dow jones

[DELACROIX]

FDX has always made it abundantly clear that is is NOT in the business of creating enterprise value for third parties. Your role as a contractor is to provide so called "purchased transportation" at bargain basement rates and to serve as a firewall against the incursion of a union represented workforce. That's it. That's all that there was to the entire venture and what you were they for. Keep in mind that it was only under the threat of an Internal Revenue Service lawsuit did the company have to grudgingly grant goodwill and proprietary rights to contractors.

Therefore it only stands to reason that the company isn't going to give a rodent's rectum about you and your equity if it comes down to push versus shove. But, you guys wouldn't listen. You just kept hoarking up ever larger monetary hairballs and putting it in the pot while just ASSUMING that future events would unfold in a way that would keep it secure. Unfortunately, it's only now that your discovering that the investment risks were much higher than you realized.

And that's why when you talked about the "millions and millions of dollars" (your own words) that you expected those routes to be sold for....I just sit back and laughed. Oh, you might get it but right now the distance between you and those "millions and millions" just got a whole lot bigger.

Where did all the Biden praise posters go? Remember how they were giving him all the credit for the market performance?

@bacha29

She is probably crying somewhere praying to her Biden Idol as FedEx goes down the toilet..

 

[Up In Smoke]

It's a bear market

It's a wealth creating market. More millionaires will be created on the way down. Panic selling equals big bucks for prepared investors.

 

[IVE GOTTA PACKAGE 4U]

It's a wealth creating market. More millionaires will be created on the way down. Panic selling equals big bucks for prepared investors.

Now is not the time to sell

 

[Wally]

Save yur' arse!!!

 

[IVE GOTTA PACKAGE 4U]

 

[oldngray]

View attachment 401989

 

[Up In Smoke]

Options protect your investment.

 

[DELACROIX]

Options protect your investment.
View attachment 401997

 

[Wally]

View attachment 401989

201k?

 

[IVE GOTTA PACKAGE 4U]

201k?

If we are lucky

 

[Wally]

If we are lucky

I expect an afternoon rally!

 

[olroadbeech]

I've continued my automatic buying every month into a regular brokerage account.

Yes it got scary in 2007-8 but we kept it up hoping the market would come back as it had over it's long history.
It cam back and our investment did very well since we kept buying in the dips.

No one can say what will happen but we are continuing to buy. We may lose our shirts but hope the market will play out as it usually does.

We could stay on the sidelines by transferring everything to cash and bonds which a lot of people are doing but inflation will just eat that up but more slowly.

Our dollars have halved in recent years. So pick your poison. Losing money thru inflation which will Never come back
or gamble in the casino of the stock market and hope that history will play out with returns of 8% a year from the last 40-50 years.

I'm not sure what to do so just stay with the market. What scares us is the corruption may finely catch up with us. We do have a lot of cash stashed away and do hedge with only 10% in precious metals and about 40% in real estate .

 

[IVE GOTTA PACKAGE 4U]

I expect an afternoon rally!

In 2024 maybe

 

[Wally]

Only 18 percent down this year..

 

[IVE GOTTA PACKAGE 4U]

Only 18 percent down this year..

That's the Dow

 

[Wally]

That's the DowView attachment 402011View attachment 402012

Rally to start! BUY, BUY, BUY!

 

[IVE GOTTA PACKAGE 4U]

Rally to start! BUY, BUY, BUY!

Not yet

 

[Thebrownblob]

That's the DowView attachment 402011View attachment 402012

 

[IVE GOTTA PACKAGE 4U]

 

[Wally]

View attachment 402014