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Old 09-29-2008, 03:09 PM   #1
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Anyone else losing money today?

I try not to pay that much attention but I can't help notice the numbers today. Boy, the market's taking a big hit.

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Old 09-29-2008, 03:12 PM   #2
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polotics polotics etc....

the comapnys got them selves into this mess.

Im not going to get started on it.
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Old 09-29-2008, 03:17 PM   #3
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I'm unemployed, does that count as losing money?? LOL
Seriously, I'm too scared to gamble whether in a casino or Wall Street.
We're not talking about trading. We're talking about our retirement funds.
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Old 09-29-2008, 03:19 PM   #4
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We're not talking about trading. We're talking about our retirement funds.

So sorry.
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Old 09-29-2008, 03:21 PM   #5
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we are now poor....sigh
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Old 09-29-2008, 03:22 PM   #6
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ohh well I actualyl moved $2000 in my 401K to teh common stock and changed the election in the common from 40% to 65%.

risky but in the long haul ill make out liek crazy.

I made out like a bandit before my 401k crashed recently
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Old 09-29-2008, 03:24 PM   #7
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we are now poor....sigh
...only on paper. You'll be fine for the long term.
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Old 09-29-2008, 03:25 PM   #8
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try telling that to my hubby roadfix...he's as low as the market right now...
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Old 09-29-2008, 03:25 PM   #9
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So sorry.
No need to be sorry. It's common to equate the stock market to day to day trading.
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Old 09-29-2008, 03:27 PM   #10
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I am off 6 figures for the year.
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Old 09-29-2008, 04:53 PM   #11
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I am off 6 figures for the year.
ouch
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Old 09-29-2008, 05:01 PM   #12
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I few months ago I stopped opening the monthly statements from Oppenheimer. I've been down this path before and there's no reason to add insult to injury by crunching numbers that don't mean anything unless you're going to sell an investment. I ain't sellin, so I ain't lookin neither. What the hey, it's only money anyway. Let's make a great meal and have a party. It worked for Nero...didn't it?
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Old 09-29-2008, 05:12 PM   #13
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lol joe, what should i bring?
babe
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Old 09-29-2008, 05:15 PM   #14
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How about some silver dollar pancakes?
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Old 09-29-2008, 05:40 PM   #15
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How about some silver dollar pancakes?
Millioner's Pie
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Old 09-29-2008, 06:38 PM   #16
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As of right now, the market is down 777 points (NYSE) the largest single day loss in History. The whole country is losing money. I won 800.00 last night in a casino here in Vegas. I think I'll take all my money and stick it into a slot machine. The odds are better.
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Old 09-29-2008, 07:03 PM   #17
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As of right now, the market is down 777 points (NYSE) the largest single day loss in History. The whole country is losing money. I won 800.00 last night in a casino here in Vegas. I think I'll take all my money and stick it into a slot machine. The odds are better.
Just out of curiosity, how much did you spend to win $800?? I'm always interested in the bottom line...income - expense=profit. We all know it takes money to make money, and there aint no free lunch. High rollers are treated better because they spend more.
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Old 09-29-2008, 07:04 PM   #18
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As of right now, the market is down 777 points (NYSE) the largest single day loss in History. The whole country is losing money. I won 800.00 last night in a casino here in Vegas. I think I'll take all my money and stick it into a slot machine. The odds are better.
If I were in Vegas I'd be playing Blazing 7's.
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Old 09-29-2008, 07:08 PM   #19
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I am meeting with an advisor at Charles Schwab about my 401K next week. I have 70 percent in the Asian stock market so I shudder to think what has happened to those funds in the past week.
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Old 09-29-2008, 07:31 PM   #20
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I say you haven't lost anything until you sell it. Yes, we're in hard times. Most of ours is General Dynamics and Exxon. If they go down, the economy will be in complete chaos anyway.
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