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Martin Jr
07-27-2011, 12:03 PM
you guys bailing out of the markets temporarily in anticipation of the Aug 2nd circus?


ooops, sorry. please move this to off topic forum.

deerfield
07-27-2011, 12:28 PM
No. I'm in for the long term. Have money in a large cap fund, an S&P 500 index fund, and direct bank stock. This is best strategy for me, but not necessarily for others. Interesting question.

sandm
07-27-2011, 03:05 PM
welcome back ed ;)

most say just let it sit. there's some thought that the market won't care much about this issue in the long haul.

hope our politicians pull their heads out and get some controls in place though. if you ask me, dem/reb/indep; doesn't matter. they are all a bunch of money grubbing crooks out for their own interests..

too bad our gov't has developed into what it is :(


it's all around us... irs is outdated and screwing the middle class, post office is an antiquated model bleeding cash that doesn't seem to get the long term, social health is a joke, and social security probably won't be around....

ok, off soapbox now :) I hear belize has nice lakes to board on...

skiyaker
07-27-2011, 07:08 PM
you guys bailing out of the markets temporarily in anticipation of the Aug 2nd circus?




not completely but I'm keeping some powder dry in case we get a significant pullback. I've sold some things in the last few days that I really wanted to get rid of anyway. If there is no major pullback and I'll get the money back in for about what I got it out- if it tanks I'll get it back in a lot cheaper!

jmb
07-27-2011, 07:55 PM
I see they want to try and bing on my military retirement. I did 20 yrs and that would make me mad. They need to bing on there retirement!

moombadaze
07-27-2011, 08:34 PM
hope our politicians pull their heads out and get some controls in place though. if you ask me, dem/reb/indep; doesn't matter. they are all a bunch of money grubbing crooks out for their own interests..

too bad our gov't has developed into what it is :(




think they should all be pink slipped and learn what its like