I just had to cash out a dribble from my mutual funds to pay my 6 mos. same as cash motorcycle off. Ugh.
Lucky me, about 2 years ago I moved my retirement money into a safe place, playing the mutual funds game with inherited money, which I lost half of so far. I'm thinking if things start to swing back up, I may move some of the retirement money into the market.
One problem the market has is the thousands of small investors who are forced to cash out to survive after losing their jobs. Another problem is that conservatives have no confidence in this recovery plan. But the biggest problem, no credit for the wheels to start to grind again.
Good time to buy, Lou, I read on an RVer's blog he got a price below what the dealer paid for a car.
I'm rambling.
-Chuck, Vegetarian fanboy
Or, maybe I'm full of shit. Maybe a credit fix will just string us out more, and delay the reckoning. What will a "recovered" U.S. economy look like?
Edited by charin (03/03/09 05:44 PM)