Stock Market now..

[GFB]

..7% off the highs.

I'm still not jumping in..but I'm warming up in the bullpen.

[Bob Of Burleson]

I see an up day in the markets tomorrow.

[Red Oak]

Not jumping in Greg ?

I thought you were a "buy and holder" ?

[GFB]

Not jumping in Greg ?

I thought you were a "buy and holder" ?

I did not sell anything if that's what you mean.

But I still work for a living, so I have dry powder ready to go.

[Red Oak]

I sold off 30 percent of my equity positions on the September high, and I am kicking my butt that I didn't sell off 70 percent.

I do continues to dollar cost average weekly and monthly regardless of what the market does.

[planosteve]

Not jumping in Greg ?

I thought you were a "buy and holder" ?

I did not sell anything if that's what you mean.

But I still work for a living, so I have dry powder ready to go.

While your powder is drying out, it's also loosing it's purchasing power at the rate of 9% a year according to shadowstats.com
http://www.shadowstats.com/alternate_data/inflation-charts

[Bob Of Burleson]

I do continues to dollar cost average weekly and monthly regardless of what the market does.

Smart... Very smart.

[GFB]

Not jumping in Greg ?

I thought you were a "buy and holder" ?

I did not sell anything if that's what you mean.

But I still work for a living, so I have dry powder ready to go.

While your powder is drying out, it's also loosing it's purchasing power at the rate of 9% a year according to shadowstats.com
http://www.shadowstats.com/alternate_data/inflation-charts

That person is on drugs.

[planosteve]

But I still work for a living, so I have dry powder ready to go.[/quote]
While your powder is drying out, it's also loosing it's purchasing power at the rate of 9% a year according to shadowstats.com
http://www.shadowstats.com/alternate_data/inflation-charts[/quote]

That person is on drugs.[/quote]

I imagine the only reason you have powder is you have dogs instead of kids. If you were having to raise a family you would probably not have any powder unless you borrowed it. Not criticizing, I'm in the same position except we have cats.

[GFB]

But I still work for a living, so I have dry powder ready to go.

While your powder is drying out, it's also loosing it's purchasing power at the rate of 9% a year according to shadowstats.com
http://www.shadowstats.com/alternate_data/inflation-charts[/quote]

That person is on drugs.[/quote]

I imagine the only reason you have powder is you have dogs instead of kids. If you were having to raise a family you would probably not have any powder unless you borrowed it. Not criticizing, I'm in the same position except we have cats. [/quote]

That is really dumb..if I had had kids, they'd have left the nest 10 years ago.

The country is not made up of destitute people.

[planosteve]

The country is not made up of destitute people.

Over 40% of the country would go hungry if they didn't get money from the govt. to buy food.
Here in the great state of Texas in a solid wealthy Republican Collin Co., I get urgent appeals in the mail and online all the time for emergency donations to the county food pantry.

[GFB]

The country is not made up of destitute people.

Over 40% of the country would go hungry if they didn't get money from the govt. to buy food.
Here in the great state of Texas in a solid wealthy Republican Collin Co., I get urgent appeals in the mail and online all the time for emergency donations to the county food pantry.

No, 40% of the country would go take a second job..or a first.

[Red Oak]

But I still work for a living, so I have dry powder ready to go.

While your powder is drying out, it's also loosing it's purchasing power at the rate of 9% a year according to shadowstats.com
http://www.shadowstats.com/alternate_data/inflation-charts

That person is on drugs.[/quote]

I imagine the only reason you have powder is you have dogs instead of kids. If you were having to raise a family you would probably not have any powder unless you borrowed it. Not criticizing, I'm in the same position except we have cats. [/quote]

That is really dumb..if I had had kids, they'd have left the nest 10 years ago.

[/quote]

Greg that is a dumb thing to say, because for the first two decades they would have cost you a crap load, that is unless you only recently started investing.

The few hundred dollars a month I was able to invest 30 years ago has a much larger effect finically than the considerably more I have now to invest monthly.

[GFB]

Of course..time is the most important element.

[GFB]

To anyone thinks I have money saved and invested because I didn't have kids..get a life.

[Red Oak]

To anyone thinks I have money saved and invested because I didn't have kids..get a life.

You just had an opportunity to invest more.

I invested in three kids who all have families of their own, and will take good care of me in my declining years.

They were expensive but worth it

[Bob Of Burleson]

"You think we ought to put Dad in that fancy retirement village?"

"Nah, the state will take care of him."