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#2059513 - 01/20/16 05:11 PM RIP Retirement funds
TB 12 Offline
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#2059514 - 01/20/16 05:13 PM Re: RIP Retirement funds TB 12
Bacon Boy Offline
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Stuck w/Avatar
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#2059517 - 01/20/16 05:15 PM Re: RIP Retirement funds TB 12
HappyGilmore Online
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Pulling people out of the ditc...
all because FRB upped the rate by .25%...(I actually heard someone say this with a straight face today)
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#2059523 - 01/20/16 05:22 PM Re: RIP Retirement funds HappyGilmore
Norman Paperman Offline
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Originally Posted By HappyGilmore
all because FRB upped the rate by .25%...(I actually heard someone say this with a straight face today)


smile The Middle East and OPEC are going to bleed us out until we don't have any production capacity left.
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#2059530 - 01/20/16 05:44 PM Re: RIP Retirement funds TB 12
edAudit Offline
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I have just read an article that the issues have to deal with the devaluation of foreign currency to the dollar that is bleeding us.

The middle east will always be an issue. Not sure if it is OPEC this time.
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#2059532 - 01/20/16 05:50 PM Re: RIP Retirement funds TB 12
Peepers Offline
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Maybe the Patriots cheating had something to do with it
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#2059535 - 01/20/16 05:56 PM Re: RIP Retirement funds TB 12
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I feel poor.
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#2059536 - 01/20/16 05:58 PM Re: RIP Retirement funds TB 12
HappyGilmore Online
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Pulling people out of the ditc...
just remember that you are buying low and when it rebounds, you will be worth gajillions of dollars...on top of that, Bernie Sanders will be giving all kinds of free stuff to us next year when he wins...that one-two combination will make everyone instantly wealthy and we can all quit our jobs and no one will have to pay taxes ever again...

(please don't bring up something so silly as if everyone quits their job and no one is working there are no taxes collected to pay for the free stuff, the cooler is not a place for reason)
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#2059538 - 01/20/16 05:59 PM Re: RIP Retirement funds Norman Paperman
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Originally Posted By Norman Paperman
Originally Posted By HappyGilmore
all because FRB upped the rate by .25%...(I actually heard someone say this with a straight face today)


smile The Middle East and OPEC are going to bleed us out until we don't have any production capacity left.

Amen Norm! OPEC has been working on pushing us out of the business for a little over a year. They're doing a fair job but we'll rebound (hopefully.)

I'm heavily invested in energy stocks. good thing I've got a couple decades until retirement! crazy frown

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#2059571 - 01/20/16 07:16 PM Re: RIP Retirement funds TB 12
HappyGilmore Online
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Pulling people out of the ditc...
OPEC has doing this for more than a little over a year, more like since the 1973 oil embargo...
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#2059577 - 01/20/16 07:29 PM Re: RIP Retirement funds HappyGilmore
Norman Paperman Offline
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Originally Posted By HappyGilmore
just remember that you are buying low and when it rebounds, you will be worth gajillions of dollars...on top of that, Bernie Sanders will be giving all kinds of free stuff to us next year when he wins...that one-two combination will make everyone instantly wealthy and we can all quit our jobs and no one will have to pay taxes ever again...



Can I get an AMEN!?

Notice I left out the uncomfortable scary stuff.
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#2059583 - 01/20/16 07:40 PM Re: RIP Retirement funds HappyGilmore
CompliantOkie Offline
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Originally Posted By HappyGilmore
OPEC has doing this for more than a little over a year, more like since the 1973 oil embargo...

Very true story. Although our production in 2014 reignited their desire to drive the US out of the oil business entirely.

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#2059587 - 01/20/16 07:46 PM Re: RIP Retirement funds TB 12
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400 points.....I will just go to my corner and cry...I want out in 8 years!!!!!!!!!!
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#2059591 - 01/20/16 08:10 PM Re: RIP Retirement funds TB 12
Skittles Online
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Luckily my husband (63 years old) moved his into cash right before the fall. He's so thankful he did.
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#2059618 - 01/20/16 09:37 PM Re: RIP Retirement funds TB 12
thomasj Offline
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My employer is in the process of moving our 401k funds to another company. Our money was taken out of the market just before Christmas and is in the process of transferring to the other company right now. I believe it is due to go back into the market next week.
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#2059620 - 01/20/16 09:43 PM Re: RIP Retirement funds TB 12
Wolfy Offline
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Lucky for me I do not have to worry about losing any retirement funds. Lost it all already. I am just lucky that way. ^_-
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#2059654 - 01/20/16 11:50 PM Re: RIP Retirement funds thomasj
RebekahL CRCM Offline
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Originally Posted By thomasj
My employer is in the process of moving our 401k funds to another company. Our money was taken out of the market just before Christmas and is in the process of transferring to the other company right now. I believe it is due to go back into the market next week.


Awesome for you! Sold high and will be buying low! Ka-ching! (hopefully....) smile
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#2059663 - 01/21/16 11:28 AM Re: RIP Retirement funds Skittles
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Originally Posted By Skittles
Luckily my husband (63 years old) moved his into cash right before the fall. He's so thankful he did.


Mason jars or mattress?
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