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Have You Heard? Magic Friends Are The Word
- Thread starter nibblesandbits
- Start date
- Status
I know...that's what WHF keeps telling me.
It was just like...what the hell?! I had this money for how many years...and now that I put it in...it all goes down the crapper. :lol:
Pongo
New Member
I really wish I understood economics so that I knew what was bad and why it's bad. Rather, I feel like I'm blindfolded and people just keep saying "THIS IS BAD!" but won't say what is bad about anything.
I got a 1 on the AP economics exam :lookaroun :lol:
Hi/bye Dot!
Dukeblue1016
New Member
Trust me it does suck... definitely.
But, you just gotta look at it that, it's not part of your current net worth and so it doesn't affect you today... and in the end the market will recover and you're future will not be ruined...
Unfortunately... I don't see the market recovering anytime soon, and I don't think we've even begun to see what rock bottom looks like...
SamnDawn060304
New Member
Our flight leaves at 4:45 too out of BWI.
I am sure if you forget something there is a Wally World somewhere:ROFLOL:Hope you have a wonderful time take lots of pics.
k.hunter30
New Member
Oh NOOOOOOOOOOOOOOOO!!!!!!!!!!!
:brick::brick::brick::brick::brick:
I just sent a press release out to all employees without turning off my "request a read receipt" option! :brick: I accidentally did that with a different release more than a year ago and I STILL get read receipts from it. :brick:
Of COURSE this has to happen hours before I'm leaving for a week. My Inbox is going to be ridiculous when I get back.:brick:
:brick:
:brick::brick::brick::brick::brick:
I just sent a press release out to all employees without turning off my "request a read receipt" option! :brick: I accidentally did that with a different release more than a year ago and I STILL get read receipts from it. :brick:
Of COURSE this has to happen hours before I'm leaving for a week. My Inbox is going to be ridiculous when I get back.:brick:
:brick:
Dukeblue1016
New Member
hahahahha
You really have nothing to worry about. You'll also ride the coat tails of the nice wave...
I mean you're already in school which is good (if you have loans) because we're entering a period (although thank god for the bailout... I firmly believe it had to happen, and it will in the long wrong make us money) because otherwise you wouldn't even be able to takeout a student loan...
without the bailout... there'd be an overabundance of frozen assets... meaning they wouldn't have any real value... everyone would lose faith in banks and start taking their money out of them... more would crumble... and there'd be no money in the economy which means that there'd be no liquidity in bank's assets to in turn give out loans and so no one would be able to buy houses without loans, and if they got them interest rates would be so high it'd be just an overall bad investment to buy a house; you wouldn't be able to buy a car or even get student loans...
with the dow plummitting we're entering a verrrrrrry tight trading period, (which unfortunately could last upwards of 10-15 years) where... we may not see the dow reach upwards of the 14k peak for a very long time... anyone who is looking to retire in the next... 10-15 years and hadn't made the conversative move in pushing their portfolio into bonds has already lost an absurd amount of money... and in they next 10-15 years they may never regain what they lost.
the market wants to bottom... today in the first hour it dropped almost 700 points to 7800; and then jumped back up to 8600 which is good... if the market plummits int he first hour or so and then ends up finishing the day with a gain you can basically see the change take place in the market where, as long as it doesn't go back below the original bottom; you've hit a bottom and you can see a bright outlook... (but again, unfortunately... the next 10-15 years could EASILY see some tight trading so nothing much is going to change for the people who have losts A LOT of money over the past month)
the real problem of the economy is going to be the tight spending this causes which in turn will cause other companies (and not just the ones on wall street) to continue to crumble... meaning unemployment will increase dramatically... and high unemployment has a direct negative affect on the economy... considering it means there is not as much money out there to spend and more people NOT buying houses, not buying cars, not taking out loans... and more and more assets freeze up...
Little economics 101 I figured I'd share...
Dukeblue1016
New Member
Pongo
New Member
hahahahha
You really have nothing to worry about. You'll also ride the coat tails of the nice wave...
I mean you're already in school which is good (if you have loans) because we're entering a period (although thank god for the bailout... I firmly believe it had to happen, and it will in the long wrong make us money) because otherwise you wouldn't even be able to takeout a student loan...
without the bailout... there'd be an overabundance of frozen assets... meaning they wouldn't have any real value... everyone would lose faith in banks and start taking their money out of them... more would crumble... and there'd be no money in the economy which means that there'd be no liquidity in bank's assets to in turn give out loans and so no one would be able to buy houses without loans, and if they got them interest rates would be so high it'd be just an overall bad investment to buy a house; you wouldn't be able to buy a car or even get student loans...
with the dow plummitting we're entering a verrrrrrry tight trading period, (which unfortunately could last upwards of 10-15 years) where... we may not see the dow reach upwards of the 14k peak for a very long time... anyone who is looking to retire in the next... 10-15 years and hadn't made the conversative move in pushing their portfolio into bonds has already lost an absurd amount of money... and in they next 10-15 years they may never regain what they lost.
the market wants to bottom... today in the first hour it dropped almost 700 points to 7800; and then jumped back up to 8600 which is good... if the market plummits int he first hour or so and then ends up finishing the day with a gain you can basically see the change take place in the market where, as long as it doesn't go back below the original bottom; you've hit a bottom and you can see a bright outlook... (but again, unfortunately... the next 10-15 years could EASILY see some tight trading so nothing much is going to change for the people who have losts A LOT of money over the past month)
the real problem of the economy is going to be the tight spending this causes which in turn will cause other companies (and not just the ones on wall street) to continue to crumble... meaning unemployment will increase dramatically... and high unemployment has a direct negative affect on the economy... considering it means there is not as much money out there to spend and more people NOT buying houses, not buying cars, not taking out loans... and more and more assets freeze up...
Little economics 101 I figured I'd share...
Joe, I didn't know you spoke a foreign language...
mpoppins76
Well-Known Member
Steph...
In case I don't get the chance to talk to you...have an absolutely wonderful time!!! Advice...try not to stress too much and really, really try to enjoy your day. It goes by so fast...before you know it, it will be over. Trust me on that.
You'll be a lovely bride and I can't wait to see all the pics! I love you sweetie!!! :kiss:
Awwww. Thanks you guys!
:kiss::ROFLOL::ROFLOL:
Dukeblue1016
New Member
:lol: :lol: :lol:
sorry if that was a little over the top... just trying to offer some insight on what is what... :shrug:
hahahahaha i like that though
Wow...Joe...you're pretty smart...I learned some stuff there too...
Dukeblue1016
New Member
just chugging around 8200...
if it closes being down 3-400 points... oh my god monday is going to be a total crash...
there will just be total panick going into Monday...
lunchtime.
if it closes being down 3-400 points... oh my god monday is going to be a total crash...
there will just be total panick going into Monday...
lunchtime.
DisneyBunny
Active Member
sigh...
k.hunter30
New Member
:wave: Bye!
Have a WONDERFUL time Steph! I'll definitely be thinking about you!
:kiss:
Talk to you guys in a week!
Have a WONDERFUL time Steph! I'll definitely be thinking about you!
:kiss:
Talk to you guys in a week!
DisneyBunny
Active Member
bye Kat! Have a blast!! Take lots of pics!
Bye Kat!!! Have a great trip!!!
Hi Susan and Bun
Hi Susan and Bun
mpoppins76
Well-Known Member
WaltzingMatilda
Member
Okay, somebody catch me up quick -
Kat is leaving for CA, and Steph's last day is when? And Samie is in Disney, Dawn leaves next week, and I think Dot leaves next week as well? WHat else is going on around here?
Kat is leaving for CA, and Steph's last day is when? And Samie is in Disney, Dawn leaves next week, and I think Dot leaves next week as well? WHat else is going on around here?
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