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Old Oct-06-2008, 10:46 AM   #1 (permalink)
Mistadobalina
 
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Name: Kurt
Vessel: Seastar
Location: Clairemont
Job:Bytes R Us
Bio: Funkee Homosapien
Images: 1
DOW in the shitter
Down 450.

Afraid to look at my 401K.
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Old Oct-06-2008, 10:49 AM   #2 (permalink)
Team Boat Soda
 
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Name: Steve
Age: 45
Vessel: 24' Skipjack FB Diesel
Location: Huntington Beach, CA
Job:Bum
Bio: SoCal Fucker
Images: 32
Quote:
Originally Posted by Kurt View Post
Down 450.

Afraid to look at my 401K.

What 401K is more like it.
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Old Oct-06-2008, 10:51 AM   #3 (permalink)
Mistadobalina
 
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Name: Kurt
Vessel: Seastar
Location: Clairemont
Job:Bytes R Us
Bio: Funkee Homosapien
Images: 1
1k?
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Old Oct-06-2008, 11:11 AM   #4 (permalink)
Registered User
 
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Name: mark
Age: 46
Vessel: triumph 215 cc
Location: oak hills ca.
Job:construction
i transferred mine and the wifes to cash(bonds)2 weeks ago,its gonna get ugly for awhile.
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Old Oct-06-2008, 11:12 AM   #5 (permalink)
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Name: Wayne
Vessel: Grady White 228 Seafarer "GOTTA GET'M"
Location: Riverside
Job:Suburban robot that monitors reality
Bio: It's only 8 but it feels like 10
I sold my shares in a Charles Schwab 1000 Index fund on 1/23/08 and put it in their Money Market Fund. Everybody thought I should just ride it out, but after noticing retail getting slower and slower I decided to sell. Now, instead of being down a shitload of money I'm actually up for the year. Yee Haw!
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Old Oct-06-2008, 11:51 AM   #6 (permalink)
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Name: Junior
Age: 28
Vessel: Wife approved...narrowing down choices.
Location: Murrieta
Job:Marine Corps Aircrew
I'm waiting to jump in! Sorry for those already invested! I think I'm gonna pull an extra 10k for this one!
...jr.
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Old Oct-06-2008, 11:55 AM   #7 (permalink)
captain in a bakery
 
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Name: jimmy
Age: 22
Vessel: 16' tri-hull , x factor, mini x
Location: sgv
Job:baker
Quote:
Originally Posted by fishnbuddy View Post
I'm waiting to jump in! Sorry for those already invested! I think I'm gonna pull an extra 10k for this one!
...jr.
my thoughts exactly!!
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Old Oct-06-2008, 12:03 PM   #8 (permalink)
Team Boat Soda
 
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Name: Steve
Age: 45
Vessel: 24' Skipjack FB Diesel
Location: Huntington Beach, CA
Job:Bum
Bio: SoCal Fucker
Images: 32
On a good note oil is waaaay down....well maybe not a good note but you know what I mean
Oil prices fall as financial turmoil goes global: Financial News - Yahoo! Finance
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Old Oct-06-2008, 12:12 PM   #9 (permalink)
Registered User
 
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Name: Wayne
Vessel: Grady White 228 Seafarer "GOTTA GET'M"
Location: Riverside
Job:Suburban robot that monitors reality
Bio: It's only 8 but it feels like 10
Quote:
Originally Posted by fishnbuddy View Post
I'm waiting to jump in! Sorry for those already invested! I think I'm gonna pull an extra 10k for this one!
...jr.
I'm not one to give anyone financial advice, but you should watch the latest from this "expert".

msnbc.com Video Player
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Old Oct-06-2008, 12:13 PM   #10 (permalink)
You're no daisy
 
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Name: Charles aka "Ben"
Age: 41
Vessel: 15' Tupperware Sloop
Location: With your wife
Job:Bit Twiddler
Images: 7
Quote:
Originally Posted by marlyn View Post
i transferred mine and the wifes to cash(bonds)2 weeks ago,its gonna get ugly for awhile.
If you got out two weeks ago, you realized what up to that point was a virtual loss.

Frankly, not only am I sitting tight in my index fund positions, I'm tempted to do a little bottom fishing and dollar cost average my way out of the current hole.
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Old Oct-06-2008, 12:35 PM   #11 (permalink)
Damn Bats !
 
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Name: Karl
Age: 44
Vessel: Which one ?
Location: PQ
Job:N/A
Bio: Certified Lesbian , Starting off with some licking followed by the shocker, throw in a donkey punch and finish with a filthy sanchez
The wifey got butt hurt when I closed out a substantial amount and now that Dow is negative 712 and growing she feels better
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Old Oct-06-2008, 12:40 PM   #12 (permalink)
Legend in my own mind
 
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Name: Frank
Age: 53
Vessel: 28ft Pearson WarpDrive
Location: Escondido
Job:Pissing off the World.....one person at a time!
Images: 34
So once the little guy dumps his shares to feel safe.....who do you think is gunna buy up all the stuff that got dumped?....
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