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Author Topic: Will the Dow Jones break 10,000 this year?  (Read 267 times)

Offline Ripsnort

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Will the Dow Jones break 10,000 this year?
« on: October 13, 2003, 10:24:50 AM »
9773 today! :eek:

Been over a year that we've had a bull market.
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Offline DmdNexus

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Will the Dow Jones break 10,000 this year?
« Reply #1 on: October 13, 2003, 10:30:51 AM »
Go DOW! Go DOW! Go DOW!
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Offline Twist

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Will the Dow Jones break 10,000 this year?
« Reply #2 on: October 13, 2003, 10:38:43 AM »
GO BABY GO!!!

I'm really focused on HealthSouth right now but I also have my 401(k) to think about. :D I grabbed a thousand shares of HealthSouth when it was less than ten cents a share,against the advice of all my friends. It's hovering around 3 bucks now, you do the math. :cool:

When the DOW hits 11000 are you going to stay in or roll out into something else this time?

GO BABY GO!!!
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Razer

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Offline Ripsnort

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Will the Dow Jones break 10,000 this year?
« Reply #3 on: October 13, 2003, 10:43:50 AM »
Quote
Originally posted by Twist
GO BABY GO!!!

I'm really focused on HealthSouth right now but I also have my 401(k) to think about. :D I grabbed a thousand shares of HealthSouth when it was less than ten cents a share,against the advice of all my friends. It's hovering around 3 bucks now, you do the math. :cool:

When the DOW hits 11000 are you going to stay in or roll out into something else this time?

GO BABY GO!!!


Always in, til death do us part. :) I'm pretty diversified, as I didn't take a big hit like some during the slide.  My dad is a brilliant amateur stock analyst and very good with his money. I've followed his advice since I was 21.  He retired at 54 and I hope to at 55.
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Offline Maverick

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Will the Dow Jones break 10,000 this year?
« Reply #4 on: October 13, 2003, 10:49:11 AM »
I hope it breaks the 10,000 line again. I have the kid's school funds invested and will have to start drawing from them next August. :eek:

The financial advisor I have indicated one of the two funds I use for that has posted gains of over 30% this year alone and had less than 5% losses before. WOOT!
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Offline Ripsnort

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Will the Dow Jones break 10,000 this year?
« Reply #5 on: October 13, 2003, 10:51:15 AM »
Quote
Originally posted by Maverick
I hope it breaks the 10,000 line again. I have the kid's school funds invested and will have to start drawing from them next August. :eek:

The financial advisor I have indicated one of the two funds I use for that has posted gains of over 30% this year alone and had less than 5% losses before. WOOT!


Excellent!  
Hey, what age were your kids when you began these funds?  I started one for each of the kids when they were 1 year old.  My 7 y/o's account has 20 grand in it! :eek:

I;m hoping they both have 100k by age 18 to give them a good start for college, something I didn't have when I was 18.
« Last Edit: October 13, 2003, 10:53:19 AM by Ripsnort »
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Offline GRUNHERZ

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Will the Dow Jones break 10,000 this year?
« Reply #6 on: October 13, 2003, 10:54:07 AM »
Quote
Originally posted by Ripsnort
Excellent!  

I;m hoping they both have 100k by age 18 to give them a good start for college, something I didn't have when I was 18.


That would buy a lot of guns!  :lol
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Offline Twist

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Will the Dow Jones break 10,000 this year?
« Reply #7 on: October 13, 2003, 10:55:09 AM »
55 is a good retirement age. You should still be able to enjoy AH even with slightly diminished reflexes, but you may have to limit yourself to Spits and La7's. :p

I was shooting for 58 myself but with health care and insurance premiums increasing the way they are that may not be possible. :mad:

Retirement doesn't mean what it used to, I hope to have my teaching cert by then, maybe give a little back before I go.

[cheerleader mode] Go DOW Go DOW [/cheerleader mode]

:D
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Razer

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Offline strk

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Will the Dow Jones break 10,000 this year?
« Reply #8 on: October 13, 2003, 10:55:46 AM »
Quote
I'm pretty diversified, as I didn't take a big hit like some during the slide. My dad is a brilliant amateur stock analyst and very good with his money. I've followed his advice since I was 21. He retired at 54 and I hope to at 55.


give us some tips Rip!  

strk
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Offline Ripsnort

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Will the Dow Jones break 10,000 this year?
« Reply #9 on: October 13, 2003, 11:06:46 AM »
Quote
Originally posted by strk
give us some tips Rip!  

strk


There are people who do this for a living. :)  My portfolio is, like I mentioned, well diversified.  Mutual Funds, Bonds, and pure stock purchases. About the only tip I can give is "diversify" :)

As far as funds goes, the Oakmark family of funds has been good to me (us) over the last 13 years.
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Offline DmdNexus

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Will the Dow Jones break 10,000 this year?
« Reply #10 on: October 13, 2003, 11:23:44 AM »
>>I'm hoping they both have 100k by age 18 to give them a good start for college

Ain't it the truth!
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Offline ygsmilo

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Will the Dow Jones break 10,000 this year?
« Reply #11 on: October 13, 2003, 11:28:00 AM »
There is a trendline that the market needs to break through.  It is at 9829 today.
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Offline Maverick

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Will the Dow Jones break 10,000 this year?
« Reply #12 on: October 13, 2003, 03:03:27 PM »
Rip,

I started it in 94 with 5k. It is now well over 20k and is split between 2 mutual funds. I had to start late with funds from my settlement when I was disabled. Cops don't make enough to invest a hefty amount. I took some of the cash and set it up for him. He starts next year and I plan on a community college first then finish at the university. I have been a student at both and the U doesn't impress me fro frosh and sophmore level education. The community college does a better job with better instructors, smaller classes and better focus. The U just wants to get your $ then weed you out. :(
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