tag:blogger.com,1999:blog-7566715115931065803.post544532758342224556..comments2024-03-27T09:44:59.329-04:00Comments on Free North Carolina: The Last Time The Dow Was Here..........Brock Townsendhttp://www.blogger.com/profile/11404173139501539265noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-7566715115931065803.post-45606920524590041942013-03-06T17:30:58.527-05:002013-03-06T17:30:58.527-05:00Used to, we had a wide variety of investment picks...Used to, we had a wide variety of investment picks under Fidelity. <br /><br />Guess that changed when it was bought out.Brock Townsendhttps://www.blogger.com/profile/11404173139501539265noreply@blogger.comtag:blogger.com,1999:blog-7566715115931065803.post-32048546093679084222013-03-06T17:04:47.330-05:002013-03-06T17:04:47.330-05:00I am worried. Just trying to figure out a way to m...I am worried. Just trying to figure out a way to minimize the penalty I'll take by cashing out all together. I hear you can roll it into ROTH IRA now, even while still working for the company. So that's my next plan by next week. These Wells Fargo have us confined to funds to choose from that are heavily invested in stocks and mutual funds. Used to, we had a wide variety of investment picks under Fidelity. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7566715115931065803.post-91278837886395945522013-03-06T16:44:17.465-05:002013-03-06T16:44:17.465-05:00Thanks. I would worry about the money market funds...Thanks. I would worry about the money market funds also, Deborah.Brock Townsendhttps://www.blogger.com/profile/11404173139501539265noreply@blogger.comtag:blogger.com,1999:blog-7566715115931065803.post-4918629595336642442013-03-06T16:39:38.898-05:002013-03-06T16:39:38.898-05:00I hemmed and hawed for about 2 yrs now. It's o...I hemmed and hawed for about 2 yrs now. It's one of those, You know the water is rising but you haven't taken the time to buy your lifejacket yet type of thing. <br /><br />The old way of investing is over. The Real Estate bubble popped, the dot.com bubble popped, and private debt bubble popped, and now it's time for the economy bubble to pop. Dump your stocks and bonds unless you have time to aggressively manage your portfolio every day. I'd rather get out now than the day after. <br /><br />Aftershock Investers predicted the bubble pops in 2008. I'd say they are right on the $, pardon the pun. <br /><br />BUY GOLD and Precious Metals, Invest in Agriculture, Ammo companies, and beer, wine and spirits. A few solid companies are still out there to buy some stock or bonds in. <br /><br />I just moved all my retirement fund, which was heavy on stocks and bonds, to a money market fund until I can find out what else I can do. Our choices are limited with Wells Fargo compared to Fidelity. <br /><br />READ THE BOOK!! or at least review it on Amazon.<br /><br />D.Stroud<br />ENCAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7566715115931065803.post-21805102276046695792013-03-06T16:19:11.479-05:002013-03-06T16:19:11.479-05:00Wow, you stayed in this long? Well, more power to...Wow, you stayed in this long? Well, more power to you and my guess is that you got at the virtual top. You can never buy at the bottom and sell at the top, so you just try to accomplish the two somewhere in the middling areas, but looks like you proved that adage wrong.Brock Townsendhttps://www.blogger.com/profile/11404173139501539265noreply@blogger.comtag:blogger.com,1999:blog-7566715115931065803.post-53620450745977878032013-03-06T16:15:52.427-05:002013-03-06T16:15:52.427-05:00Moved mine out stocks/bonds today. The Aftershock ...Moved mine out stocks/bonds today. The Aftershock Investor book is a good source of information.Haven't finished it yet, but feel certain the last bubble will pop very soon. <br /><br />D. Stroud<br />ENCAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7566715115931065803.post-38887840003395178632013-03-06T12:47:43.048-05:002013-03-06T12:47:43.048-05:00This is how I know that I am still hopelessly insa...This is how I know that I am still hopelessly insane. Heh.<br /><br />Just a few of us.:)Brock Townsendhttps://www.blogger.com/profile/11404173139501539265noreply@blogger.comtag:blogger.com,1999:blog-7566715115931065803.post-69612680696410180072013-03-06T11:17:53.183-05:002013-03-06T11:17:53.183-05:00No person in my circle has ever agreed with me whe...No person in my circle has ever agreed with me when I say, "Yes, 16 trillion dollars is an unpayable disaster, just as W's 10 trillion dollars of debt was. Mathematically there is no significant difference." This is how I know that I am still hopelessly insane. Heh.Anonymousnoreply@blogger.com