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Part Deux" o'bama care and a a link to grow on


 

I'm only an investor as it amounts to the money in my 401K. Of course my 401K isn't where I wanted it to be by now, but that is mostly my fault. yeah I got hit in the corrections but the numbers would be meaningless if I had invested earlier and put more of my money away. I also have the last version of the pension. It'll be something less than 1/3 of my pay. Nothing to brag about, but better than nothing. Push come to shove, my wife and I could abandon everything and live on that pension as long as we didn't care about medical.
Social security I truly did not expect it to be here. I expected it to be a thing of the past. If it still happens to be here when I retire I expect our dear feds will find a way to say between my pension and my 401k that I am one of the rich ones and don't deserve the money I unwillingly put aside in the social security fund.
By then I expect if possible our government will have found a way to absorb not only our 401Ks but our remaining pensions and will say it is for the safety and security of the people. I of course will lose out since out any such event I will get 1/10th of what I would get otherwise and those without will get my money. It will show that hard work and perseverance meant nothing.
Sorry I got off on a tangent.
I continue to put away in my 401K, I look for a better job with decent benefits which would then enable me to draw my pension as additional money. I look for ways to balance the loss in my home which is still severely underwater no matter what the news pundits cheerily tell us.

--- In ibmpensionissues@..., GM <mandaringoby@...> wrote:

How many investors do we have in here??
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I haphazardly joined thinking we would have more about 401Ks "up in?'here"? as they say on my street.??I have this little article?its a once upon a time story about an?IRS agent that lived to be 101.? She survived the great depression and every investment?obstacle before her?and didn't need O'Bama care either.? In a snap shot, bag your lunch wear your clothes until the last thread is wearable and save like mad and buy the stocks of the products you use and take the food from the Stockholders meetings.? Her last two investments were Apple and MCI.? She would have lost her ass on MCI?but?the estate would have grossed 75K on a 100 share Apple investment and that's because the system of Capitalism some times still works.? If you can get a copy of the original article? you can see her top 10 investments.?
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This is my bible for investing.? I am sharing this because I am a giver, and communists/socialist/progressives are takers.??
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End of story, period.
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