Americans This Weekend (In 1 Chart)
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01/17/2016 - 08:26
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01/17/2016 - 09:21
Audio Commentary From RanSquawk:
01-17 18:36: Avon Products to hold an investor day
01-15 18:51: Apple to shut down iAd App Nework as of June 30
01-15 18:18: Novartis receives two new FDA approvals for Cosentyx
01-17 18:24: 10 Stocks Moving On Friday's After-Hours Session
01-17 18:24: More Big Banks In The Earnings Spotlight
01-17 18:24: Earnings Expectations: Will GE And IBM Disappoint?
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How to report offensive comments
.401K
Why are you so optimistic?
.000041k
Reminder Suri- Time to book the family trip to Cueefor
Who Could of Known!...Better get the rest!...CRIMINALS, want it all!
get you some Precious...not too late DON'T BE SHY
When I retired last April, I told them I wanted to cash the 401(k) out. They were aghast and did their best to talk me out of it. I had to talk to three "supervisors" and told the last one that I didn't think there would be a stock market by the end of the year. They cashed me out and I immediately bought physical. Would have been a smart move if not for the tragic canoe accident on the lake.
in my few months reading zh i have certainly learned that the most risky aspect of owning physical gold is the heightened propensity for boating accidents
Haha! Same here. I had better actually BUY a boat soon, or get a picture of myself on one, so that excuse looks a little legit.
Its heaver than paper....
there have been so many canoe accidents lately, I am going to patent my new canoe with training wheels. i will make a fortune.
They're called outriggers. The polynesians used them with great success.
yes, but they would sue me for patent infringment, so I am calling mine training wheels.
Actually we should ban all canoes as hey are extremely dangerous .
Now there's a smart lad, and probably just in time too. 401k, whutwuzat?
that thing looks like a good way to bust your ass [/double entendre]
retirement is going to be a fairytale story that parents put their kids to bed with
People will still have to "retire" as in stop working because there won't be enough jobs to go around. The only thing they'll be retiring is their taste for food not made for cats.
Was going to lend the fed moar gasoline ...they said they had enough already and plenty in stock.
don't think for a minuite that this is not orchestrated, very well orchestrated. They everyone who was awake 8 years
to prepare for this. If you're caught with your pants down, you've been sleeping and watching too much MCM!
Wheres that ramp ??
Hurry ...where is that fucking ramp assholes?
hurry,hurry its 4;20pm Hurry damn it need it fucking NOW
MSM
You can edit your text above until someone answers you. Then you can't.
The "Hoverboard" is to the 50 year old, tried and true skateboard as the Collateralized Mortgage Debt Obligation is to the silver dollar.
If you are really strapped for cash, buy a hover-board and use it as the excuse, for burning down your house,.
no way
I'm 53 and reasonably well off. I can see myself retiring the weekend before I kick the bucket. Not because I would never want to but I just don't see how you do so in today's low interest, no growth environment.
Retired from the rat race at 43, 17 years ago. Could not be happier. Everyone go Galt. If you are smart enough to succeed in the rat race, you can be smart enough to succeed going Galt.
First you will have to tell me what the hell GALT is.
Not what, who.
Segway without the handle, what could possible go wrong.
QUESTIONS WE ALL NEED ANSWERED OH MIGHTY FEDERAL RESERVE:
So Janet, please answer these pressing questions:
1) if the gambling public loses everything in their 401ks, will they be able to depend on Social Security in a few years?
2) Does it matter that the National Debt is flying past $20 Trillion and doubled in 7 years?
3) Will the new trillions that you are printing be able to buy things?
4) Will you be able to print enough to keep-up with new debt that is piled on going forward?
5) Will your hubris run out before or after the dollar crashes?
6) Who will replace you when the gig is up and you are put behind bars where you belong?
National Debt of the US is 220 TRILLION
Prof. L. Kotlikoff
Who will replace Mr. Yellen? Hopefully no one. Hopefully, she/he is the end of the line. End the Fed and free my country.
I hate stealing the Negro's thunder. He is going to make the announcement next week.
Yellen will be replaced mid March by none other than
We are saved
200.5K
However, Arabs are in a worse situation:
https://twitter.com/iHardikBhatt/status/686756024338890752
Link worth clicking.
HA HA HA HA! ROTFL
Fucking Epic!
Unfortunately it is a fake though ...
Hoverboards are known for good faceplants, come on Tuesday!
See twitter link above for epic face plant. Hmmm, is it real?
My 401k (future government slush fund) has lost 6% since 1/1/2016. Glad I don't contribute anything to it!
NBC. Central Standard Time 5:30pm nightly news. As for 401K investments. "Dont panic". "Hold the Course". "Keep puting money in your 401k".
When .govs mouthpiece says dont panic, its time to RUN!!!!!!!!!
Just reallocated my 401K into a US Treasury bond ETF. Was amazed at the lack of choices available for the types of funds I'm allowed to put it in. I had the choice of 30 funds (all based on stocks) or a single T bond index ETF. While I think the 2.5% yield & some of the principal on the bond ETF may drop, it seemed like the lessor evil over all others. The 'analysis' section of the 401K website did its best to obscure any poor long-term performace while presenting glowing 'projected' gains on all, so I looked up each stock symbol in Yahoo finance. It quickly became clear that the ETF had held it's value during the 2008 bust while every stock fund lost no less than 50%. I feel a bit sad for my coworkers who are contributing to their 401K w/o looking at what this market's doing to those funds. Every stock based one has dropped like a rock over the past 2 weeks while the ETF gained 2%. At the same time though, I know I'd be eternally blamed if I recommended it to anyone and it lost value, even if far less than the stock based choices.
// It's better to let a man lose all of his money on his own, than to prevent him from losing half of it with your assistance.
US money is a prison. US money has no intinsic value. The digitized version is the worst. Stop obsessing. Get beyond it. While you can.
If I were Martha Stewart I would leave the country for a while.
If I were Martha Stewart I would leave the country for a while.
Soon to be changed to IRC Sec 200.5(f).