[Rhodes22-list] Bush Speech

[Brad Haslett]

Rik,

You just paraphrased Mark Twains number one rule of investing: Don't
worry about the return on your investment, worry about the return OF
your investment.

Brad

On Sat, Sep 27, 2008 at 9:42 AM, Rik Sandberg <sanderico1 at gmail.com> wrote:
> Rummy, Art, et al,
>
> The winners in all we are embroiled in now will be the guys who lose
> least. For a time it might be best to worry less about making money and
> concentrate on retaining what principal you have. Yes, you might lose a
> bit to inflation, but better to lose a little to inflation and still be
> building a bigger principal, than to lose to inflation AND lose
> principal too.
>
> There WILL be some bargains out there after a bit, but you have to still
> have the money to take advantage of them when they come. This means,
> don't lose it now. Tighten up those stop losses.
>
> Just some free advice and probably worth every penny :-)
>
> Rik
>
> Ayn Rand was a prophet - - it isn't my fault
>
>
>
> Arthur H. Czerwonky wrote:
>> Rummy,
>> Right on the money, so they say!  I think the key factor in a retirement mode, if any can be, or wants to be really retired, is being able to adjust the budget output without great pain.  I don't like the investment losses either, but just plan to cope for the time.
>> Art
>>
>> -----Original Message-----
>>
>>> From: R22RumRunner at aol.com
>>> Sent: Sep 25, 2008 1:13 PM
>>> To: rhodes22-list at rhodes22.org
>>> Subject: Re: [Rhodes22-list] Bush Speech
>>>
>>> Brad,
>>> I have a lot of land and a lake (still with some water/today) and  very
>>> talented wife that loves to can and garden. We could become very self  sufficient
>>> if need be. My losses in real estate value and stock market value  will bottom
>>> out, but I don't have to sell anything. I can still afford to pay my  bills
>>> and ride this out. Right now I'm mad as hell and I'm not in a frame of  mind to
>>> bail people out because of bad business practices and decisions.  Recession
>>> or depression, I don't care. Bring it on. We all seem to need a new  lesson
>>> every 90 years or so.
>>>
>>> Rummy
>>>
>>>
>>> In a message dated 9/25/2008 11:45:05 A.M. Eastern Daylight Time,
>>> flybrad at gmail.com writes:
>>>
>>> Rummy,
>>>
>>> I feel your pain!  Now who are you going to get the  money from?
>>> Franklin Delano Raines, Obama's buddy, did have to pony up some  cash
>>> after he left Fannie Mae and perhaps we'll collect some from  some
>>> other Wall Street types.  But you're concentrating on "cutting  off
>>> your nose to spite your face".  You are the first turd headed down  the
>>> shitter (your description, not mine).  If the wheels fall off  the
>>> economy, how much money do you think will be spent on roofing?   We
>>> have a gunshot victim lying on the floor and right now we need  to
>>> offer medical assistance.  We can argue about how many years  to
>>> sentence the shooter later.
>>>
>>> Brad
>>>
>>> On Thu, Sep 25, 2008 at  10:22 AM,  <R22RumRunner at aol.com> wrote:
>>>
>>>> I am not about to  pony up anything for this mess. Greed is what got us to
>>>> this point and  the ones that made the money should fork it over. I don't
>>>>
>>> have a
>>>
>>>>  mortgage and personally don't give a rats ass about anyone stupid enough
>>>>
>>> to
>>>
>>>> have  got caught up in this mess. Let them all go down the  shitter
>>>>
>>> together.
>>>
>>>> Rummy
>>>>
>>>>
>>>> In a message  dated 9/25/2008 9:14:29 A.M. Eastern Daylight Time,
>>>> rlowe at vt.edu  writes:
>>>>
>>>> But  wait, $700B spread
>>>> among 300M  citizens is only around $2300 a person, why  not just ask
>>>>  everyone to pony up their  share?
>>>>
>>>>
>>>>
>>>>
>>>>
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>>>> challenges?   Check out WalletPop for the latest news and information, tips
>>>>
>>> and
>>>
>>>>  calculators.       (http://www.walletpop.com/?NCID=emlcntuswall00000001)
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