small Roth IRA already.
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  #4  
Old 07-07-2008, 06:21 PM
Frank Frank is offline
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According to my 401 (k) and cash balance and stuff...

the only way I can afford to retire is if I die and my insurance pays off!
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  #5  
Old 07-07-2008, 06:24 PM
barry1021 barry1021 is offline
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Relax...

They're only paper losses <gulp!!>

b21
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  #6  
Old 07-07-2008, 06:28 PM
Bud_E Bud_E is offline
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Mostly I invest in funds but I own a few individual stocks. I just checked Bank of America ( BAC ) -- It's less than 1/2 of what it was 1 year ago.

Not only can I not retire but after I die, they're going to make my corpse keep working.
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  #7  
Old 07-07-2008, 06:29 PM
Pete Serotta Pete Serotta is offline
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I am in my 2nd career...... or is that the 3rd one
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  #8  
Old 07-07-2008, 06:43 PM
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Kevan Kevan is offline
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I'll die at my desk...

that'll teach'em!
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  #9  
Old 07-07-2008, 06:48 PM
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Erik.Lazdins Erik.Lazdins is offline
..........
 
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On the bright side - there are a lot of terrific companies' shares on sale now!
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  #10  
Old 07-07-2008, 06:52 PM
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RPS RPS is offline
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Quote:
Originally Posted by Erik.Lazdins
On the bright side - there are a lot of terrific companies' shares on sale now!
Yes, but does that make them a good buy?
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  #11  
Old 07-07-2008, 06:58 PM
tab123 tab123 is offline
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Yes, it is a real test of my being a long-term investor.
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  #12  
Old 07-07-2008, 07:14 PM
TMB TMB is offline
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Quote:
Originally Posted by Bud_E
Mostly I invest in funds but I own a few individual stocks. I just checked Bank of America ( BAC ) -- It's less than 1/2 of what it was 1 year ago.

Not only can I not retire but after I die, they're going to make my corpse keep working.
All the better, buy more. At this price the dividend yield is almost 12%.
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  #13  
Old 07-07-2008, 07:15 PM
mike p mike p is offline
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About a year ago I got out of every fund and stock I owned and put into CD's. My broker tried to convince me to just get into less volatile funds but I had a feeling. I havent made much in the last year of course but I haven't lost half the value of my portfolio either.

Mike
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  #14  
Old 07-07-2008, 07:19 PM
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Erik.Lazdins Erik.Lazdins is offline
..........
 
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Quote:
Originally Posted by RPS
Yes, but does that make them a good buy?
The time to buy is when fear is at it's highest - However is fear at it's highest!?!
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  #15  
Old 07-07-2008, 07:32 PM
dekindy dekindy is offline
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Quote:
Originally Posted by toomanybikes
All the better, buy more. At this price the dividend yield is almost 12%.
I had a buddy say that about Ford a few years ago. After he purchased the stock it went down further and then they suspended the dividend. It did not turn out as he had planned. Investments have a funny way of doing that.
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