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hfojvt

(37,573 posts)

15. it's not even down

Reply to Cali_Democrat (Reply #4)

Tue Aug 27, 2013, 04:06 PM

Aug 2013

if you look at it compared to last year.

Last year it was at 13,200 now it is at 14,800.

However, last month it was at 15,600 so it has taken a fair beating, but that beating down comes after a surge up. So it is not a loss even compared to four months ago.

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Stocks Are Getting Demolished [View all] FarCenter Aug 2013 OP

Why people still mess around with stocks, I'll never know... Blue_Tires Aug 2013 #1

One reason people still mess around with stocks is that savings accounts pay 0% HardTimes99 Aug 2013 #5

Part of the great war on the middle class edhopper Aug 2013 #14

There are several reasons why savings accounts and bonds do not HardTimes99 Aug 2013 #16

Don't underestimate edhopper Aug 2013 #19

Just getting started.... Junkdrawer Aug 2013 #2

Well, hell, I'm sittin' on some cash. . . DinahMoeHum Aug 2013 #3

IIRC, the sentiment was first uttered by the Baron Rothschild who said (paraphrasing) to buy when HardTimes99 Aug 2013 #7

. . .and to buy when the blood is running in the streets. . . DinahMoeHum Aug 2013 #10

I've been better this time around. Every time the market goes up 1%, I pull 1% into cash. denverbill Aug 2013 #18

Dow is down a little over 1% Cali_Democrat Aug 2013 #4

Hear, hear! Thanks for some math sanity :) - nt HardTimes99 Aug 2013 #9

it's not even down hfojvt Aug 2013 #15

C'mon, you are using facts again. That won't go over well. FSogol Aug 2013 #17

Its easy Syria and Summers nt daa Aug 2013 #6

I am out PowerToThePeople Aug 2013 #8

exactly correct.. the 1% needs everyone ELSE in the market, so they can make... DontTreadOnMe Aug 2013 #11

A noble goal. I hope you succeed. My thoughts have been trending in that direction since 2001 but HardTimes99 Aug 2013 #13

it's all meaningless and irrelevent to the vast majority of Americans, its not even a good indicator bowens43 Aug 2013 #12