Essen pee 500
 

How's your portfolio?

Heh I have 20% in an S&P index, 5% in an S&P enhanced index. :) I never looked until you posted that silly chart.

Things are looking good for us to retire once the kid hits college, provided my wife doesn't become a director or some silly thing.

S&P 500 at an all time high.
Dow Jones Industrials near an all time high
Good jobs report (110,000 new jobs created).
Interest rates low.
Now, where are the libs to tell us how bad the economy is.

Wait for it.....

What portfolio?:confused: I cashed mine out to start a new business, now I get to start again. When I make money, which may be awhile...quite awhile.

From about 9/11 to about 2003 it looked like my retirement was passing out of sight over the horizon. Now it looks like I am STILL going to be able to retire at a reasonable age and amount of time. The dip (if that's all it was) put me back about a year is all.

But it did force me to diversify into international markets and small caps, which I hadn't done previously. I'm still about 30% into S&P mutual (down from 60%).

All of my 401K is in mutual funds and except about 10% fed bonds (guaranteed). My other investments are significantly riskier but right now make me look like a freaking genius.

Think this is a burp-bubble or are we back on a growth track?

Bot

Thanks Bot for posting this, my Van Guard is doing well along with the Latin American fund,which someone has be nudging me to change to the Pacific rim.

Damn, that looks like bubble material. Didn't the indexes look pretty good at various points in '29? Wasn't that in the days when the free market had better sway than now?

Nothing wrong with some diversification, Mistress. I think the Pacific Rim is more likely to experience solid, long-term growth than South America is. SA has always seemed too volatile and risky to me. The Asian mindset is more long term and determined in my opinion.

I have no idea. Perhaps you can bring education to the masses on that subject. Ever heard of those geniuses Smoot and Hawley? That's your free trade in action. And there's a good place to start in educating us about the great depression and how things are similar.

Sometimes the market goes up. Sometimes the market goes down.

Make money by investing (AKA "betting") on one direction or the other.

Ladies and gentlemen, place your bets.

B

up n down, up n down, in n out.....

the stuff I read in the local paper and wall street journal would have one expect a possible dip in the near future.

my stuff in indexed on the S&P also.

fingers crossed.:)

I'm not real familiar with the Great Depression and whies and wherefors it's true. It is interesting that the Pres. who managed to shepherd us out of it and who dramatically improved the treatment of returned combat vets has been maligned for years by people devoted, in near religious manner, to the free market.

Ohhh,you mean "Rosenfeld" as the far right Capitalists{I,E,Thiefs}called him.

Speaking of faith-based opinions.

It's a crap shoot I tell ya.