I really don't see how these projections are made with their short term guesstimations.
If one looks at the long term trending over the last 100+ years, the market could hit about 4-5k a stabilize at that number. If one looks at the trending that is where it should/would prospectively be without the explosive growth of the 80s and last 8/8+4 years of Clinton/Bush & Reagen.
...It seems many of these numbers & the market as usual, stop looking at the long term and keep glaring at the short term.
Rally or not, "where should we be?" SHOULD be the question that really gets answered. Plan for that to be the bottom.
Buffett on Obama: Capable of Improving U.S. Economy, But Don't Expect Magic [View article]
Why is it that people think he'll fix the economy? They're really hooked on Keynes. Anyone ever think it'll probably just fix itself? All this messing and fiddling with the economy, sounds like the needless operation for something that isn't even needed.
How Congress Can Solve the Recession, Outsourcing and Social Security [View article]
Just getting rid of social security for people under - let's say 40, cuz then they can get rid of mine too, would be AWESOME.
Even with market fluctuations like right now, if I was retiring now, and saving moderately in a 401k, I'd still have more in the 401k even after this MASSIVE market collapse than I ever would in social security. Aside from that one can save 3-6% and have it doubled by their employer and retire good on a 401k. However the Government backed social security at 7.5% out of pocket (by force, no choice given) and 7.5% taken from the employer - even small business, is insane. One can't even retire on that.
15% lost, not able to retire. 6-12% taken by choice, retire comfortably.
WTF? That's a no brainer, why are we still paying into social security.
Intelligent Government Action Is Key to a Market Turnaround [View article]
Why the hell does SA keep changing the titles? They should really straighten that crap out, it's annoying and making me not want to read the articles since they do such a poor job of providing titles.
FDIC Troubled Bank List Grows By 46% - Is Your Bank Safe? [View article]
FDIC List? Since when should anyone listen to the Government on what to invest in. Hell they're at least, no wait, MORE to blame for this current financial cluster than any single entity is.
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Latest | Highest ratedTime to Prepare for a Rally? [View article]
If one looks at the long term trending over the last 100+ years, the market could hit about 4-5k a stabilize at that number. If one looks at the trending that is where it should/would prospectively be without the explosive growth of the 80s and last 8/8+4 years of Clinton/Bush & Reagen.
...It seems many of these numbers & the market as usual, stop looking at the long term and keep glaring at the short term.
Rally or not, "where should we be?" SHOULD be the question that really gets answered. Plan for that to be the bottom.
Buffett on Obama: Capable of Improving U.S. Economy, But Don't Expect Magic [View article]
How Congress Can Solve the Recession, Outsourcing and Social Security [View article]
Even with market fluctuations like right now, if I was retiring now, and saving moderately in a 401k, I'd still have more in the 401k even after this MASSIVE market collapse than I ever would in social security. Aside from that one can save 3-6% and have it doubled by their employer and retire good on a 401k. However the Government backed social security at 7.5% out of pocket (by force, no choice given) and 7.5% taken from the employer - even small business, is insane. One can't even retire on that.
15% lost, not able to retire.
6-12% taken by choice, retire comfortably.
WTF? That's a no brainer, why are we still paying into social security.
What the Economy Needs Is a Helicopter Drop [View article]
Now wouldn't that be a twisted irony. :o doh!
What the Economy Needs Is a Helicopter Drop [View article]
Now wouldn't that be a twisted irony. :o doh!
Intelligent Government Action Is Key to a Market Turnaround [View article]
FDIC Troubled Bank List Grows By 46% - Is Your Bank Safe? [View article]