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08-04-2011, 03:38 PM
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#1 |
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Have My Own Room
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Re: The I was dumb enough to look at my investments today support thre
Interesting numbers - corporations turning profits, unemployment up, government broke someone is making money somewhere.
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08-04-2011, 03:42 PM
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#2 |
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BR549
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Re: The I was dumb enough to look at my investments today support thre
When I get old and broke down, I'm gonna call rescue for the slightest thing and use the ER as my primary doctor. hahah, cause that's what I haul to the ER mostly on my job.
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08-04-2011, 03:49 PM
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#3 |
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Adjusting to the Life
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Re: The I was dumb enough to look at my investments today support thre
Funny thread how I just got back from looking at an investment property. As far as stocks go lets just say I'm kicking butt and taking names the past few months investing in mining stocks
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08-05-2011, 01:01 AM
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#4 |
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ex-CS Swamp Gorilla
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Re: The I was dumb enough to look at my investments today support thre
Hello rental property....seems to be the only thing these days I can make money on after investing in.
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Back in black, and better than ever! You can't keep a good gorilla down! LSU Geaux Tigers! |
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08-05-2011, 08:57 AM
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#7 |
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Nerd with social skills
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Re: The I was dumb enough to look at my investments today support thre
"Never gamble with scared money" - That was the best advice dad ever gave me
 PS - I lost a fair chunk yesterday. It sucks...but oh well Posted via Mobile Device |
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08-05-2011, 04:29 PM
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#9 |
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Patriot
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Re: The I was dumb enough to look at my investments today support thre
thankfully I'm on vacation until monday and refuse to look at anything work related until I get back.
__________________
Author of  eath, Disease, and Life at War: The Civil War Letters of Surgeon James D. Benton, 111th and 98th New York Infantry Regiments, 1862-1865.
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08-05-2011, 06:33 PM
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#10 |
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Angry Packer Fan
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Re: The I was dumb enough to look at my investments today support thre
Hang on to your portfolios on Monday. This latest news certainly won't help.
S&P Downgrades US Credit Rating to AA-Plus |
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08-05-2011, 07:03 PM
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#11 |
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I'm nuts for the place
Join Date: Oct 2008
First Name: Andrew
Location: The City of BOTL-erly Love
Posts: 2,684
Trading: (73)
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Re: The I was dumb enough to look at my investments today support thre
How do you all think this will effect the real estate market (if it all)? Prices will drop further but rates will go up?
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08-06-2011, 04:33 PM
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#12 | |
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Angry Packer Fan
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Re: The I was dumb enough to look at my investments today support thre
Quote:
The price of consumer credit would be pegged less to a Treasury downgrade than it would be to bond investors' overall confidence, says Scott Hoyt, senior director of consumer economics for Moody's Analytics. Because yields -- and corresponding interest rates -- move inversely to price, rates that track shorter-term Treasuries are more likely to see a bump. Rates on car loans, which follow shorter-term rates like the two-year Treasury or LIBOR, the London Interbank Offered Rate, could go up -- but not enough to really hit consumers, says Paul Cuevas, director of auto finance at J.D. Power & Associates. Most mortgage rates, however, track the 10-year Treasury yield, which continues to fall. Adjustable rate mortgage holders could be slightly more vulnerable, because ARMs are typically tied to shorter-term interest rate movements, says Lawrence Yun, chief economist for the National Association of Realtors. For students and parents who rely on private student loans, any jump in borrowing costs for lenders would be passed on to borrowers, says Mark Kantrowitz, publisher of FinAid.org and Fastweb.com. Federal student loan rates would remain fixed. Credit card rates are pegged to the prime rate, which moves with the federal funds rate. If the prime rate goes up, consumers could be hit with credit card rate hikes, says Beverly Blair Harzog of Credit.com. Even if the rate doesn't go up, she says, card issuers spooked by a credit downgrade could raise your interest rates anywhere from 1% to 5% -- but only if you've had your card for more than a year. |
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08-06-2011, 05:12 PM
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#13 |
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Ephesians 2:8
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Re: The I was dumb enough to look at my investments today support thre
Yup- wait until Monday evening!
__________________
 God loves you so much, that he made you read this, just to let you know.
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08-08-2011, 09:15 AM
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#14 |
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Bunion
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Re: The I was dumb enough to look at my investments today support thre
__________________
I refuse to belong to any organization that would have me as a member. ~ Groucho Marx |
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08-08-2011, 02:45 PM
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#16 |
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Uncle Kitty
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Re: The I was dumb enough to look at my investments today support thre
Today was a real
 . My finacial backside hurts. Maybe it's time to start investing in cigars. Oh wait, isn't that what we've all been doing?
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"You stink like cigars Uncle Kitty!" Said my Boo age 3. "Kid, take care of your family and the hell with anyone else" My Grandpa Bubba. |
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08-08-2011, 05:21 PM
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#19 |
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Guest
Posts: n/a
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Re: The I was dumb enough to look at my investments today support thre
Bear market funds did really well today. All y'all got a lot of money in bear market funds, don'cha?
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08-08-2011, 07:53 PM
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#20 |
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Going Commando
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Re: The I was dumb enough to look at my investments today support thre
I've been in cash for a while even in my IRA (money market acct). My pension is in company stock (blue chip, AAA rated, low volatility) and my 401 is pretty balanced. OK so far although, the cash will go to work a few months from now when the market bottoms.
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"Ray when someone asks you if your a GOD you say yes." |
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