Dear psycho stock "investors"...

Please refrain from selling off your investments every time a dirty piece of bad news hits the stands. You are causing a lot of pain and torture to us patient ones. Unless you are elderly and/or about to retire, i do not like you.

Thank you kindly,
J. "My 401K keeps going down the tubes" Savings.

ps: i'm not bitter ;)

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Things that go UP, and things that go DOWN when J tavels.

HAPPY Friday the 13th! If you're a superstitious one, you might enjoy this post. Turns out that while I was away, a LOT of horrible stuff happened, yet when I came back the world was happier! haha ... check it out for yourself ;)

This is what happens when J goes away:

• The stock market goes dooooooown, down, down.
• Floods carry away homes in the midwest :(
• And an elderly man gets hit by car, causing rage across the entire country!

And this is what happens when J comes back:

• There's piles of gifts and money on our tables. Sexy!
• A doorman wins $5 million scratch off lottery, and keeps job :)
  
• Obama wins the Democratic nominee! (sure this happened while away, but im counting it here. he he)

Is the world telling me somthing? haha ... we'll never know!

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Fed move + the Dow= ON FIRE!

What a day for the consumer: The Fed cut rates by 3/4 a point, AND the Dow is up 400 pts!

(FOUR HUNDRED)

That's what i'm talking about :) This is huge for us as it'll drop our variable HELOC rate by .75%! Of course, this news isn't the best for those high-yield saving accts, but currently that doesn't apply to us.

A good 8 months ago we were paying 9% on our home equity line (our 2nd mortgage). But after all the fed cuts and refinancin' we did, it'll now be at an astonishing. 4.8%! Freakin' unbelievable. Of course, most of this is purely luck and timing, but hey i'll take that.

For those of you checking around for a decent loan or mortgage out there, i'd say it's not a bad time to pick one up these days ... And for all you investors out there. HOLLER!

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The Dow is a P.I.M.P. today

The Dow skyrocketed up 416 pts today - The highest since July 24, 2002!

".. the Federal Reserve said it plans to pump $200 billion into the financial markets ... The Fed — acting in concert with the European Central Bank, the Bank of Canada and the Swiss National Bank — agreed to loan investment banks money in exchange for debt, including slumping mortgage-backed securities." - msnbc.com

This is insane!!!
Insanely AWESOME :)

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