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Maybe you don't care, but everyone who has 401K, or other investments do care.
It is good to see folks with 401Ks making money. I hope it lasts.
I pulled all of my cash assets out of the market at 10,500 and put it into ag ventures. Given that, the only money I have in the market is through my 401K (which I really don't care about, as it is a small part of my net worth).
One must remember that there will be a correction at some point in this market (there always is). Let's hope it is not as bad as the last one.
Damn you Obamaaaaa! How am I suppose to stick to my view of Obama as a Kenyan, socialist, dictator in the face of facts now? I'll just have to drink more antifreeze to numb the pain I guess.
Uncle Ben Bernanke, is oiling the printing press by the second, as it is starting to overheat.
In the last week, a loaf of bread went from $1.29, to $1.89
Milk went from $3.29 a gal, to $3.99
Ground hamburger meat is up also.
Pork chops are $4 a pound now... I don't even look at the steaks any longer.
Uncle Ben Bernanke, is oiling the printing press by the second, as it is starting to overheat.
In the last week, a loaf of bread went from $1.29, to $1.89
Milk went from $3.29 a gal, to $3.99
Ground hamburger meat is up also.
Pork chops are $4 a pound now... I don't even look at the steaks any longer.
And the gas tank takes more money to fill it.
You know the middleclass is getting squeezed with higher food and gas prices. Wages are stagnant so where is the big recovery? Inflation is biting hard now.
When it to starts to retreat back down, will you blame President Obama? More than likely, most will blame the "previous administration".
For every peak, there is a valley
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