- This topic has 255 replies, 23 voices, and was last updated 16 years, 11 months ago by
blackbox.
-
AuthorPosts
-
March 9, 2008 at 10:09 AM #12042March 9, 2008 at 10:24 AM #166214
Coronita
Participantdoubt it. depends on what percentage of people are really in trouble.
Not everyone is in trouble.[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 9, 2008 at 10:24 AM #166533Coronita
Participantdoubt it. depends on what percentage of people are really in trouble.
Not everyone is in trouble.[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 9, 2008 at 10:24 AM #166539Coronita
Participantdoubt it. depends on what percentage of people are really in trouble.
Not everyone is in trouble.[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 9, 2008 at 10:24 AM #166542Coronita
Participantdoubt it. depends on what percentage of people are really in trouble.
Not everyone is in trouble.[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 9, 2008 at 10:24 AM #166634Coronita
Participantdoubt it. depends on what percentage of people are really in trouble.
Not everyone is in trouble.[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 9, 2008 at 10:25 AM #166223Anonymous
GuestContraman, interesting idea, but do you have any numbers to back this up? (e.g., what percentage of equity value is purchased through 401k’s per income bracket)
My gut feeling is that if all of the people in, say, the lower half of median income cash in their 401k’s tomorrow it won’t have a big effect on the market.
But I am just guessing…
March 9, 2008 at 10:25 AM #166543Anonymous
GuestContraman, interesting idea, but do you have any numbers to back this up? (e.g., what percentage of equity value is purchased through 401k’s per income bracket)
My gut feeling is that if all of the people in, say, the lower half of median income cash in their 401k’s tomorrow it won’t have a big effect on the market.
But I am just guessing…
March 9, 2008 at 10:25 AM #166550Anonymous
GuestContraman, interesting idea, but do you have any numbers to back this up? (e.g., what percentage of equity value is purchased through 401k’s per income bracket)
My gut feeling is that if all of the people in, say, the lower half of median income cash in their 401k’s tomorrow it won’t have a big effect on the market.
But I am just guessing…
March 9, 2008 at 10:25 AM #166552Anonymous
GuestContraman, interesting idea, but do you have any numbers to back this up? (e.g., what percentage of equity value is purchased through 401k’s per income bracket)
My gut feeling is that if all of the people in, say, the lower half of median income cash in their 401k’s tomorrow it won’t have a big effect on the market.
But I am just guessing…
March 9, 2008 at 10:25 AM #166644Anonymous
GuestContraman, interesting idea, but do you have any numbers to back this up? (e.g., what percentage of equity value is purchased through 401k’s per income bracket)
My gut feeling is that if all of the people in, say, the lower half of median income cash in their 401k’s tomorrow it won’t have a big effect on the market.
But I am just guessing…
March 9, 2008 at 11:14 AM #166248peterb
ParticipantInteresting theory. A friend of mine that worked on Wall Street during the late 1990’s made the same observation…401K’s had drastically increased the amount of cash into the market since almost all of the contributions are made to mutual funds. I wonder if anyone has done an analysis of this?.
I also remember hearing some people doing the same thing during the last recession of 2002…e.i. withdrawing from their IRA’s to pay bills, etc… According to most financial analysts, people no longer save in the USA because they consider their IRA’s a type of savings account. So it stands to reason that they will take $$ from it in times of need. So the question is, “How much and for how long?”March 9, 2008 at 11:14 AM #166568peterb
ParticipantInteresting theory. A friend of mine that worked on Wall Street during the late 1990’s made the same observation…401K’s had drastically increased the amount of cash into the market since almost all of the contributions are made to mutual funds. I wonder if anyone has done an analysis of this?.
I also remember hearing some people doing the same thing during the last recession of 2002…e.i. withdrawing from their IRA’s to pay bills, etc… According to most financial analysts, people no longer save in the USA because they consider their IRA’s a type of savings account. So it stands to reason that they will take $$ from it in times of need. So the question is, “How much and for how long?”March 9, 2008 at 11:14 AM #166575peterb
ParticipantInteresting theory. A friend of mine that worked on Wall Street during the late 1990’s made the same observation…401K’s had drastically increased the amount of cash into the market since almost all of the contributions are made to mutual funds. I wonder if anyone has done an analysis of this?.
I also remember hearing some people doing the same thing during the last recession of 2002…e.i. withdrawing from their IRA’s to pay bills, etc… According to most financial analysts, people no longer save in the USA because they consider their IRA’s a type of savings account. So it stands to reason that they will take $$ from it in times of need. So the question is, “How much and for how long?”March 9, 2008 at 11:14 AM #166577peterb
ParticipantInteresting theory. A friend of mine that worked on Wall Street during the late 1990’s made the same observation…401K’s had drastically increased the amount of cash into the market since almost all of the contributions are made to mutual funds. I wonder if anyone has done an analysis of this?.
I also remember hearing some people doing the same thing during the last recession of 2002…e.i. withdrawing from their IRA’s to pay bills, etc… According to most financial analysts, people no longer save in the USA because they consider their IRA’s a type of savings account. So it stands to reason that they will take $$ from it in times of need. So the question is, “How much and for how long?” -
AuthorPosts
- You must be logged in to reply to this topic.