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Old December 11th, 2012, 07:37 AM   #1
Immortal
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Unhappy fiscal cliff......

So what will you spend the remaining 60% of your pay on in the new year?

........wow that really looks horrible when you type it out like that.......
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Old December 11th, 2012, 07:39 AM   #2
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Just reading it is depressing
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Old December 11th, 2012, 07:50 AM   #3
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I guess we'll just continue to be the ants in this grasshopper dominated world.
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Old December 11th, 2012, 08:11 AM   #4
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It's starting to sink it for the normal people who don't have money . . . those people are usually what drives panic when they start pulling out all of their money. Not much induvidually but when hundreds of thousands start putting their little piece of the pie into cash that was invested in the market it'll cause the down down down of the markets. I think by the end of the year the Dow will be around 11250 or so.

Last edited by Chiefwoohaw; December 11th, 2012 at 08:20 AM.
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Old December 11th, 2012, 08:46 AM   #5
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Are you stupid?
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Old December 11th, 2012, 08:55 AM   #6
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I heard that cliff diving is dangerous.
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Old December 11th, 2012, 08:56 AM   #7
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I think we can jump it.
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Old December 11th, 2012, 10:46 AM   #8
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Quote:
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Are you stupid?
No and as I talk retires out of doing what I just stated I'll answer the question again. No.
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Old December 11th, 2012, 10:51 AM   #9
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Quote:
Originally Posted by Chiefwoohaw View Post
No and as I talk retires out of doing what I just stated I'll answer the question again. No.
What?!
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Old December 11th, 2012, 11:09 AM   #10
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What?!
Folks are cashing in on capital gains which will lower the market but are also freaking out and doing roth conversions into cash to take the tax hit now and stay in cash because they are stupid with fear . . . which will lower the markets.


I believe we'll be going over and ballers like Immortal will have to pay 40+% to feed his fellow wild animals in Detroit amoung other wellfare receipents and countries we give aid to.
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Old December 11th, 2012, 11:29 AM   #11
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Hello? Recession 2013! Regardless of those that are smart enough to do what it takes to stay ahead investment wise.

There is going to be job loss. There is going to be higher income tax. Most of us will be fine, but pissed about the increase in taxes.

Unless of course the government extends the tax break at the 11th hour
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Old December 11th, 2012, 04:23 PM   #12
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Weh Weh Weh.

I'm so glad I'm broke, I won't even know the difference.
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Old December 13th, 2012, 08:42 AM   #13
Stan
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While this "fiscal cliff" is an issue, everyone should care more about the QE Forever that was announced.
This will effect EVERYONE, rich or poor. The poor will feel the hurt much more.

It's pretty sad how many people have a 'deer in the headlights' look when talking about the real damage of money printing.
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Old December 13th, 2012, 08:44 AM   #14
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Quote:
Originally Posted by Stan View Post
While this "fiscal cliff" is an issue, everyone should care more about the QE Forever that was announced.
This will effect EVERYONE, rich or poor. The poor will feel the hurt much more.

It's pretty sad how many people have a 'deer in the headlights' look when talking about the real damage of money printing.
Truth
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