Stock market goes over the cliff

[Fishhead]

Yeah, we're in the same boat. Hard to turn down the free money match, even if I think 401(k)s are a scam as a whole....

Short post, but very solid.

[borednaz]

Exactly what BD is saying, now is the time to grab those stocks that falter to a low and hold despite more lose from your purchase price. The key is timing, because you obviously don't want to be the guy who buys at say 100 when you could of bought at 45 a day later. No the main goal is always the same, but it from the sucker who sold it at 60 and sell it back to him at 180 or more when it gets back to real value.

[milwaukee mike]

Iowa farmland up another 34% in the past 12 months, plus dividends.


Stocks are a total waste of time, in the last five years, many stock investors have figured this out and dumped money into farmland.

in the last 4 years the stock market is up 57% + dividends

with 401(k) match + tax savings, money stuck into a retirement account has been doing quite well lately. i've been right with you on commodities, sooner or later that could end badly for those getting in now

[No coincidences]

Iowa farmland up another 34% in the past 12 months, plus dividends.


Stocks are a total waste of time, in the last five years, many stock investors have figured this out and dumped money into farmland.

I'd love to see comparisons of the stock market today vs., say, 2000 after adjustments for inflation. As a long-term investment, something tells me you would've been better off stuffing your mattress.

[No coincidences]

in the last 4 years the stock market is up 57% + dividends

But that's all recovery points.

[No coincidences]

Short post, but very solid.

The minute my company stopped matching my 401(k) contribution, I pulled the plug and am now contributing the bare minimum to mine just to keep it alive (investing elsewhere). The guaranteed free money was the only constant in what has been otherwise a complete roll of the dice.

[milwaukee mike]

But that's all recovery points.

true, recovery points for money that was already sitting there. but if you kept feeding the beast, the new money from the last few years has done quite well and the "old money" recovered.

the guys that panic sold near the lows in 2002 or 2008/2009 made a mistake, while the ones piling in during those times did quite well.

[No coincidences]

true, recovery points for money that was already sitting there. but if you kept feeding the beast, the new money from the last few years has done quite well and the "old money" recovered.

the guys that panic sold near the lows in 2002 or 2008/2009 made a mistake, while the ones piling in during those times did quite well.

I guess my biggest point is the "set it and forget it" people who assumed the stock market was something they could just casually invest in without education and/or monitoring are getting a lot more than they bargained for. Basically anyone who blindly put money into the market like this -- or even, say, a 529 -- from 2000 on have been taken on a wild and turbulent ride. Not exactly the steady "retirement" investment people were sold on when 401(k)'s really started to gain popularity.

[Fishhead]

I'd love to see comparisons of the stock market today vs., say, 2000 after adjustments for inflation. As a long-term investment, something tells me you would've been better off stuffing your mattress.

Since 1960 it has been proven farmland a better investment than stocks................................

[str]

I've never been a stocks guy, but certainly do understand the value in matching funds. Really happy to hear that some of you guys have done well. I have always advised those not willing to put the time into stocks to only contribute up to the match amount.

All other monies for me, and because of where I live in the USA go into Real Estate. While that won't work for some, it is fabulous in Wash. D.C. and close, certain, suburbs.

[Fishhead]

I'd love to see comparisons of the stock market today vs., say, 2000 after adjustments for inflation. As a long-term investment, something tells me you would've been better off stuffing your mattress.

The stock market has done crap since 2000

Farmland that sold for 2800 an acre in the year 2000 is worth over 14000 an acre now...................so just in the past 12 years, there has been a HUGE difference between cropland and stocks.

[Emily_Haines]

in the last 4 years the stock market is up 57% + dividends

with 401(k) match + tax savings, money stuck into a retirement account has been doing quite well lately. i've been right with you on commodities, sooner or later that could end badly for those getting in now

at you guys that say this. Totally ignoring the fact that it was down 50% the previous three years before this run. Only has gone up due to bail outs and low interest rates. Throw in the fact inflation has gone up 50% the last four years and your buying power is the same. With Obama's new tax on capital gains and dividends and now you have lost.

[No coincidences]

at you guys that say this. Totally ignoring the fact that it was down 50% the previous three years before this run. Only has gone up due to bail outs and low interest rates. Throw in the fact inflation has gone up 50% the last four years and your buying power is the same. With Obama's new tax on capital gains and dividends and now you have lost.

Much better off pulling the plug on your investment, paying a huge penalty and sinking "$3 million" in Alabama -13. Will you be my financial adviser?

[5mike5]

speaker of the house



how embarrassing

[wantitall4moi]

sports betting is still a better investment than anything if you have the right mentality for it.

[CanuckG]

sports betting is still a better investment than anything if you have the right mentality for it.

[wantitall4moi]

buying back in baseball even with bad leads will get you 1-2% a day every day. The only limitation on it are the limits you are able to bet at. But if you can get 50K in action a day you can, even with bad days, make an average of 600-1000 a day for 6 months. A bad year youre going to double your bankroll, an average year you triple it, and a good hear you quadruple it.

[InTheDrink]

Sharp post

sharper post

[Dan Kelly]

I posted this in another thread; The players are the victim and trust SBR to steer them away from dangerous books. We failed miserably. In hindsight the warning signs were even right in front of us.

SBR dropped the ball and I'm extremely unhappy with those employed and trusted to manage this area of the company. BI was our smallest forum sponsor and never should have been allowed to be in a position to damage our reputation. We don't need these books and I don't want them. SBR was greedy and turned a blind eye to the reckless bookmaking policies and instead over valued their CS. I'm as equally at fault if not moreso for not asking questions until last Sunday.

John, You can make a bad situation a bit less bad if you can take what you missed with BI and use that to not miss the next one.

Here is one to follow - SZYM, they have a process for making biodiesel from algae that just surpassed it's pilot program and they are partnering with some big names that have equity stakes. It bounced off a bottom recently, buy it on any dip - you can sell calls with a ton of premium against it - and hang on for the ride. Emergency exit is mid 6's, upside is truly unlimited.

SBR may have messed up, but any gambler knows you can't get em all right. Keep on keeping on.
Thanks for all you do

[TheCentaur]

buying back in baseball even with bad leads will get you 1-2% a day every day. The only limitation on it are the limits you are able to bet at. But if you can get 50K in action a day you can, even with bad days, make an average of 600-1000 a day for 6 months. A bad year youre going to double your bankroll, an average year you triple it, and a good hear you quadruple it.

Care to elaborate?

[Sam Odom]

BLM will one day 'own' all farm land inside USA

[Sam Odom]

I posted this in another thread; The players are the victim and trust SBR to steer them away from dangerous books. We failed miserably. In hindsight the warning signs were even right in front of us.

SBR dropped the ball and I'm extremely unhappy with those employed and trusted to manage this area of the company. BI was our smallest forum sponsor and never should have been allowed to be in a position to damage our reputation. We don't need these books and I don't want them. SBR was greedy and turned a blind eye to the reckless bookmaking policies and instead over valued their CS. I'm as equally at fault if not moreso for not asking questions until last Sunday.

Man-Up John... You are 100% responsible

[TheMoneyShot]

buying back in baseball even with bad leads will get you 1-2% a day every day. The only limitation on it are the limits you are able to bet at. But if you can get 50K in action a day you can, even with bad days, make an average of 600-1000 a day for 6 months. A bad year youre going to double your bankroll, an average year you triple it, and a good hear you quadruple it.

If you aren't a US Resident... Yes.
If you are... No.

[wantitall4moi]

If you aren't a US Resident... Yes.
If you are... No.

if you are serious about it you can bet anywhere still even in the US.

[pavyracer]

I posted this in another thread; The players are the victim and trust SBR to steer them away from dangerous books. We failed miserably. In hindsight the warning signs were even right in front of us.

SBR dropped the ball and I'm extremely unhappy with those employed and trusted to manage this area of the company. BI was our smallest forum sponsor and never should have been allowed to be in a position to damage our reputation. We don't need these books and I don't want them. SBR was greedy and turned a blind eye to the reckless bookmaking policies and instead over valued their CS. I'm as equally at fault if not moreso for not asking questions until last Sunday.

Why would you ask questions? Isn't it a conflict of interest to be receiving money from a book on players deposits? The more they stayed in business them more money you make. So the average poster thinks that even if you knew you had no motive to stop it.

[kfranz31]

john...whether the mayans were right or not...we have a brand new year coming up.....a fresh new start..and a another year of mistakes tp be learned from.......have a great christmas and a safe new year and a better 2013

[SBR_John]

john...whether the mayans were right or not...we have a brand new year coming up.....a fresh new start..and a another year of mistakes tp be learned from.......have a great christmas and a safe new year and a better 2013

Thank you...same to you and your family.

[SBR_John]

Why would you ask questions? Isn't it a conflict of interest to be receiving money from a book on players deposits? The more they stayed in business them more money you make. So the average poster thinks that even if you knew you had no motive to stop it.

No one in this industry has been paid on deposits in 10 years. We were stiffed in the end just like everyone except we deserve it.

[paranoyd androyd]

Been kind of a tough week.

surely you jest

[dj_destroyer]

I hope the market tanks so I can dump back in...

Sharp as fukk... I made the most money I ever have in my life during the Fall of 2008/Winter 09

I just wait for everyone until everyone is cursing the stock market... then I know to jump in.

[Fishhead]

Sharp as fukk... I made the most money I ever have in my life during the Fall of 2008/Winter 09

I just wait for everyone until everyone is cursing the stock market... then I know to jump in.

Sure, how easy.

[No coincidences]

Sure, how easy.

I'm sure these guys are the first to think of this concept.

[wantitall4moi]

buy low sell high? never heard of it. Is it on Wikipedia?

[Inkwell77]

I posted this in another thread; The players are the victim and trust SBR to steer them away from dangerous books. We failed miserably. In hindsight the warning signs were even right in front of us.

SBR dropped the ball and I'm extremely unhappy with those employed and trusted to manage this area of the company. BI was our smallest forum sponsor and never should have been allowed to be in a position to damage our reputation. We don't need these books and I don't want them. SBR was greedy and turned a blind eye to the reckless bookmaking policies and instead over valued their CS. I'm as equally at fault if not moreso for not asking questions until last Sunday.

lol

So who's decision was it to not report on the arrest of the financial backer?

Because if you didn't know he was arrested you are a liar (because SBR claimed they knew the backer)......
If you knew he was arrested and chose not to report it you essentially covered the story up......

Which is it?

Also, this all took place more than a week ago

lol

[SBR_John]

I did not know he was arrested so I guess I'm a liar.