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What happens to state/local pensions if stocks ever go down?
| onyx embarrassed to the bone pit | 10/20/17 |
| chocolate contagious meetinghouse | 10/20/17 |
| Blathering stag film | 10/20/17 |
| Appetizing umber national friendly grandma | 10/20/17 |
| Gold bateful rehab associate | 10/20/17 |
| Underhanded queen of the night | 10/20/17 |
| curious awkward background story hospital | 10/20/17 |
| trip deer antler hominid | 10/20/17 |
| passionate fanboi mexican | 10/20/17 |
| onyx embarrassed to the bone pit | 10/20/17 |
| passionate fanboi mexican | 10/20/17 |
| Slate pea-brained piazza nibblets | 10/20/17 |
| spectacular clear black woman | 10/20/17 |
| Exciting twinkling international law enforcement agency | 10/20/17 |
| useless ocher institution | 10/20/17 |
| sick saffron state generalized bond | 10/20/17 |
| tantric hell | 10/20/17 |
| trip deer antler hominid | 10/20/17 |
Poast new message in this thread
Date: October 20th, 2017 8:38 PM Author: onyx embarrassed to the bone pit seems like most pension funds are a mix of equities and bonds, but some of the bonds are issued by the municipalities themselves, and are tied into the equity market anyway. even with dow 23K, a lot of pension funds are barely treading water. what happens if there is a "correction" at some point after this eight-year run? (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34490992) |
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Date: October 20th, 2017 10:50 PM Author: chocolate contagious meetinghouse states just raise taxes and repossess homes... all to make sure the BOOMERS who retired at 50 get paid (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491850) |
Date: October 20th, 2017 8:38 PM Author: Blathering stag film The schools and roads would turn to complete shit. Oh wait, that's already happened. (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34490995) |
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Date: October 20th, 2017 9:35 PM Author: Appetizing umber national friendly grandma No one made you move to California. (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491376) |
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Date: October 20th, 2017 8:39 PM Author: Gold bateful rehab associate Poors will riot and burn down certain areas. (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491002) |
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Date: October 20th, 2017 8:44 PM Author: Underhanded queen of the night Boomers will just slap millennials with a 5% Patriotism Tax to fund their yearly once-in-a-lifetime trip through Europe (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491039) |
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Date: October 20th, 2017 8:59 PM Author: curious awkward background story hospital (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491140) |
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Date: October 20th, 2017 9:52 PM Author: trip deer antler hominid (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491474) |
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Date: October 20th, 2017 8:47 PM Author: passionate fanboi mexican pension funding is LOL but not sure what you're saying here
"but some of the bonds are issued by the municipalities themselves, and are tied into the equity market anyway"
If you're saying NYC bonds would lose money when the stock market falls because NYC's pension system owns NYC bonds, that's not correct. |
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Date: October 20th, 2017 9:01 PM Author: onyx embarrassed to the bone pit the way i have seen it described is like a feedback loop.
eg:
-illinois pension buys IL bonds -IL is able to pay on those bonds because a rising stock market eases its overall financial situation to an extent -stock market falls -IL edges closer to insolvency and cannot pay on its bonds -IL pension fund holding equities and bonds gets nailed twice (unpaid bonds + sinking equity returns) |
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Date: October 20th, 2017 9:50 PM Author: passionate fanboi mexican Pension systems aren't loading up on their municipalities' bonds. They are governed by prudent man type guidelines that prevent any significant concentration. Some governments are fucked due to their bonds and/or pensions, but not because of what you described (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491462) |
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Date: October 20th, 2017 8:49 PM Author: Slate pea-brained piazza nibblets feds probably bailout a portion (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491069) |
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Date: October 20th, 2017 8:53 PM Author: spectacular clear black woman raise taxes, cut down services and ask for bailout (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491099) |
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Date: October 20th, 2017 8:56 PM Author: Exciting twinkling international law enforcement agency death panels (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491120) |
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Date: October 20th, 2017 9:00 PM Author: useless ocher institution California is FUCKED. (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491147) |
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Date: October 20th, 2017 9:02 PM Author: sick saffron state generalized bond that's why we are importing a third-world brown population. they are used to third-world impoverishment, and they are too stupid/ineffectual to protest when this happens. (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491158) |
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Date: October 20th, 2017 9:02 PM Author: tantric hell (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491161) |
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Date: October 20th, 2017 9:52 PM Author: trip deer antler hominid (http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491469) |