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Stock market hits new hight? No one in the MSM seems to want to talk about it? (Original Post) kelliekat44 Jan 2013 OP
YAY! 99Forever Jan 2013 #1
Or the 457 and 401k plans Semi_subversive Jan 2013 #2
I am shifting to inflation protected products Kolesar Jan 2013 #6
Make sure you understand COMPLETELY how they work before you do that. A HERETIC I AM Jan 2013 #8
Zvi Bodie and Rachelle Taqqu: Risk Less and Prosper: Your Guide to Safer Investing Kolesar Jan 2013 #11
And so did this not so rich guy's ... 1StrongBlackMan Jan 2013 #3
Back when I had a job... 99Forever Jan 2013 #9
So it's all about ... 1StrongBlackMan Jan 2013 #14
Hmmm... 99Forever Jan 2013 #15
Okay ... 1StrongBlackMan Jan 2013 #16
But they can't enjoy it because Obama is President. Just makes them angry they have so much money. kelliekat44 Jan 2013 #4
Not quite the point Cirque du So-What Jan 2013 #5
I saw it reported online. Plus, it hit a five year high last Friday as well. onenote Jan 2013 #7
The all time high closing was 14,164.53 on October 9, 2007...... A HERETIC I AM Jan 2013 #13
Obama is the worst socialist ever! Beaverhausen Jan 2013 #10
Democrats = Economic prosperity. As usual. Berlum Jan 2013 #12
The stock market has not hit a new "hight" or high. former9thward Jan 2013 #17

Kolesar

(31,182 posts)
6. I am shifting to inflation protected products
Tue Jan 22, 2013, 05:42 PM
Jan 2013

Federal I-bonds and eventually inflation indexed treasury notes
There are mutual funds that do that, too.

A HERETIC I AM

(24,320 posts)
8. Make sure you understand COMPLETELY how they work before you do that.
Tue Jan 22, 2013, 05:50 PM
Jan 2013

Inflation protected Treasuries have pitfalls, just like any other investment.

Kolesar

(31,182 posts)
11. Zvi Bodie and Rachelle Taqqu: Risk Less and Prosper: Your Guide to Safer Investing
Tue Jan 22, 2013, 05:57 PM
Jan 2013

le, this practical guide skillfully explains why personal investing is all about you—your goals, your values and your career path. It shows how to understand investment risk and choose the particular blend of risk and safety that is right for you. And it lays out several simple yet powerful ways for small investors to cast a reliable safety net to achieve their financial goals and truly prosper. Coauthors Bodie and Taqqu challenge the myth that all investments require risk, then highlight some important risks that families often disregard when deciding where to put their money. Later, they connect the dots between investment and investor, showing us all how to grasp our own investment risk profiles and how we may use these insights to make more fitting investment choices.

Outlines a straightforward way to invest by aligning your investments with your goals and the risk levels you can bear
Provides basic investment abc's for readers who are otherwise literate
Lays out a simple, actionable plan for achieving your goals
Explains the role of risk-free assets and investment insurance in assuring that you reach your most essential goals
Contrary to popular belief, investing doesn't have to be complicated. You can build wealth without taking great risks. Risk Less and Prosper will show you how to make investment decisions that will make your financial life less stressful and more profitable.
***
I still need a tax lawyer to plan withdrawals and whatnot.

 

1StrongBlackMan

(31,849 posts)
14. So it's all about ...
Tue Jan 22, 2013, 06:11 PM
Jan 2013

"What about me?"

I empathize with your not having a job or a retirement account; but that explains alot ...

I wish you well.

99Forever

(14,524 posts)
15. Hmmm...
Tue Jan 22, 2013, 06:14 PM
Jan 2013

... yep, I'm such a selfish bastard for not celebrating the feast while trying to survive on crumbs. Shame on me.

Cirque du So-What

(25,812 posts)
5. Not quite the point
Tue Jan 22, 2013, 05:31 PM
Jan 2013

Point is the irony of 'rich guys' throwing money hand-over-fist at repugs at all levels in the government, when they make far greater profits when a Democrat is at the helm. Makes me wonder if there's some motivational factor that surpasses their greed...societal control, perhaps.

onenote

(42,381 posts)
7. I saw it reported online. Plus, it hit a five year high last Friday as well.
Tue Jan 22, 2013, 05:45 PM
Jan 2013

And if it goes up even one point tomorrow it will be another "five year high" -- at some point that description doesn't mean much. As it stands, the DJIA closed at 13625 on December 7, 2007. It topped that for the first time on Friday when it closed at 13649.7 and topped itself today when it closed at 13,712.21. The next highwater mark is 13806, the market's close on October 26, 2007. Between now and reaching that mark, its just topping itself.

Don't get me wrong, this is good. But its not top of the page headline news each time it happens.

A HERETIC I AM

(24,320 posts)
13. The all time high closing was 14,164.53 on October 9, 2007......
Tue Jan 22, 2013, 05:59 PM
Jan 2013

And it hit it's all time intra-day high on that day at 14,198.

Berlum

(7,044 posts)
12. Democrats = Economic prosperity. As usual.
Tue Jan 22, 2013, 05:57 PM
Jan 2013

Republicans = debt, depression, and Tax Breaks for Billionaires.

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