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Old September 29th, 2008, 06:11 PM   #1
Chiefwoohaw
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Is it time to take Grandma's advice???

Who's pulling all their money out ofthe market and burying it in their backyard or mattress??

I for one don't know what I should do next. I was thinking about switching everything into forigen markets (just delay the pain) . . . or burying it in the yard.
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Old September 29th, 2008, 06:12 PM   #2
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I dont know about taking out, but for sure not putting any more in right now!!
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Old September 29th, 2008, 06:16 PM   #3
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Maybe just switch it to gold or Freekin Euro's because the USA$$ is not looking so hott.
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Old September 29th, 2008, 06:17 PM   #4
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foreign funds in our 401k's are performing just as poorly as everything else right now. We just shuffled everything into Bond funds for a bit so at to slow our bleeding.
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Old September 29th, 2008, 06:17 PM   #5
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if you think the market is going to go down in value, do yourself a favor and leave the money in an FDIC insured institution, or buy gold
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Old September 29th, 2008, 06:20 PM   #6
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invest it in guns and ammo. seriously, in the last 8 years guns and ammo have more than doubled in value. on a side note, if the economy does hit rock bottom, try using that mayonnaise jar full of greenback to hunt for food.
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Old September 29th, 2008, 06:23 PM   #7
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invest it in guns and ammo. seriously, in the last 8 years guns and ammo have more than doubled in value. on a side note, if the economy does hit rock bottom, try using that mayonnaise jar full of greenback to hunt for food.
ammo costs have gone up due to the war that is not going on right now.
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Old September 29th, 2008, 06:26 PM   #8
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ammo costs have gone up due to the war that is not going on right now.
and the increased cost of the metal used to make them. as of right now i can sell the beat up Chinese sks's i bought at yard sales and pawnshops for 200$$ and up. i paid well under 100 each for them. this is just one example of the rising prices of firearms.
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Old September 29th, 2008, 06:27 PM   #9
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if you think the market is going to go down in value, do yourself a favor and leave the money in an FDIC insured institution, or buy gold
Why would I put money into an FDIC insured institution when the $$ will worthless after the fed has to print money (that isn't backed by a damn thing) to pay the insurance when the banks fail.

Yes, GOld . . . GOOOOLLLDDDD!!!
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Old September 29th, 2008, 06:30 PM   #10
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Why would I put money into an FDIC insured institution when the $$ will worthless after the fed has to print money (that isn't backed by a damn thing) to pay the insurance when the banks fail.

Yes, GOld . . . GOOOOLLLDDDD!!!
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Old September 29th, 2008, 07:23 PM   #11
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if you think the market is going to go down in value, do yourself a favor and leave the money in an FDIC insured institution, or buy gold
If you think the market is going down grow a set of balls and play it on the short side.

If your a dumb ass that has a broker telling you what to do, then watch your money dwindle away in losses, stops, and the all so wonderful trade comission.
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Old September 29th, 2008, 07:25 PM   #12
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gunns ammo and gold the only way to trade no money lost for me but im a crazy conspircey theorist who laughing now
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Old September 29th, 2008, 08:47 PM   #13
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For some reason, I'm not as attracted to my trust fund baby wife any more.
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Old September 29th, 2008, 09:45 PM   #14
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Glad I invested all my money in Beanie Babies and Pokemon cards, my investments have been worthless for years so I not getting hit at all.
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Old September 29th, 2008, 11:09 PM   #15
Nuggets
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Most of my assets are in real estate. Since I'm selling some properties right now, I'm taking a spanking.
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Old September 29th, 2008, 11:41 PM   #16
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anyone know if Roth IRA's are paying decent? I have money in my 403b at work and its takeing a helluva hit. thinking about sending them into a roth.
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Old September 30th, 2008, 05:41 AM   #17
BlooMule
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anyone know if Roth IRA's are paying decent? I have money in my 403b at work and its takeing a helluva hit. thinking about sending them into a roth.
Nope, everythings taking a hit. Best bet is pull out all your money and invest it in AR-15's or something

Oh, and don't forget to shoot your neighbors before they shoot you. Just cuz you're paranoid doesn't mean they're NOT out to get you......
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Old September 30th, 2008, 07:39 AM   #18
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Getting ready to put money IN the market...
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Old September 30th, 2008, 08:22 AM   #19
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when the fannie may shit came out I pulled all my stuff and simply placed it into a cash value money market to protect from futher loss. kart racer is right, now would be a great time to put in cash as it will only go up.
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Old September 30th, 2008, 11:06 AM   #20
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Getting ready to put money IN the market...
Smartest guy in this thread. It's the best time to buy.
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