Dow Jones at an all time high

[slow99]

Genuflect to aggie97.

That's great but you are going to have a damn hard time finding a way to "buy anything Low" right now to eventually "sell high" later. All you can do at this point, unless you are heavily into A+ Muni bonds, is to lose. Pull your value, sit on the cash or tangible asset, and wait for the SHTF. Then start your cycle again like you have. Riding this train any longer, especially past May 1st is a losing situation. The market has plateau'd and is ripe for a crash due to WAY TOO MANY factors. Don't ride it down and end up negative at the end of the year. 2008/2009 should have taught people something but apparently didn't given the news hype.

That's all fine if you're day trading and lose your house because you make one bad pick. I've got over 20 years before I cash out, it can easily survive a few hits and will always bounce back, especially the sector I am heavily invested in. That's the nice thing about having long term holdings.

[aggie97]

Mine has given me a 19% return since the inception of the account. Seems like a pretty good place to me.

That's great but you are going to have a damn hard time finding a way to "buy anything Low" right now to eventually "sell high" later. All you can do at this point, unless you are heavily into A+ Muni bonds, is to lose. Pull your value, sit on the cash or tangible asset, and wait for the SHTF. Then start your cycle again like you have. Riding this train any longer, especially past May 1st is a losing situation. The market has plateau'd and is ripe for a crash due to WAY TOO MANY factors. Don't ride it down and end up negative at the end of the year. 2008/2009 should have taught people something but apparently didn't given the news hype.

if you have wealth or assets of any kind....you best damn well protect it the best you can and leaving it in the stock market is the WORST place for it.

Mine has given me a 19% return since the inception of the account. Seems like a pretty good place to me.

[slow99]

^^^ what he said!!

[aggie97]

if you have wealth or assets of any kind....you best damn well protect it the best you can and leaving it in the stock market is the WORST place for it.

[inline 6]

Da fuq is a 401k?

[Lone Sailor]

More on this Big 5 ...

BP
Shell
ConocoPhillips
ExxonMobil
Chevron

[Roscoe]

More on this Big 5 ...

PWC, KPMG, Accenture, Deloitte, and............................................. Arthur Anderson?

[Captain Crawfish]

choppy waters ahead.

[Nash B.]

More on this Big 5 ...

Exxon, Chevron, 7-Eleven, QuikTrip, and Shell

[Captain Crawfish]

bens print machine has pumped the market nicely. when the music stops make sure you get a chair

[slow99]

Do not question their right to earn a profit as a business. Obama and his cronies frown upon those that question the profits of big oil. For the rest of us, we know they're just getting their palms greased while giving the Big 5 unrealistic tax breaks year after year.

More on this Big 5 ...

[Lone Sailor]

Why not talk about $3.65 gas that REALLY affects everyone? Deep down, it's killing Owe-bama, and that's whty he's trying to figure out a way to get my IRA's. It's funny how the rich get richer, huh? The "have not's" don't have any money invested. The only people benefitting from a higher market are the people that already have money invested.

Do not question their right to earn a profit as a business. Obama and his cronies frown upon those that question the profits of big oil. For the rest of us, we know they're just getting their palms greased while giving the Big 5 unrealistic tax breaks year after year.

[shumpertdavid]

I'd like to see Cisco go up about $ .80 more so I can sell sell sell, then I need the market to crash so I can dump a bunch of my cash fund into it and continue building my hope of a retirement. Aside from that, it's all too high for me to want to buy, the stuff I would like to sell isn't as high as I'd like, and I've got a small chunk of cash (not remotely close to baller status by any means) sitting in the money market drawing so little interest I can't afford a McDouble off the interest paid in a year.