Dow Crash Coming To Your 401K (2007 to 2022)

[Bindare_Dundat]

IMF to the rescue. I feel better already. 

[loco]

So when is the Dow crash really coming to your 401k?  We've been waiting since 2007.

[loco]

lol?  it already happened.  

When?  I know lots of Americans who left their 401k alone and they are doing fine.  Others actually put more money into it when stocks were low and actually made money.

Is that what you call a crash?

[Soul Crusher]

When?  I know lots of Americans who left their 401k alone and they are doing fine.  Others actually put more money into it when stock were low and actually made money.

Is that what you call a crash?

Look at most local and state pensions who were invested in the market vs the tax receipts.  Most are still massively down.   

We have a massive disaster on our hands and the idiots at all levels of govt keep lying about our situation. 

 

[loco]

I dunno, some would call an average 25% loss in value a crash.  Several people said Neuro called it right.  I don't know how you can say it's not a crash but I guess call it what you want.  Neuro didn't say nobody would recover or everyone would lose.

So it all depends on how each individual defines a "crash"?  

Here is what Neuro said.

move your money out of stocks and into cd's, cash, money markets ect.

preservation of capital is key. if you do nothing, kiss your money goodbye.

I'm no expert, but many people I know would call this advice foolish and dangerous.  They are the same people who did not touch their 401K stock investments or actually bought more stocks and now they are doing just fine.

[loco]

yeaaaa ok thanks.....  How far do you think I have to search to find an expert who calls it a crash too?... uh huh.... That was your orginal question, when is it going to happen... I know you tried to expand it on but your orginal note was that it didn't even happen...

I consider the people I mentioned experts.  And they either did nothing to their 401K stock investments or they actually bought more stocks.  Did they kiss their money good bye?  No.  They actually made money.  Is this what you call a "crash to your 401K"?

I'm still asking, when is this "crash" going to happen to your 401K?

Based on your response, does it all depend on how each individual defines a "crash"?  

Did you follow Neuro's advice about your 401K?  I hope you didn't for your own sake.

Do you consider Warren Buffett an expert?  In 2008 he converted almost his entire portfolio to stocks.

[loco]

wait, are you actually saying we didn't just go through a crash, a crash that we haven't made it entirely out of and may be going into a second phase of?  Are you actually saying what we saw in 2008, what is recorded as reducing 401K's on average by 25% should not be considered any sort of a crash?  Is that really what you're saying?  Ok, fine, I'm not going to fight you over it.  Some people's loses are not as important as others.  To each their own... If that's your position, fine, I understand.  But on the same hand I'm not about to scold someone that they didn't actually take a huge hit in their 401K when they say they did... Obviously the data is there to show many many did....

Way to avoid my questions, Hugo!  How about you answer my questions?

I consider the people I mentioned experts.  And they either did nothing to their 401K stock investments or they actually bought more stocks.  Did they kiss their money good bye?  No.   They actually made money. Is this what you call a "crash to your 401K"?

I'm still asking, when is this "crash" going to happen to your 401K?

Based on your response, does it all depend on how each individual defines a "crash"?  


Did you follow Neuro's advice about your 401K?  I hope you didn't for your own sake.

Do you consider Warren Buffett an expert?  In 2008 he converted almost his entire portfolio to stocks.

[Benny B]

i anticipate a double dip recession.


a test of March lows should occur in the coming months.




NT

What's the latest on this prognostication 3 months on, Neuro?

[Benny B]

i anticipate a double dip recession.


a test of March lows should occur in the coming months.




NT

Neuro, what do you say about this assessment today? It has been four and one-half months and you are 4100+ points off.

[loco]

bush has systematically destroyed this country financially.

our country is heading for a severe recession as a result of his failed policies.

in the coming months, the stock market will come crashing down. mark my words.

cash is king !

move your money out of stocks and into cd's, cash, money markets ect.

preservation of capital is key. if you do nothing, kiss your money goodbye.

Dow closes above 11,000 for first time since ’08
http://www.msnbc.msn.com/id/36413829/ns/business-stocks_and_economy/

So when is the Dow crash really coming to your 401k?  We've been waiting since 2007.

[BayGBM]

I've fallen (hard)... and I can't get up!  

[Brixtonbulldog]

[Benny B]

how you doing now scumbag?

What are you babbling about now, PEA BRAIN? *yawn*
Are you suggesting that Neuro was predicting the Euroland contagion? Or today's likely fat finger error? 

Mar 2, 2009   
6,626.94

May 6, 2010
10,520.32



You should really stick to subject matter you are familiar with, PEA BRAIN.

[loco]

I've fallen (hard)... and I can't get up!  

What do you mean, Bay?  Did you lose all your money?

[Danny]

What are you babbling about now, PEA BRAIN? *yawn*
Are you suggesting that Neuro was predicting the Euroland contagion? Or today's likely fat finger error? 

Mar 2, 2009   
6,626.94

May 6, 2010
10,520.32




You should really stick to subject matter you are familiar with, PEA BRAIN.

Don't tell me you didnt know it's Obama's fault! 

[BM OUT]

Obviously an error made by someone else wasnt Obamas fault.However,its funny to see libs give Obama praise for the markets doing well,but ripping Bush when they were at 14,000.Then it had NOTHING to do with Bush,but when it went down,it was Bushs' fault.The market goes up with Obama,its because of Obama,it drops thois ENTIRE week and its Bushs' fault.

[Danny]

Obviously an error made by someone else wasnt Obamas fault.However,its funny to see libs give Obama praise for the markets doing well,but ripping Bush when they were at 14,000.Then it had NOTHING to do with Bush,but when it went down,it was Bushs' fault.The market goes up with Obama,its because of Obama,it drops thois ENTIRE week and its Bushs' fault.

I don't think that's entirely true. maybe after the market crashed people started talking about it.

[Soul Crusher]

Yet we cant bash obama when things go bad under his watch like UE spiking?

[BayGBM]

What do you mean, Bay?  Did you lose all your money?

Feels like it! 

[Benny B]

Obviously an error made by someone else wasnt Obamas fault.However,its funny to see libs give Obama praise for the markets doing well,but ripping Bush when they were at 14,000.Then it had NOTHING to do with Bush,but when it went down,it was Bushs' fault.The market goes up with Obama,its because of Obama,it drops thois ENTIRE week and its Bushs' fault.

Who said that whenever the market goes up it's "because of Obama?" 

[Benny B]

Yet we cant bash obama when things go bad under his watch like UE spiking?

You're free to do whatever you want

[Bindare_Dundat]

With Benny Blanco now providing Stock Market 'information' to GBers, I'll assume this is old news.






-NT

  

 

I

lol  gee thanks.  

[Soul Crusher]

Benny was calling for a crash in gold.  

Enough said.  

[Benny B]

May 6, 2010: 7:36 PM ET
NEW YORK (CNNMoney.com) -- In one of the most gut-wrenching hours in Wall Street history, the Dow plunged almost 1,000 points Thursday before recovering to close down 348, as erroneous trading in Procter & Gamble and several other stocks sparked a massive selloff.

Fears about the spread of the European debt crisis dragged on stocks through the early afternoon. But the selling picked up in intensity and the Dow reached its nadir at around 2:40 p.m. ET.

=====================================================================================


Guys this is what happens when a Market with no investment merit at current valuations runs out of speculative fuel.

When governments and central banks manufacture the illusion of an economic recovery driven by deficit spending and money printing, the faith in the sustainability of that recovery is not surprisingly weak.

With Benny Blanco now providing Stock Market 'information' to GBers, I'll assume this is old news.


Off to the Hamptons...have a great weekend!



-NT

  

 

"Speculative fuel?" "Printing money?" 
Not sure how you derive your opinions, but they are pretty much nonsensical.
Have fun in the Hamptons! 

[Benny B]

I

lol  gee thanks.  

How'd taking Neuro's market crash prediction work out for that portfolio of yours?