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Someone dipping into the 401K?

 
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HellComputer
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Joined: 16 Feb 2006
Posts: 222

PostPosted: Fri Mar 07, 2008 5:13 am    Post subject: Someone dipping into the 401K? Reply with quote

How can the stable value fund actually drop in value? What are they up to now? You should check your funds daily folks..... a little here, a little there...
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HellComputer
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Joined: 16 Feb 2006
Posts: 222

PostPosted: Fri Mar 07, 2008 7:58 am    Post subject: Re: Someone dipping into the 401K? Reply with quote

HellComputer wrote:
How can the stable value fund actually drop in value? What are they up to now? You should check your funds daily folks..... a little here, a little there...

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Short_DELL
Hates with a Vengance


Joined: 15 Jan 2006
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PostPosted: Sun Mar 09, 2008 4:04 pm    Post subject: Reply with quote

The 'Stable Value Fund' is not guaranteed to be stable. The problem is there are backing securities. Right now, most Stable Value Funds have some percentage of the money in MBS's (Mortgage Backed Securities). Have you heard of the sub-prime crisis? Have you heard what has happened to the bond market?

Just about nothing is safe right now.
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keptman
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Joined: 21 Jun 2007
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PostPosted: Mon Mar 10, 2008 6:59 pm    Post subject: Reply with quote

what mortgage crisis? only people who were given mortgages they couldn't afford to have in the first place are those in crisis. let me repeat myself, there is no mortgage crisis. do you even know what percentage the subprime mortgages represented as a whole to the etire mortage section? as for what has happened to bonds, again, you're on crack. the bonds the government issues may not be paying much, but have you looked in the private sector? of course you haven't because if you had, you'd notice there is no problem here either. many solid companies are offering 5% on bond issues. nothing is safe right now? boy, what a pansy. solid companies right now represent one of the choicest buying oportunities that we've had in years. look outside of Dell. Cisco has returned fabulous earnings over the last 12 months. Duke Power, McDonalds, DuPont, Wal-Mart, Oracle, Disney, and even the likes of Fifth Third Bank. yes, i said over the last 12 months. you know why? no you don't. so i'll tell you. a single quarter does not a company make or break. if you are investing only for the short term, you are a fool. always invest for the long haul. always, i mean always do research before investing in any company. I'm making money in this market. why aren't you? yes, things are taking a beating. do you realize that Fifth Third did NOT get into the sub prime mortgages and even went so far as to let go the person who suggested that they do??? Don't compare what dell does or what dell offers to the rest of us. dell has a poor offering in their 401k options. that's why your returns suck.
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HellComputer
Dances with Hate


Joined: 16 Feb 2006
Posts: 222

PostPosted: Mon Mar 10, 2008 9:37 pm    Post subject: Reply with quote

Actually, my stable value fund has been quite regular, going up a few bucks every day. Like clockwork. And decent returns too. Every once in awhile though, there is a gap, usually in the amount of about a couple of days worth of normal gain, where I assume that they re removing funds to pay "overhead" or some such nonsense. Who really knows? Who monitors it?

You may be wrong about the market this time. Things are different now, very different. Baby boomers are retiring now, and they need to live on funds that they have been conned into dumping into the market for years. Not only is that flow gone, but the money is going the other way. This effect is becoming greater every year. With oil prices out of check, the economy will go down like the Hindenburg. Other than flat panel TVs, there is nothing like the PC to boom the economy. Let’s face it, the Iphone isn’t going to change the world, and the Bush cash giveaway? Nope. Business cycles like this don’t turn around till all the stuff everyone has wears out and they go out to buy some good old American produced goods. Oh, never mind, there aren’t any of those anymore either. If you are feeling sick about this, just go on down to the doctor (with some $4.00 gas) and get yourself a $150 visit and a $30 prescription for some meds…. Don’t worry about paying for it, your insurance company will chip in after you hire a lawyer to sue them.
.
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Short_DELL
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Joined: 15 Jan 2006
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PostPosted: Tue Mar 11, 2008 8:51 pm    Post subject: Reply with quote

keptman wrote:
what mortgage crisis? only people who were given mortgages they couldn't afford to have in the first place are those in crisis. let me repeat myself, there is no mortgage crisis. do you even know what percentage the subprime mortgages represented as a whole to the etire mortage section? as for what has happened to bonds, again, you're on crack....


Wow! You really don't understand the deleveraging that is going on.

Let me explain it a different way. The big banks have lost at least $200 billion because of the sub-prime defaults. The banks average a 10x lending on their reserves. The Chief Economists at Goldman Sachs and Morgan Stanley have both said because of this there will be a $2 trillion credit contraction this year. The US has a $14 trillion economy.

Lets do some simple math. When you subtract $2 trillion off of $14 trillion, what do you get? (the answer is a deep recession!)
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keptman
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Joined: 21 Jun 2007
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PostPosted: Tue Mar 11, 2008 10:39 pm    Post subject: Reply with quote

and you are one of those assholes who really think there are WMD in Iraq or that we're in a recession. you fool. goldman succs is under investigation you jackass. and morgan stanely people don't know their own ass from a hole in the ground. let's face it, you are broke, and you are looking for someone or something to blame. i however am NOT broke. My investments are doing just fine. there's this person i've followed for more years than you've been wiping your own ass, and that would be Warren Buffet. perhaps, well, no, i'm sure you haven't heard of him. only someone who is a free thinker and educated would know who he is. but let me spell it out for you, he is THE richest man in the world. you know how he got there? investments. knowing what to buy and when to buy. you may wish to read up on him, or better yet, there's this station called CNBC that interviews him quite often. he too says there is no crisis for the banks who followed their gut and didn't lend to people who couldn't pay them back. he says that according to the definition of recession, we're not in one. we haven't been 6 CONSECUTIVE months downward. that's not his or my words, that's the defintion according to the Fed. again, you're broke, you want to blame someone or something and you're following only the other chicken little's who are saying the sky is falling. the whole time, i'm making money off you fools. and i'm the one laughing literally, all the way to the bank.
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Rocke_T_Sinetist
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Joined: 26 Aug 2005
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PostPosted: Wed Mar 12, 2008 9:56 am    Post subject: Reply with quote

Gentlemen, let's not allow our tone degenerate into namecalling.

Forum policy is, attack issues, not each other.

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hotrodlincoln
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PostPosted: Wed Mar 12, 2008 11:25 am    Post subject: Since you mention Warren Buffet Reply with quote

keptman wrote:
and you are one of those assholes who really think there are WMD in Iraq or that we're in a recession. you fool. goldman succs is under investigation you jackass. and morgan stanely people don't know their own ass from a hole in the ground. let's face it, you are broke, and you are looking for someone or something to blame. i however am NOT broke. My investments are doing just fine. there's this person i've followed for more years than you've been wiping your own ass, and that would be Warren Buffet. perhaps, well, no, i'm sure you haven't heard of him. only someone who is a free thinker and educated would know who he is. but let me spell it out for you, he is THE richest man in the world. you know how he got there? investments. knowing what to buy and when to buy. you may wish to read up on him, or better yet, there's this station called CNBC that interviews him quite often. he too says there is no crisis for the banks who followed their gut and didn't lend to people who couldn't pay them back. he says that according to the definition of recession, we're not in one. we haven't been 6 CONSECUTIVE months downward. that's not his or my words, that's the defintion according to the Fed. again, you're broke, you want to blame someone or something and you're following only the other chicken little's who are saying the sky is falling. the whole time, i'm making money off you fools. and i'm the one laughing literally, all the way to the bank.


Since you mention Warren Buffet, perhaps you've read or heard recently that he said that America is in a recession right now? Yet you imply that we're not because ... ? Because you're investments are doing okay?

Let's see, either we're not in a recession because some anonymous poster in IHateDell says we're not, or we are in a recession because Warren Buffet says that we are.

I think I'll go with Mr. Buffet's opinion.
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