Hey kids

AKCoverMan

Well-Known Member
Unless your retiring this week the market dip simply means your 401k contributions are buying shares at a lower price so your getting more for your money.
 

brown bomber

brown bomber
took a few bucks off of the table,..it was all profit, gonna wait a week or so. I've got some cash ready to invest...I think that Greece, is the first to fall....after that Portugal, Spain , and Italy
 

Wally

BrownCafe Innovator & King of Puns
Puerto Rico is in big trouble too. What were they spending on? 72 Billion in debt, half of that unfunded pension liabilities. They spent too much, and rather than cut back or raise taxes, they choose to borrow. Sounds like us today.

Too bad politicians here aren't even talking about debt. How long before we are Greece?
 
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Brownslave688

You want a toe? I can get you a toe.
We are overdue for a correction in the market. This is why the market has crazy fluctuations now. You're average person wasn't in the stock market 30 years ago. Now every Tom dick and Harry owns stocks and freaks out at every little thing.



If you can't take the heat just buy a CD at your local bank.
 

Wally

BrownCafe Innovator & King of Puns
It's more important to ban the Confederate flag and celebrate the rainbow flag.

NJ is heading down this path too. Total Democrat control for years, wild spending and borrowing for decades, and everyone blames the Governor for our pension mess that started 20 years ago. Nothing was said for the first 15 years of this mess.
 

oldngray

nowhere special
The market will take a hit because of Greece but it is better to have a correction now so the market can recover. Greece economy isn't that big but the world views it as much more important than it really should be. It would only get worse if Europe kept pouring down than endless money pit. Greece has the ultimate socialist mentality that the world is supposed to pay their bills and has made no effort to control their spending.
 

Brownslave688

You want a toe? I can get you a toe.
NJ is heading down this path too. Total Democrat control for years, wild spending and borrowing for decades, and everyone blames the Governor for our pension mess that started 20 years ago. Nothing was said for the first 15 years of this mess.
Illinois is a complete disaster. Pensions are just like SS they don't seem to work out too well.
 

Brownslave688

You want a toe? I can get you a toe.
The market will take a hit because of Greece but it is better to have a correction now so the market can recover. Greece economy isn't that big but the world views it as much more important than it really should be. It would only get worse if Europe kept pouring down than endless money pit. Greece has the ultimate socialist mentality that the world is supposed to pay their bills and has made no effort to control their spending.
Some of these euro countries are just insane. Spain's unemployment rate isn't that far under 50%
 
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