So I Go To My Investment...

Snaggletiger · « **on:** August 05, 2011, 10:38:42 AM »

broker dude day before yesterday to ask what he thinks about basically moving some of my vast portfolio into something very conservative while the stock market is so volatile. Now, let me preface this by saying two things. First, I know exactly squat about investing. Second, my "vast portfolio" consists of about 22 shares of Movie Gallery stock. (Wonder how that's doing) and $153.32 in an IRA. But, it's mine and I plan on retiring pretty soon.

The guy gives me the whole, "Look, you're investing for long term gains. You have to expect some ups and downs. Relax, our people are really predicting this thing to turn around immediately." I leave there with a real uneasy feeling.

Anyway, I was just wondering if anyone knew what the market did yesterday. I've been busy and haven't been able to check on it.

Townhallsavoy · « **Reply #1 on:** August 05, 2011, 10:47:03 AM »

Snaggletiger · « **Reply #2 on:** August 05, 2011, 10:51:31 AM »

So, you're saying it was a bad day on Wall Skreet?

Snaggletiger · « **Reply #3 on:** August 05, 2011, 10:52:20 AM »

So, you're saying it was a bad day on Wall Skreet?

djsimp · « **Reply #4 on:** August 05, 2011, 11:25:00 AM »

Quote from: Snaggletiger on August 05, 2011, 10:51:31 AM

So, you're saying it was a bad day on Wall Skreet?

Quote from: Snaggletiger on August 05, 2011, 10:52:20 AM

So, you're saying it was a bad day on Wall Skreet?

Good gosh man...yes it was! Quit rubbing it in already!

AUsweetheart · « **Reply #5 on:** August 05, 2011, 01:04:59 PM »

Retiring pretty soon? You've only been working nine years.

GarMan is gonna be pissed.

Snaggletiger · « **Reply #6 on:** August 05, 2011, 01:49:42 PM »

Quote from: AUsweetheart on August 05, 2011, 01:04:59 PM

Retiring pretty soon? You've only been working nine years.

GarMan is gonna be pissed.

Yeah, but attorneys make a lot of money. A LOT. So it doesn't take nearly as many years. You have your retirement portfolio in place, right?

Buzz Killington · « **Reply #7 on:** August 05, 2011, 01:50:41 PM »

The "experts" are saying that it is not over yet. I am taking my Mason jar and moving it to a more secure location tonight just in case.

Snaggletiger · « **Reply #8 on:** August 05, 2011, 02:01:30 PM »

Quote from: Buzz Killington on August 05, 2011, 01:50:41 PM

The "experts" are saying that it is not over yet. I am taking my Mason jar and moving it to a more secure location tonight just in case.

Speaking of that, I've got the ole spare change shoe box under the bed. Have always made a habit of dropping whatever is in my pocket in the box when I come home every day. When we were headed to the beach a couple of weeks ago, decided to roll some of the quarters and take that to the bank for cash to use as meal money at the beach. I didn't get nearly half of it rolled and had over $400.00.

I ate good at the beach.

AUTiger1 · « **Reply #9 on:** August 05, 2011, 03:19:22 PM »

Quote from: Snaggletiger on August 05, 2011, 02:01:30 PM

Speaking of that, I've got the ole spare change shoe box under the bed. Have always made a habit of dropping whatever is in my pocket in the box when I come home every day. When we were headed to the beach a couple of weeks ago, decided to roll some of the quarters and take that to the bank for cash to use as meal money at the beach. I didn't get nearly half of it rolled and had over $400.00.

I ate good at the beach.

Pics of said taco?

Wait.......oh you meant with the change you.....Ok, I see now.