Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Tuesday Ups Earnings Report
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="browniehound" data-source="post: 474526" data-attributes="member: 4653"><p>Ouch! Bad news all around. </p><p> </p><p>However, the earnings report is better than most other companies are reporting. Times are tough but we are still operating in the black. When the economy rebounds in the next decade <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":-)" title="Smile :-)" loading="lazy" data-shortname=":-)" />dissapointed<img src="/community/styles/default/xenforo/smilies/smile.png" class="smilie" loading="lazy" alt=":)" title="Smile :)" data-shortname=":)" /> UPS will be back where it used to be beating wall street estimates and growing earnings.</p><p> </p><p>I'm feeling terrible for the UPS shareholders. Mostly the ones that are employed at UPS, hourlies and management included. We gave our sweat to the company and it hurts when our money loses half of its value.</p><p> </p><p>If you are a center manager at UPS and are 55-60 years old what just happened in the last 6-12 months? Your plan for retirement must be severely altered, no? I don't care what differences we had, I would never wish this loss on anyone.</p><p> </p><p>I learned a very valuable lesson at age 30. Stocks can provide tremendous growth and fund your retirement, but they must be considered for what they really are. Risky investments that can lose money or most of its value very quickly.</p><p> </p><p>I witnessed the 1990's and the huge market run-up. When things went south in early 2000 and beyond, I thought that would be the worst bear market I would ever see! That was one of the worst bear markets we had seen. </p><p> </p><p>The one we are experiencing now makes the 2000-2002 look like a minor dip! I know everyone is still recieving their dividend checks but to see your UPS nestegg AND your 401k balance to be reduced so significantly must be unbearable!</p><p> </p><p>Man, have I learned a lesson! I still have 30 years (maybe 90 years now because of the market, lol) until retirement. I now know 15 years out I will begin to make stocks a minimal part of my portfolio.</p><p> </p><p>I don't care if I have to work longer. I will trade this off for losing everything. I just think of our mangers at UPS who are 55-60. Do you have to work until you are 70 now?</p></blockquote><p></p>
[QUOTE="browniehound, post: 474526, member: 4653"] Ouch! Bad news all around. However, the earnings report is better than most other companies are reporting. Times are tough but we are still operating in the black. When the economy rebounds in the next decade (:dissapointed:) UPS will be back where it used to be beating wall street estimates and growing earnings. I'm feeling terrible for the UPS shareholders. Mostly the ones that are employed at UPS, hourlies and management included. We gave our sweat to the company and it hurts when our money loses half of its value. If you are a center manager at UPS and are 55-60 years old what just happened in the last 6-12 months? Your plan for retirement must be severely altered, no? I don't care what differences we had, I would never wish this loss on anyone. I learned a very valuable lesson at age 30. Stocks can provide tremendous growth and fund your retirement, but they must be considered for what they really are. Risky investments that can lose money or most of its value very quickly. I witnessed the 1990's and the huge market run-up. When things went south in early 2000 and beyond, I thought that would be the worst bear market I would ever see! That was one of the worst bear markets we had seen. The one we are experiencing now makes the 2000-2002 look like a minor dip! I know everyone is still recieving their dividend checks but to see your UPS nestegg AND your 401k balance to be reduced so significantly must be unbearable! Man, have I learned a lesson! I still have 30 years (maybe 90 years now because of the market, lol) until retirement. I now know 15 years out I will begin to make stocks a minimal part of my portfolio. I don't care if I have to work longer. I will trade this off for losing everything. I just think of our mangers at UPS who are 55-60. Do you have to work until you are 70 now? [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Tuesday Ups Earnings Report
Top