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pond sailor

Member Since 03 Mar 2004
Offline Last Active Yesterday, 12:11 PM
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Posts I've Made

In Topic: Are You Better Off than You Were Eight Years Ago?

Yesterday, 01:10 AM

." I do have to say, in the big crash in 2008 we lost almost all the earnings in our deferred compensation and were down to the principal left in the funds. We did not panic and let it ride, taking advantage of dollar cost averaging buying 4xisting fund shares at a much lower price and as the economy slowly recovered and the market improved we killed it in the recovery. So I have to give credit to the slow recovery for that considerable improvement in our portfolios."

 

Exactly 


In Topic: Are You Better Off than You Were Eight Years Ago?

27 August 2016 - 10:35 PM

This was going to be a 10 year process given the enormity of the loses. I'd say we're pretty much on target

 
That, too.  A bull in a china shop like Dubya can (and did) create a fantastic mess in very short order.
 
Cleaning it up and putting back the pieces is always harder than breaking it.

Long time comin' long time gone

In Topic: Are You Better Off than You Were Eight Years Ago?

27 August 2016 - 09:22 PM

This was going to be a 10 year process given the enormity of the loses. I'd say we're pretty much on target

In Topic: "The Party of Lincoln has become the Party of Trump"

26 August 2016 - 10:46 PM

"Funding abortions should not come from taxes."

 

That would be illegal,,,see Hyde Amendment


In Topic: "Obama is the founder of ISIS"

12 August 2016 - 10:20 PM

"Zaphod Beeblebrox"

 

PERFECT Analogy!