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Post by better2blucky on Mar 5, 2013 9:42:55 GMT -5
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Post by 420 on Mar 5, 2013 10:10:39 GMT -5
Does this mean your rich?
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Post by Mark (EC,IN) on Mar 5, 2013 10:24:06 GMT -5
The Dow must like the sequestration (less govt spending)
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Post by better2blucky on Mar 5, 2013 10:27:51 GMT -5
I like the sequestration also. Compounding interest is the most powerfull force in the universe. I hear the sequester has held up those 100K SURE payments. 3020 must like that.
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Post by cousinit on Mar 5, 2013 10:54:06 GMT -5
I took half our money out of stocks last week and put it into bonds. I didn't wanna ride the thing down again, at our age. Now watch it go to 17 or some damn thing.
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Post by better2blucky on Mar 5, 2013 10:57:48 GMT -5
Depending on your age I understand that. There is the "sleep at night"factor also. Bonds will continue downward also IMO. I am dollar cost averaging into some.
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Post by cousinit on Mar 5, 2013 11:09:55 GMT -5
I didn't think you could lose a lot in the bond market. Investment guy told me they are in short-term bonds. Thoughts? Should I get the heck out of them?
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Post by better2blucky on Mar 5, 2013 11:17:02 GMT -5
There are different kinds of bonds. Municipal bonds, corporate, low grade bonds, state. If your investment guy told you that you are prob. in a very safe bond fund like municipal.
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Post by better2blucky on Mar 5, 2013 11:18:18 GMT -5
I'm dollar cost averaging into more risky bonds.
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Post by 420 on Mar 5, 2013 12:37:41 GMT -5
Bluckie is a young guy and can accept more risk,us old dudes need to start looking at something safe. I havent changed my investing because I think the economy and thus stock prices is going to improve,while the farm economy will worsen,exept for livestock.
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Post by cousinit on Mar 5, 2013 13:34:21 GMT -5
There's a couple of guys on Agtalk who think that the stock market is gonna tank, plus a couple of guys on Bloomberg who think that, too.
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Post by 420 on Mar 5, 2013 14:52:04 GMT -5
One of the so called conservatives on aw says so also,he is quoting this Cramer clown who missed the meltdown in 08,nobody I would listen to. Investing is like farming,ride out the bad times,you need to be in for the long term.
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Post by wheatfarmer on Mar 6, 2013 11:24:39 GMT -5
I'll throw a penney's worth of thought out here. The run up in the stock market as government yelps about problems being brought on by the sequester is reality. Tends to indicate a desire for less government spending and as such, less government in our lives. I can GAURANTEE about 537 people in DC do not like that and will do all they can to bust the stock market back to a level they find desireous. People improving themselves without government intervention does not sit well either party.
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Post by better2blucky on Mar 6, 2013 11:57:51 GMT -5
The govment has hundreds of billions if not trillions of dollars invested in the stock market. I have talked to alot of stock brokers in my life and I am glad you are not mine. Never heard anything like that before. WOW
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Post by 3020 on Mar 7, 2013 6:40:39 GMT -5
Ben Bernanke and the Obama administration have been very good to the top 1%.
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