401K Problems?
 

Sure; the market has been down since the beginning of the year:mad: It will probably take a few years to just get back to where you were at the end of 2015. But so what, it's just gas, bait, and tackle money. We are already rich, because we own a boat:D
https://www.youtube.com/watch?v=mQPjKSVe1tQ
5th

At least gas is cheap right now! :)

Yes gas is cheap, but unfourtunatly it is was drive the stock market. When I get my next 401k statement gonna file it away, unopened, don't want to know after seeing the last one! Then once I do retire, if I do and can retire, I will sit back with a cold rum and coke, open the envelope and say this is why I couldn't buy a new boat!

I am 42 and told my edward jones guy to move some money to energy today. It cannot stay where it is. I got 20 years before it matters. I will take cheap gas now! (besides with the economy driven 2/3 by consumer indexes cheap fuel should result in more spending money for most working Americans -- economy will turn around if energy stays low once people start spending again)

I just started spending on wine and beer. Stocking up for the storm of the century.

Just heard on news that the price on crude oil dropped below the price of a half gallon of milk today. Wholesale price of crude at .62 cents a gallon.

give everyone a boat, spending will increase :D

did anyone listen to the song in the link?

Yes. but I am not buying a boat. I am trying to sell one :p

I could not agree more with Greg and Mike...

Number one this is a huge buying opportunity for energy stocks...Even simple spiders and ETF's will give a good return over the next 12 to 24 months...

Secondly and more importantly Bruce hit the nail on the head... The world is going to end in the blizzard of 2016 so put your hands on as much of your favorite beverage as possible. Besides, liquor never seems to lose value...

:)

My financial adviser told me not to buy energy yet. He believes the supply will exceed demand for the next year or better and that some energy companies will fold.

I know nothing about the market.. However I do trust my adviser.

I can't "invest" in liquor; I wind up drinking all my profits:D

I've been investing in ammo and magazines for the apocalypse:eek:
5th

Greg,

Spiders and ETFS can spread the risk out among an entire market sector.

This is similar to investing in an SnP 500 mutual fund.

Individual stocks are always the greatest risk, that is what makes these types of investments tolerable.

Of course I am not a financial advisor and will never pretend to be, but I am going
To buy some low and sell when higher.

As to Marty's lawyers guns and money comments I am saying the heck with it and heading out to fish for blue fish in the Patapsco this weekend.

:Buy lithium if your I to commodities.its the new oil. All electric cars and hybrids are powered by it not to mention all cordless power tools. I have invested in it and its one of the few things still in the positive for me! As for the liquor I have been to three direrent stores finite and everyone is out of my favorite brand already.not to.mention I tried to get my prescriptions filled and they ran out of them.