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Reply #37: There are plenty of people who are retired trying to live off their 401k and IRA right now. [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
berni_mccoy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 07:46 AM
Response to Reply #26
37. There are plenty of people who are retired trying to live off their 401k and IRA right now.
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  -Americablog - You just lost 7% of your retirement gmudem  Sep-29-08 09:20 PM   #0 
  - In one day. with no bailout, today will be remembered as "the good old days"  scheming daemons   Sep-29-08 09:21 PM   #1 
  - The Democrats must retry to pass the bill ASAP.  PM Martin   Sep-29-08 09:23 PM   #3 
  - I'm terrible at math. What's 7% of jack shit?  Mojambo   Sep-29-08 09:23 PM   #2 
  - DING DING DING!!!! n/t  Union Thug   Sep-29-08 09:31 PM   #10 
  - That's just wrong  democrat2thecore   Sep-29-08 09:24 PM   #4 
  - "Well-managed" funds often do worse than indexes that simply mirror the market.  zlt234   Sep-29-08 09:34 PM   #13 
  - Go ahead and give us the ticker symbols to some of your "well managed funds"  high density   Sep-29-08 09:45 PM   #18 
     - Index funds took a major blow today - they mirror the market! -nt  democrat2thecore   Sep-29-08 11:14 PM   #35 
        - Yes, you are the master of the obvious  high density   Sep-30-08 07:25 AM   #36 
  - Not if you bought bonds, or Euros, or precious metals with your 401K, you didn't.  TexasObserver   Sep-29-08 09:24 PM   #5 
  - repeat, over and over  NEDem   Sep-29-08 09:25 PM   #6 
  - The stock market is not guaranteed against losses..  girl gone mad   Sep-29-08 10:29 PM   #30 
     - Or master options to hedge their investments. n/t  casus belli   Sep-29-08 10:47 PM   #34 
  - But leaving it there, it can be built back again another day  treestar   Sep-29-08 09:26 PM   #7 
  - ...and passage of the bill would have resulted in a 10% loss...  MercutioATC   Sep-29-08 09:28 PM   #8 
  - You're misunderstanding the $700B. It is not thrown into a black hole... it is buying assets.  scheming daemons   Sep-29-08 09:32 PM   #11 
     - On somebody's planet, yes.  MercutioATC   Sep-29-08 09:42 PM   #17 
     - Even with a 20% loss, that is not the 100% you claim in your prior post.  joeglow3   Sep-30-08 07:52 AM   #39 
     - BWA HA HA HA HA HA !!! Come on...buying assets???  Roland99   Sep-29-08 09:46 PM   #19 
     - It might be a black hole.  girl gone mad   Sep-29-08 10:36 PM   #31 
  - Um, what retirement, americablog? I'll never see 'retirement.'  Union Thug   Sep-29-08 09:30 PM   #9 
  - Has this really caused people like you to turn into people who don't care about others' misfortunes?  zlt234   Sep-29-08 09:39 PM   #15 
     - I have no sympathy for anyone who ...  Union Thug   Sep-29-08 10:09 PM   #27 
        - self delete  NEDem   Sep-29-08 10:12 PM   #28 
  - Mine keeps going up.  AZBlue   Sep-29-08 09:33 PM   #12 
  - What do you invest in? NT  Eric J in MN   Sep-29-08 09:58 PM   #25 
  - Huh?  high density   Sep-29-08 09:38 PM   #14 
  - You have the proof that "Americablog" is 100% vested in a Dow Jones index?  Roland99   Sep-29-08 09:39 PM   #16 
  - 7% of nothing is nothing!!!!!!!!! Does that make me rich????????  NoSheep   Sep-29-08 09:47 PM   #20 
  - More likely, it makes you a moron  NoPasaran   Sep-30-08 07:49 AM   #38 
  - Awwwwwwwwwww. The "haves" don't have as much as they used to have.  NoSheep   Sep-29-08 09:51 PM   #21 
  - If you're close to retirement  ibegurpard   Sep-29-08 09:53 PM   #22 
  - I can't touch my 401K for another eight years  Yo_Mama_Been_Loggin   Sep-29-08 09:55 PM   #23 
  - Stocks are supposed to go up and down.  Eric J in MN   Sep-29-08 09:56 PM   #24 
  - Thanks, Eric. For 'long term' investors, they might have lost nothing.  babylonsister   Sep-29-08 10:14 PM   #29 
  - Exactly.  girl gone mad   Sep-29-08 10:42 PM   #33 
  - Actually, I just got a  MSU_Spartans   Sep-29-08 10:04 PM   #26 
  - There are plenty of people who are retired trying to live off their 401k and IRA right now.  berni_mccoy   Sep-30-08 07:46 AM   #37 
  - Perfect solution!  GoesTo11   Sep-29-08 10:41 PM   #32 
 

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