I am bailing on all this stuff I think and I am going to put my wounded Scottrade account into my annuity account with Allianz, or buy a new one, whichever is most productive. I do not want to wake up to chaos once in a while for the rest of my life. I no longer enjoy or want to endure panic attacks.
Good fortune to you and I will check back in here once in a while for your timely comments. If you would like my email let me know so we could talk once in a while.
The market is a "turkey" shoot as you say anymore. I am closing my accounts and paying off all short term debt and licking my wounds after the last 12 months. I will not be living in poverty but I expected to have a little more fun with investing since I am retired and have time to piddle, but to piddle has become a little too expensive.
Da bears are here I am afraid. Between the three funds I am up about one percent plus or minus a little.
I do, however, consider myself fortunate at this point. Good fortune to you!
I am into all three funds and was planning a short term investment. Now, with the prices going south, which I did not expect, and with all of this merger stuff going on I am beginning to think a little more long term. You are just about the most "resident expert" that I know of so, what do you think the outcome may be when the dust settles on these? Keep your powder dry, because mine is beginning to get a little soggy!
At least all three funds are consistently lower and they have recovered some from the opening bell. Best of good fortune to us all! Somewhat unpredictable right now and this is starting to bother me some.
Thank you for the information as I was going to look this up and try and digest the data. This stuff tells us something important I am sure, like what in the hell am I doing in CRF?
Oh, by the way, did you become aware about the Fannie Mae litigation? I became aware by correspondence from Scottrade yesterday. The dates are from 2006 to 2008. The stock code at that time was FNM. I checked my records and I had made a nice profit in 2008 so I guess I did not suffer any "damage" as they say.
A little hard to complain about a two thousand dollar profit on a transaction.
Good fortune to all.
We all have to remember we are only down if the price of the stock is lower than our average cost per share, including transaction costs. Good fortune to all!
You have done well so far this year. I am jealous, but in a constructive sort of way! I am glad I dumped MORL, as I previously stated. I look for things to rebound next week. Life is not all gloom and doom, but I am also looking to cover my posterior. Stay thirsty my friend!
I agree with you. If anything they will be looking to line their own pockets here in the process of this merger. Once again, they are not doing this for their health, they are looking for a profit, somehow, somewhere, their objective is profit, and I am afraid their concern for share holders may be secondary, or even thirdary, if there is such a word. Good fortune to all after our little downturn today! On a lighter note I am glad I got out of MORL a few days ago.
Who gives a #$%$! Move on. Worry about something important. Worry about your health or your shrinking portfolio like most of us. Will Clinton going/not going anywhere help your portfolio value? I think not. Move on and do not worry about it. Remember that Washington had slaves and he is one of the most honored people in American history. Jefferson was a perv in having affairs with many of his "slaves." Not too cool!
Move on and worry about something important.
I am in today for CLM at 21.70. Makes me a little jittery being in on all three for now. We will see how the month goes. Good fortune to all in our trek into the unknown.
I actually think CLM got ahead of it's ability to sustain itself. I bought CFP and CRF Friday because CLM looked a little too good to maintain itself. I guessed right for a change and I wish I would of had more capital to play with, but I screwed some away last spring and do not have as much to guess with. Good fortune to all!