tag:blogger.com,1999:blog-7561631984395061740.post2585895504911239115..comments2023-10-22T06:15:30.760-04:00Comments on Boomer Musings: Why am I not worried?Douglashttp://www.blogger.com/profile/09752593286034877538noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7561631984395061740.post-15784385953716251402008-12-19T07:22:00.000-05:002008-12-19T07:22:00.000-05:00Vikki - The sweetest feeling in the world is knowi...Vikki - The sweetest feeling in the world is knowing you don't have to make a mortgage payment. I wouldn't be the one to give advice on where the bottom is in this market. There's still too many unknowns out there with a new administration coming in. Still, there are bargains out there if you have some "play" money and don't mind weathering what may be a storm. It's fun in a way; up a few thousand one day and down a few the next. Did I cover all bases? I sound like a broker. Past performance is no guarantee of future earnings.Douglashttps://www.blogger.com/profile/09752593286034877538noreply@blogger.comtag:blogger.com,1999:blog-7561631984395061740.post-2986798200958273302008-12-18T23:27:00.000-05:002008-12-18T23:27:00.000-05:00Hi Douglas,I admire your incentive to write everyd...Hi Douglas,<BR/>I admire your incentive to write everyday. I could never do it. It’s enough that I manage a couple blogs (if that) a week. <BR/><BR/>I’m an early retiree. (I retired at 53) and did exactly the same thing as you. (Isn’t it heaven NOT having a house payment?) -And I actually pulled everything out I had invested just 2 weeks prior to the big crash in August. I just got a feeling in July and decided to trust it. I’m glad I did. Can’t afford to loose it anymore.<BR/><BR/>I would like to hear your opinion on Robot Nine's 'Buy now'. Is this a good time to think about buying?<BR/>VikkiVikki Northhttps://www.blogger.com/profile/00843590983216729306noreply@blogger.comtag:blogger.com,1999:blog-7561631984395061740.post-53122586625969119912008-12-18T20:28:00.000-05:002008-12-18T20:28:00.000-05:00It all depends upon how much tinkering the govt do...It all depends upon how much tinkering the govt does. The less the better, I think. With the bottom dropping out of the oil market and the bailouts for just about anyone with a good story, I expect to see Exxon-Mobil and their brethren panhandling in from of some Congressional committee soon.Douglashttps://www.blogger.com/profile/09752593286034877538noreply@blogger.comtag:blogger.com,1999:blog-7561631984395061740.post-64220367041931330512008-12-18T18:17:00.000-05:002008-12-18T18:17:00.000-05:00I would say that yes there is an underlying value ...I would say that yes there is an underlying value to a real economy, of course, but it is amazing how every few years the wave trends down and it shudders people all over again. What can go up fast and furious forever. <BR/><BR/>It seems my parents had a 1,000 square foot house, one car, no AC, 4 kids, one job, and a rotary dial phone. Now we are 'blessed', a young couple will have multiple jobs, two or more vehicles, maybe a Harley, several cell phones and Blackberrys, 3,000 square feet of living space, etc. So it's all relative I guess, even in our desperate straights and poor times we are really well off. Just doesn't fel like it.<BR/><BR/>Doulas, can you imagine what it must have felt like to be the current Ponzi operator? He is smart so he had to know the gig would end, that the day would come, or do you think he created such a big ball of waxy lies that he actually justified and convinced himself? <BR/><BR/>According to all the geniuses now might be the time to BUY BUY BUY stocks and such, in the strongest of the weak. Blood in the streets and it's darkest before the dawn and all that. It will come back, it probably won't take as long as some say.<BR/><BR/>Robot NineRobot Ninehttps://www.blogger.com/profile/03776155543265023418noreply@blogger.com