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Tue Jan 22, 2013, 04:21 PM

Stock market hits new hight? No one in the MSM seems to want to talk about it?

FOX "News" pundits seem almost ready to cry. Cauvoto looks sick.

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Reply Stock market hits new hight? No one in the MSM seems to want to talk about it? (Original post)
kelliekat44 Jan 2013 OP
99Forever Jan 2013 #1
Semi_subversive Jan 2013 #2
Kolesar Jan 2013 #6
A HERETIC I AM Jan 2013 #8
Kolesar Jan 2013 #11
1StrongBlackMan Jan 2013 #3
99Forever Jan 2013 #9
1StrongBlackMan Jan 2013 #14
99Forever Jan 2013 #15
1StrongBlackMan Jan 2013 #16
kelliekat44 Jan 2013 #4
Cirque du So-What Jan 2013 #5
onenote Jan 2013 #7
A HERETIC I AM Jan 2013 #13
Beaverhausen Jan 2013 #10
Berlum Jan 2013 #12
former9thward Jan 2013 #17

Response to kelliekat44 (Original post)

Tue Jan 22, 2013, 04:23 PM

1. YAY!

The rich guys got richer.

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Response to 99Forever (Reply #1)

Tue Jan 22, 2013, 04:30 PM

2. Or the 457 and 401k plans

of this middle-income civil servant who's retiring in three months!

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Response to Semi_subversive (Reply #2)

Tue Jan 22, 2013, 04:42 PM

6. I am shifting to inflation protected products

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

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Response to Kolesar (Reply #6)

Tue Jan 22, 2013, 04:50 PM

8. Make sure you understand COMPLETELY how they work before you do that.

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

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Response to A HERETIC I AM (Reply #8)

Tue Jan 22, 2013, 04:57 PM

11. Zvi Bodie and Rachelle Taqqu: Risk Less and Prosper: Your Guide to Safer Investing

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.

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Response to 99Forever (Reply #1)

Tue Jan 22, 2013, 04:31 PM

3. And so did this not so rich guy's ...

retirement account.

Just saying.

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Response to 1StrongBlackMan (Reply #3)

Tue Jan 22, 2013, 04:55 PM

9. Back when I had a job...

.. and a retirement account it might have made a difference to me.

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Response to 99Forever (Reply #9)

Tue Jan 22, 2013, 05:11 PM

14. So it's all about ...

"What about me?"

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

I wish you well.

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Response to 1StrongBlackMan (Reply #14)

Tue Jan 22, 2013, 05:14 PM

15. Hmmm...

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

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Response to 99Forever (Reply #15)

Tue Jan 22, 2013, 05:21 PM

16. Okay ...

I wish you well in the coming year.

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Response to 99Forever (Reply #1)

Tue Jan 22, 2013, 04:31 PM

4. But they can't enjoy it because Obama is President. Just makes them angry they have so much money.

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Response to 99Forever (Reply #1)

Tue Jan 22, 2013, 04:31 PM

5. Not quite the point

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.

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Response to kelliekat44 (Original post)

Tue Jan 22, 2013, 04:45 PM

7. I saw it reported online. Plus, it hit a five year high last Friday as well.

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.

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Response to onenote (Reply #7)

Tue Jan 22, 2013, 04:59 PM

13. The all time high closing was 14,164.53 on October 9, 2007......

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

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Response to kelliekat44 (Original post)

Tue Jan 22, 2013, 04:56 PM

10. Obama is the worst socialist ever!

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Response to kelliekat44 (Original post)

Tue Jan 22, 2013, 04:57 PM

12. Democrats = Economic prosperity. As usual.

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

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Response to kelliekat44 (Original post)

Tue Jan 22, 2013, 05:25 PM

17. The stock market has not hit a new "hight" or high.

Not sure what your reference is.

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