Off-Topic: Nowhere to Hide??
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Name:   Mack The author of this post is registered as a member - Email Member
Subject:   Nowhere to Hide??
Date:   8/25/2010 8:07:46 PM

3Q2007 the DJIA was about 14,000.
1Q2008 the DJIA was about 13,000. Too much for me, so I bailed to MM funds.
1Q2009 the DJIA was 8800. Good decision on my part.
But, the MM return went steadily down, until today it is laughable. Free money for lenders.
Bonds?? Not much gain and a lot of risk, if you believe another recession is coming. Default is there.
What is a wise man to do??
Crash into a 401K, pay the taxes, and buy Gulf Property now?
Better than losing everything to a future tax grab on 401 savings.
Other messages in this thread:View Entire Thread
Dow headed to 5,000? - MartiniMan - 8/25/2010 9:35:47 AM
     Dow headed to 5,000? - lamont - 8/25/2010 12:39:09 PM
          Just Curious - Talullahhound - 8/25/2010 3:40:04 PM
               Just Curious - MartiniMan - 8/25/2010 5:51:40 PM
                    Might Also Be Stupid - MAJ USA RET - 8/25/2010 5:57:17 PM
               Nowhere to Hide?? - Mack - 8/25/2010 8:07:46 PM
                    Nowhere to Hide?? - Talullahhound - 8/25/2010 8:18:53 PM
                         That which is lost - MAJ USA RET - 8/25/2010 8:26:42 PM
                    I considered Gulf real estate - Talullahhound - 8/25/2010 8:30:57 PM
                         Hound - GoneFishin - 8/25/2010 9:07:36 PM
                              Martini an idea - GoneFishin - 8/25/2010 9:19:13 PM
                                   Martini an idea - water_watcher - 8/26/2010 6:56:57 AM
                                        In Response To Hound - lamont - 8/26/2010 9:07:57 AM
                                   Martini an idea - MartiniMan - 8/26/2010 8:48:27 AM
                                        Martini an idea - Lifer - 8/26/2010 9:06:06 AM
                                             Martini an idea - GoneFishin - 8/26/2010 10:47:27 PM


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