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Stock market woes......

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  • Stock market woes......

    My parents HAD BEEN looking forward to retiring next summer. However, seeing as how their retirement(through their employer) is in the stock market, those plans are now on hold.

    By my dad's accounting, they've 'lost' over $250K in the past 4 months. He jokes about 'never really having it', but I can see the worry in his eyes.....
    "When you guys get home and face an anti-war protester, look him in the eyes and shake his hand. Then, wink at his girlfriend, because she knows she's dating a *****."
    -Commanding General, 1st Marine Division

  • #2
    That is very unfortunate. I hope things work out for them, somehow.

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    • #3
      All the indicators say that the stock market will recover once all these businesses get their collective heads from their posterior regions. The stock marget was strong and it still has a good foundation so it should take back all the ground it has lost. Granted while it may take it two or three years it will get back. Meanwhile this is a god time for someone to get into it on the ground floor before it fully recovers.

      Klar
      Are you a Veteran? If so join AMVETS the only organization that accepts all vets no matter when or where they served. Contact me for more info.

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      • #4
        Remember that when things are low it is a buying opportunity. Just watch the market till it bottoms out. When it rises for a few days, get back in. It aint that hard. I doubled my retirement in one year just by manipulating the funds from one market to the next.
        "The American People will never knowingly adopt Socialism. Under the name of "liberalism" they will adopt every segment of the socialist program,until one day America will be a socialist nation without knowing how it happened."

        Norman Thomas

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        • #5
          But at least we've got Dubya at the helm. Who better to catch crooked execs than a crooked exec:
          http://www.cbsnews.com/stories/2002/...in514825.shtml

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