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Title: An Investment Portfolio - Turtles's Retirement Plan
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Published: Feb 7, 2009
Author: silly
Post Date: 2009-02-07 21:22:00 by tom007
Keywords: None
Views: 323
Comments: 35
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#1. To: tom007 (#0)
I recognise that last year was for the fainted, shell-shocked types but this year I recommend S&P500 as a safe haven as a method to sustain the value of your money. You might even build a little wealth.
Yep. Thats Turtles olde van on the right.
LOL ! Good one grace !
4um Traitor I buy dirt.
I disagree. I am of the opinion that the markets still have quite a ways to go down yet. I think 2009 will be even worse than 2008, 2010 will be a mixed bag, and we won't see any decent recovery in the markets until 2012 at the earliest.
#2. To: tom007, turtle (#0)
#3. To: grace_is_by_our_lord (#1)
I recommend S&P500 as a safe haven as a method to sustain the value of your money. You might even build a little wealth.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams
#4. To: grace_is_by_our_lord (#1)
#5. To: grace_is_by_our_lord (#1)
I recognise that last year was for the fainted, shell-shocked types but this year I recommend S&P500 as a safe haven as a method to sustain the value of your money. You might even build a little wealth.
 | Science flies you to the moon. Religion flies you into buildings. |
#6. To: Elliott Jackalope (#5)
For the most part, common stocks shall rise in value this year. Companies are eliminating useless fat to buoy their positions to remain competitive and as a result it may be a boomer year for anyone with the capability to understand an otherwise depressed market.
#7. To: Cynicom (#2)
The one with the flat tire?
Thats Turtles olde van on the right.
"Satan / Cheney in "08" 
#8. To: tom007 (#7)
Yep...Turtles. Just down the street is the car wash where he goes for bath on rare occasions.
The one with the flat tire?
#9. To: grace_is_by_our_lord (#6)
Is this before or after the bank holiday ? The market might surge again, but the derivative time bomb will absolutely positively result in another stock market and currency collapse. Among other things.
For the most part, common stocks shall rise in value this year. Companies are eliminating useless fat to buoy their positions to remain competitive and as a result it may be a boomer year for anyone with the capability to understand an otherwise depressed market.
4um Traitor
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams
#10. To: Rotara (#9)
Obama is going to fix that too. <-- just a joke about your comment. But, you are really talking about financial markets which are only 5% of the S&P500 right now. Early in 2008 the financials were about 20% of the S&P500. So, as a plan, we should all make some money this year.
The market might surge again, but the derivative time bomb will absolutely positively result in another stock market and currency collapse.
#11. To: grace_is_by_our_lord (#10)
I'm not telling you what to do with your 'money', I'm just telling you what's going to happen to 'money' that stays in anything having to do with duh dollah.
4um Traitor
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams
#12. To: Cynicom (#8)
a twofer,smart guy, car and shower for a buck.
Just down the street is the car wash where he goes for bath on rare occasions.
"Satan / Cheney in "08"
#13. To: Rotara (#11)
That's a nice comment. I want you to realize how to look beyond the problems that we all face because whether you agree or not the value of just about everything is measured in US dollars; and as we talk, the Euro hit a 6 year low. I am afraid that if you have a few bucks during this depression you might want to believe in the markets. Place an order for some common stocks in NASDAQ as an example. After all you and millions around the world are going to buy a new computer within the next few years.
I'm not telling you what to do with your 'money', I'm just telling you what's going to happen to 'money' that stays in anything having to do with duh dollah.
#14. To: grace_is_by_our_lord (#6)
They might rise, but it won't be on the strength of the stock. TARP funding has created a faux market where otherwise insolvent corporations appear to be profitable. In addition, the rating agencies are playing dumb and stamping these investments AA and AAA. Only the sheer stupidity of most investors is keeping this mess from crumbling.
For the most part, common stocks shall rise in value this year. Companies are eliminating useless fat to buoy their positions to remain competitive and as a result it may be a boomer year for anyone with the capability to understand an otherwise depressed market.
#15. To: grace_is_by_our_lord (#13)
All the best !
4um Traitor
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams
#16. To: Yellow Cake (#14)
Last ones to stay in this one get crumbled !
Only the sheer stupidity of most investors is keeping this mess from crumbling.
4um Traitor
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams
#17. To: Yellow Cake (#14)
That's not true at all. TARP edged American banks towards nationalization and just this past week Goldman Sachs wants to know how to give back their TARP share back to government since Obama wants to fuck them and anyone that took TARP money. Generally, the financial markets are in turmoil because of Clinton-Bush administrations pushing bad paper (securities) to Fannie and Freddie. This set of government actions pulled the financials to the rock-bottom we see today. We are going to survive these issues. So, invest in some common stocks. Reward the markets for cunning and capability so they can renew America creating jobs again.
TARP funding has created a faux market where otherwise insolvent corporations appear to be profitable.
#18. To: Rotara (#15)
Do you have the capacity to make an on-line wager with me?
#19. To: Cynicom, tom007 (#8)
Turtle's van is a red 1999 Ford Windstar and he just changed the oil today and also took out the third backseat because it was getting in the way of his tools. He also vacuumed the inside and washed and waxed the outside. Turtle's van is a fine-looking van and both of you are just envious.
No place is better than Turtle Island.
#20. To: grace_is_by_our_lord (#17)
Goldman could give back the $10 billion in TARP and then issue preferred stock rather than common stock and offer it for the going rate of $95? a share. I'm sure investors will be lined up at their windows early Monday morning looking for all they can grab.
#21. To: Turtle (#19)
I stand corrected. Good to see you are green.
Turtle's van is a red 1999 Ford Break Windstar
"Satan / Cheney in "08"
#22. To: Yellow Cake (#20)
As I have said herein (this thread), the financial markets are in turbulence. The backbone of America is innovation and technical excellence and as a rough average, say the S&P500, for the gigantic strives in any one's portfolio. Last year the financial sector products stole the show; they hurt everyone. But there are other markets that have continuously made America the powerhouse she is.
#23. To: Cynicom (#4)
I buy dirt. I have given your comment ample reflection and recommend that you shove off that investment. Buy cement instead and ship it to China.
#24. To: grace_is_by_our_lord (#23)
During the great depression one family member bought untold small parcels of land (dirt). His great grandchildren are still living off the fruits of his investments. No gold, no silver, dirt.
#25. To: tom007, Cynicom (#21)
You imply Turtle's van will break? You forget the brilliance of Turtle's Brain. I bought the van from a mechanic who fized all the design flaws. Turtle always buys well-maintained used cars. Turtle paid $2000 for this van, which had 138,000 miiles on it. The tranmission have been rebuilt, as has the engine, and the rear end -- all the design flaws of the Windstar. If Turtle gets 80,000 miles out of the van -- and he will -- then he's got his money's worth. Turtle has only bought one new car in his life -- a Chevy Cavalier. And he got 480,000 miles out of it before the transmission went out. As you can see, Turtle is awesome! He does not, however, like changing the oil in the van, because he has to take off the front passenger tire, just as he had to do with the Cavalier.
Ford Break Windstar
No place is better than Turtle Island.
#26. To: Turtle, James Deffenbach, tom007 (#25)
Do you have to jack up the hind end to fill the gas tank? Just askin.
He does not, however, like changing the oil in the van, because he has to take off the front passenger tire, just as he had to do with the Cavalier.
#27. To: Cynicom (#26)
Turtle does not use his hands to fill the tank. He has taught Mickey the pug to do that. When Mickey is asleep in the front seat, Turtle uses his Brain to levitate the hose into the tank. Turtle is, as always, both amazing and insufferable. Mickey the pug also threw up in one of Turtle's shoes during the night.
No place is better than Turtle Island.
#28. To: Turtle (#27)
I have a KAT, much more reliable than any PUG.
Mickey the pug also threw up in one of Turtle's shoes during the night.
#29. To: Cynicom (#24)
Purchasing real estate in today's America is not a good idea right now.
#30. To: grace_is_by_our_lord (#29)
Dirt...Not real estate. Dirt.
#31. To: Cynicom (#30)
His great grandchildren are still living off the fruits of his investments. No gold, no silver, dirt. What on Earth do you actually mean?
During the great depression one family member bought untold small parcels of land (dirt).
#32. To: grace_is_by_our_lord (#31)
Do you have any sense at all? Anyone who'd listen to you has got to be sorely lacking in any brains, because you certainly lack them.
No place is better than Turtle Island.
#33. To: Cynicom (#30)
Dirt, housing, gold, and silver are the only 'investments' that have never lost me a penny.
#34. To: grace_is_by_our_lord (#31)
Hundreds of small parcels of land that people wanted to turn into cash during the depression. No buildings. Just parcels of land. Came the war and prosperous years, he made a fortune.
untold small parcels of land (dirt).
#35. To: Cynicom (#28)
Your KAT throws up in your shoes? Mickey has only done it ome time.
No place is better than Turtle Island.
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