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  • Just a thanks...

    Over the course of 2007 I liquidated 80% of my taxable holdings from the stock market (yes i'm mostly in us dollar cash but that's still doing better than stocks), and moved a significant portion of my 401k to the stable cash fund. At first, when the Dow hit 14k in October, I was feeling pretty not so great about these moves. But now, I feel that those were the right moves to make, and I'm definitely relieved and appreciative of having done this.

    These changes have protected a very significant portion of my life savings and retirement assets to this point, and now that it is fairly obvious we are in a bear stock market, or a resumption of the secular bear that started in 2000, so I just wanted to give a big thanks for the info that EJ and finster and JK and Jim and everyone else on this site have put out there for the public to read and learn from.

  • #2
    Re: Just a thanks...

    Ditto. Huge appreciation here. The information and knowledge I've picked up here(Aside from the ton that is going over my head!) is priceless. Just unfortunate I have nothing to contribute on the level as some of you guys.


    Would like to see an Itulip fund of some kind as some have had mentioned in the past.
    Last edited by rtchoke; March 11, 2008, 11:09 AM.

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    • #3
      Re: Just a thanks...

      Originally posted by rockyoyster View Post
      Ditto. Huge appreciation here. The information and knowledge I've picked up here(Aside from the ton that is going over my head!) is priceless. Just unfortunate I have nothing to contribute on the level as some of you guys.


      Would like to see an Itulip fund of some kind as some have had mentioned in the past.
      You're asking to kill the golden goose. People who manage other people's money for a profit are not as reliable when it comes to providing investment information as those who do not have a vested interest--and there may be some exceptions.

      As hard as it may be, and to me it is very difficult, the best thing I believe you can do for your future is learn as well as you can how to manage your own monies--no one else is going to respect your money as much as you should--and there might be one exception to that, but I don't know who or what it is.
      Jim 69 y/o

      "...Texans...the lowest form of white man there is." Robert Duvall, as Al Sieber, in "Geronimo." (see "Location" for examples.)

      Dedicated to the idea that all people deserve a chance for a healthy productive life. B&M Gates Fdn.

      Good judgement comes from experience; experience comes from bad judgement. Unknown.

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      • #4
        Re: Just a thanks...

        Originally posted by Jim Nickerson View Post
        You're asking to kill the golden goose. People who manage other people's money for a profit are not as reliable when it comes to providing investment information as those who do not have a vested interest--and there may be some exceptions.

        As hard as it may be, and to me it is very difficult, the best thing I believe you can do for your future is learn as well as you can how to manage your own monies--no one else is going to respect your money as much as you should--and there might be one exception to that, but I don't know who or what it is.
        here, here. no fund. stay neutral.

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        • #5
          Re: Just a thanks...

          Conflict of interest is a terrible thing. I can hardly expect anyone else to resist temptation if I myself would lean that way.

          That's why I'm not taking any percentage in the investments I source into other countries - just a executive management position in the holding company.

          My only gain, should I ever devolve doing it, will be to jump into the actual financial industry as a fund manager based on these pedigree entries.

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