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 Message Boards » » OMFG DOW BELOW TWELVE THOU!!1! Page [1]  
Lionheart
I'm Eggscellent
12775 Posts
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6/10/2011 10:53:23 AM

aaronburro
Sup, B
53063 Posts
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ibtl
ibtb
ibts
ibtt

6/10/2011 11:17:58 AM

lewisje
All American
9196 Posts
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i has a sad

6/10/2011 11:46:46 AM

face
All American
8503 Posts
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Don't worry it will go much lower before they devalue the currency

6/10/2011 12:31:55 PM

Lionheart
I'm Eggscellent
12775 Posts
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My poor 401k

6/23/2011 10:35:04 AM

sparky
Garage Mod
12301 Posts
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i'm not worried about my 401k. i have a looong loooong time before i retire. in fact i'm thinking of bumping up my contribution. right now is the time to buy. the stock market will rebound.

6/23/2011 11:14:13 AM

face
All American
8503 Posts
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increasing your contributions is usually always a good idea but it's certainly questionable right now.

In most 401k's you only really have 3 options.

Stock mutual funds, bond mutual funds, money markets funds.

Stocks: Yikes, way overpriced and stock fund managers have a pretty awful track record.

Bonds: Yikes, terrible yields, credit crunch, possible forced redemptions, and possible hyperinflation coming soon

Money markets: Yielding 0%, most are invested highly inappropriately in European debt, facing an epic credit crunch.


Good luck!

6/24/2011 12:31:43 AM

Kris
All American
36908 Posts
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you forgot index funds

6/24/2011 12:44:47 AM

Lionheart
I'm Eggscellent
12775 Posts
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I have no choice but to terrify you by ratcheting up the alert system a couple of notches to... Blackwatch Plaid!

8/2/2011 4:54:45 PM

Lionheart
I'm Eggscellent
12775 Posts
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I'm gonna raise the warning system from "Blackwatch Plaid" to the cover of Rush's seminal album "Moving Pictures.

8/8/2011 11:11:45 AM

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