boltonblue

How the crisis of credit worked visual

boltonblue

market closed at 6763. off three hundred.


lowest close since april 1997.

Bass

bill and zippy will blame Clinton

Lainey

So in our late thirties, early 40's we decided to get a bit more serious about saving for retirement, even more so in the last five years. Guess where we saved all of our $. Yep the stock market. The stock market which closed at it's lowest point since we started saving.....thankfully I did listen to my gut on a few occasions and put some money in "boring stuff" that didn't earn much. It hasn't lost much either.

I wonder if perhaps we should have taken more vacations and pi$$ed the money away. It would have felt a lot better to sit on the beach in the Caribbean more than we did, and enjoy our hard earned $, than feeling like we flushed it down the toilet.

Yep.....We'll be working until we are 85.

Bass

burn baby burn

Lainey

I guess we might.

We'll have to start that S2000 member commune after all.

Cubs2k

Baby boomers are screwed....what is worse......they need to stay working...disrupting the entire chain of promotions, retirement and entry level jobs.

BB are screwed and so are most recent graduates......MBAs are gonna be worthless in three years.

Lainey

And we are not happy about working until we drop dead.

zzziippyyy

nah, I blame Obama... and I happy as a clam as I have $0 in the market now its all in saving mode making me a paltry 4-5% annually right now. But hey 4% is better than losing 50%

Bass

yup you know it's bad when stuff like this comes out

http://money.cnn.com/2009/02/28/news/compa...rtune/index.htm