# Watching my 401k Go!

**URL:** https://forums.speedlife.net/t/watching-my-401k-go/6661
**Category:** NYSpeed Off Topic
**Created:** [January 10, 2006, 2:58pm UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661 "2006-01-10T14:58:56Z")
**Posts on this page:** 20
**Page:** 1

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### Author: ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [January 10, 2006, 2:58pm UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/1 "2006-01-10T14:58:56Z")

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[http://money.cnn.com/2006/01/10/markets/markets\_newyork/index.htm](http://money.cnn.com/2006/01/10/markets/markets_newyork/index.htm)

The Dow broke 11000 yesterday, though it fell to slightly below before the close. Today it got into the 11000’s and stayed there.

:tmotherfuckinup:

I’m sure the democrats would say it would be at 12000 had Kerry won though. 😉

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### Author: ![Rx3](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rx3/32/7194_2.png) [@Rx3](https://forums.speedlife.net/u/Rx3)
#### Post date: [January 10, 2006, 3:13pm UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/2 "2006-01-10T15:13:55Z")

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Bout fucking time. Our shit was hurting 2-3 years ago.

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### Author: ![OfficerK](https://avatars.discourse-cdn.com/v4/letter/o/4da419/32.png) [@OfficerK](https://forums.speedlife.net/u/OfficerK)
#### Post date: [January 10, 2006, 3:27pm UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/3 "2006-01-10T15:27:27Z")

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pffff 12000

you are thinking too small, id say closer to 14K

and 9/11 would have never happened because he would have actually read intel reports.

Disclaimer: everything stated above is pure fact

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### Author: ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)
#### Post date: [January 10, 2006, 3:27pm UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/4 "2006-01-10T15:27:45Z")

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Now when do we make it back to the Clinton levels :bloated:

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### Author: ![Lucky\_Cheater](https://avatars.discourse-cdn.com/v4/letter/l/eb9ed0/32.png) [@Lucky\_Cheater](https://forums.speedlife.net/u/Lucky_Cheater)
#### Post date: [January 10, 2006, 4:35pm UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/5 "2006-01-10T16:35:57Z")

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Hey, bad administration or not, this is good news.

-Cheater-

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### Author: ![ezfd](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ezfd/32/7334_2.png) [@ezfd](https://forums.speedlife.net/u/ezfd)
#### Post date: [January 10, 2006, 5:17pm UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/6 "2006-01-10T17:17:08Z")

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very good news…yeeehhaaa!!

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### Author: ![catalyst](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/catalyst/32/7279_2.png) [@catalyst](https://forums.speedlife.net/u/catalyst)
#### Post date: [January 10, 2006, 5:17pm UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/7 "2006-01-10T17:17:27Z")

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Since the end of the Second World War, there have been 14 presidential elections – eight have been won by Republicans and six by Democrats. The average rise on the Dow Jones during a Republican presidency is 37%, compared with 46% during a Democrat presidency. The largest rise on the Dow Jones came during Bill Clinton’s first term, between 1992 and 1996.

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### Author: ![JaysGreenLX](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jaysgreenlx/32/7321_2.png) [@JaysGreenLX](https://forums.speedlife.net/u/JaysGreenLX)
#### Post date: [January 10, 2006, 5:20pm UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/8 "2006-01-10T17:20:44Z")

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> [@JayS](#):
>
> [http://money.cnn.com/2006/01/10/markets/markets\_newyork/index.htm](http://money.cnn.com/2006/01/10/markets/markets_newyork/index.htm)
> 
> The Dow broke 11000 yesterday, though it fell to slightly below before the close. Today it got into the 11000’s and stayed there.
> 
> :tmotherfuckinup:
> 
> I’m sure the democrats would say it would be at 12000 had Kerry won though. 😉

You always turn this into a democrat vs. republican thing.

My car has been running great lately. It that fucker Kerry was in office, it would probably run like shit.

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### Author: ![zwarbyt](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/zwarbyt/32/7623_2.png) [@zwarbyt](https://forums.speedlife.net/u/zwarbyt)
#### Post date: [January 10, 2006, 5:30pm UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/9 "2006-01-10T17:30:40Z")

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yo, if you owned any google or apple the last week has been pure sex :pimp:

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### Author: ![Zer0DazE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/zer0daze/32/7624_2.png) [@Zer0DazE](https://forums.speedlife.net/u/Zer0DazE)
#### Post date: [January 10, 2006, 5:59pm UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/10 "2006-01-10T17:59:21Z")

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i wish i would have bought google back in the day ☹

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### Author: ![87FOXGT](https://avatars.discourse-cdn.com/v4/letter/8/ecd19e/32.png) [@87FOXGT](https://forums.speedlife.net/u/87FOXGT)
#### Post date: [January 11, 2006, 1:02am UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/11 "2006-01-11T01:02:07Z")

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> [@zwarbyt](#):
>
> yo, if you owned any google or apple the last week has been pure sex :pimp:

:word:

Just opened up my roth with etrade a few days ago, as well as throwing in some cold hard cash to make some stock moves. Keepin an eye on a few companies and when the time is right I will jump in and see what I can do :ohnoes:

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### Author: ![Lucky\_Cheater](https://avatars.discourse-cdn.com/v4/letter/l/eb9ed0/32.png) [@Lucky\_Cheater](https://forums.speedlife.net/u/Lucky_Cheater)
#### Post date: [January 11, 2006, 4:57am UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/12 "2006-01-11T04:57:24Z")

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You guys got balls messing in the stock market like that…I always feel like im gambling if I “play” the market. All my money is in low yield, stable mutual funds.

I figure I started saving at 22…im in no rush…just let it build slow and sure till 35 or so and then start playing around for retirement.

-Cheater-

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### Author: ![catalyst](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/catalyst/32/7279_2.png) [@catalyst](https://forums.speedlife.net/u/catalyst)
#### Post date: [January 11, 2006, 5:29am UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/13 "2006-01-11T05:29:25Z")

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> [@Lucky Cheater](#):
>
> You guys got balls messing in the stock market like that…I always feel like im gambling if I “play” the market. All my money is in low yield, stable mutual funds.
> 
> I figure I started saving at 22…im in no rush…just let it build slow and sure till 35 or so and then start playing around for retirement.
> 
> -Cheater-

Yeah, but it might be safer to play with high risk investments now, when you’re young, before you have to worry about supporting a family.

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### Author: ![RobHimself](https://avatars.discourse-cdn.com/v4/letter/r/e480ec/32.png) [@RobHimself](https://forums.speedlife.net/u/RobHimself)
#### Post date: [January 11, 2006, 6:16am UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/14 "2006-01-11T06:16:08Z")

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> [@JaysGreenLX](#):
>
> You always turn this into a democrat vs. republican thing.
> 
> My car has been running great lately. It that fucker Kerry was in office, it would probably run like shit.

R to the OFL

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### Author: ![93dx\_hatch](https://avatars.discourse-cdn.com/v4/letter/9/90ced4/32.png) [@93dx\_hatch](https://forums.speedlife.net/u/93dx_hatch)
#### Post date: [January 11, 2006, 8:08am UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/15 "2006-01-11T08:08:47Z")

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OT: Anyone know who bought out texas instruments? I forgot

lots of actions this week :tup:

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### Author: ![Lucky\_Cheater](https://avatars.discourse-cdn.com/v4/letter/l/eb9ed0/32.png) [@Lucky\_Cheater](https://forums.speedlife.net/u/Lucky_Cheater)
#### Post date: [January 11, 2006, 8:23am UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/16 "2006-01-11T08:23:50Z")

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> [@catalyst](#):
>
> Yeah, but it might be safer to play with high risk investments now, when you’re young, before you have to worry about supporting a family.

That is what we call a good point here in don’t-think-things-out-ville

😃

-Cheater-

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### Author: ![Daddie](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/daddie/32/7621_2.png) [@Daddie](https://forums.speedlife.net/u/Daddie)
#### Post date: [January 11, 2006, 9:14am UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/17 "2006-01-11T09:14:22Z")

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> [@zwarbyt](#):
>
> yo, if you owned any google or apple the last week has been pure sex :pimp:

![http://i25.photobucket.com/albums/c63/pbrallstar/hellsyeah3am0qv.gif](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/0/6/06930b523ad1b01ccfa74a87b0fe042f5bf81c33.gif)

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### Author: ![n20junkie](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/n20junkie/32/7396_2.png) [@n20junkie](https://forums.speedlife.net/u/n20junkie)
#### Post date: [January 11, 2006, 10:27am UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/18 "2006-01-11T10:27:43Z")

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the week before sept 11th i had a friend that was money smart preach to me how i should have money in stocks and mutual funds, the week after sept 11th i asked him how he felt about those mutual funds, and he lost his ass. Its a gamble, and one that could really pay off. But like all gambling if you don’t have the money to lose, you don’t have enough to play, i’ll just get my money from uncle sam in a few years when i retire from the service.

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### Author: ![87FOXGT](https://avatars.discourse-cdn.com/v4/letter/8/ecd19e/32.png) [@87FOXGT](https://forums.speedlife.net/u/87FOXGT)
#### Post date: [January 11, 2006, 10:39am UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/19 "2006-01-11T10:39:48Z")

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> [@catalyst](#):
>
> Yeah, but it might be safer to play with high risk investments now, when you’re young, before you have to worry about supporting a family.

Thats my logic :tup:

SHIT SHIT SHIT I should have bought conexant last week. Could have made a few Gs already :mad: Still got my eye on a few though :ohnoes:

GOOG is just sick. :biglol:

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### Author: ![Lucky\_Cheater](https://avatars.discourse-cdn.com/v4/letter/l/eb9ed0/32.png) [@Lucky\_Cheater](https://forums.speedlife.net/u/Lucky_Cheater)
#### Post date: [January 11, 2006, 12:53pm UTC](https://forums.speedlife.net/t/watching-my-401k-go/6661/20 "2006-01-11T12:53:10Z")

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With the current social security forecast I think it’s a gamble all of us 20 somethings HAVE to make.

-Cheater-

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