Anybody checked their 401Ks this week?

[hoosierdoc]

I put my whole 401k in AAPL. Their watch really excited me. How's it doing?

 

[Expat]

Soros: It's the 2008 crisis all over again

Looks like Soros is going to try to push the market down even further.

 

[CHCRandy]

I put my whole 401k in AAPL. Their watch really excited me. How's it doing?

No you didnt! Please tell me you are pulling our chain.......

 

[hoosierdoc]

No you didnt! Please tell me you are pulling our chain.......

Yes, chain pull

I went about five years without putting anything into retirement. I was cash flowing car purchases and paying off debt. Not quite done with student loans but time to start saving again. Last month we started funding roth401k again.

 

[GodFearinGunTotin]

Soros: It's the 2008 crisis all over again

Looks like Soros is going to try to push the market down even further.

He seems to thrive on chaos and turmoil...ever since the Nazi days.

 

[hoosierdoc]

He seems to thrive on chaos and turmoil...ever since the Nazi days.

What this means is he made huge short positions and is now going to try to drive the markets down

 

[Leadeye]

What this means is he made huge short positions and is now going to try to drive the markets down

It's how the big guys get bigger.

Always follow the money.

 

[GodFearinGunTotin]

What this means is he made huge short positions and is now going to try to drive the markets down

IIRC, this is how he crashed the Pound Sterling...and made BILLIONS.

 

[ArcadiaGP]

U.S. stocks on track for nasty day as China, oil crash - Jan. 7, 2016

 

[bwframe]

Gerri Willis - "When China gets a cold, we all feel bad."

 

[GodFearinGunTotin]

Down something like a 1000 points since somewhere around Christmas. Wonder if the Occupy Democrat memes I see on Facebook wil continue to tout the wonder job Obama has done in this regard...

 

[hoosierdoc]

It's how the big guys get bigger.

Always follow the money.

SOME big guys.

Bill Gates, Steve Jobs, Jeff Bezos, Larry Ellison, Sam Walton... they made/sold things people wanted and lifted the economy. Made hundreds of thousands of millionaires in the process.

 

[SSGSAD]

According to the report, on WISH, TV the dow, is down, around 15,777 ..... at noon .....

 

[GodFearinGunTotin]

According to the report, on WISH, TV the dow, is down, around 15,777 ..... at noon .....

Son-a-......

Yeah 15,888 as I type. It was up 250-300 yesterday. What's in the news I'm missing today?

 

[GodFearinGunTotin]

http://www.cnbc.com/2016/01/15/us-markets.html

 

[longbow]

Yep........waiting for the Dow to hit 6,000 and then I move back in.

 

[CHCRandy]

I have a stock market game I play in. I joined a new game last week and we started with $100,000.....3 days later I was down to $70,000 and the guy leading our game had $300,000!! He made $200,000 in a down market. I searched the internet and found him...he is an investment broker for TDAmeritrade.

If any of you guys are interested in playing the game.....let me know and I will start one for INGO members. I have found it to be good practice for me.......I learn a lot about the market by playing that game.

Edit: I went ahead and started an INGO game if anyone wants to play. I can't get link to work because T W* T is in the link....it is www. market watch.com/game/INGO . Take the spaces out.

 

[pudly]

I have a stock market game I play in. I joined a new game last week and we started with $100,000.....3 days later I was down to $70,000 and the guy leading our game had $300,000!! He made $200,000 in a down market. I searched the internet and found him...he is an investment broker for TDAmeritrade.

If any of you guys are interested in playing the game.....let me know and I will start one for INGO members. I have found it to be good practice for me.......I learn a lot about the market by playing that game.

Edit: I went ahead and started an INGO game if anyone wants to play. I can't get link to work because T W* T is in the link....it is www. market watch.com/game/INGO . Take the spaces out.

Those types of games are interesting, but if you are looking to learn about investing, DO NOT PLAY TO WIN!!! The winners are those that both take ridiculous risks and also get lucky and have them pay off. +/-30% or more in a short time span is not what you should use as a model for investing real money.

There is a lot of real info out there about how to invest responsibly. Read it and use these types of games to get familiar with the mechanics of investing.

 

[Ericpwp]

I'm in! You should post it as it's own thread.

 

[1775usmarine]

So happy Obama says those who think the economy is bad are peddling fiction. I guess the 600 I have lost so far this year is pure fiction and the gov will reimburse me so I can retire in 30.