Comments on: The ostrich theory of investing

By: marsha chesbro

marsha chesbro — Wed, 03 Dec 2008 09:54:52 +0000

i very upset and sixty,single.i ve worked two jobs for years to save for retirement.i want to retire at 62.iam sick.and tired.work is very stressful.i can see why people commited suicide in 1929.i tell the young people just spend it all and who cares.

By: dustbury.com » Linked be he who first cries, “Hold, enough!”

dustbury.com » Linked be he who first cries, “Hold, enough!” — Tue, 14 Oct 2008 16:22:18 +0000

[...] the only one I can defend in this age of Politics as Comic Opera. (Your mileage may vary.) Example: I still haven’t looked to see what damage may have befallen my 401(k), which fact caused one of the Office Babes (this one, in fact) to look at me as though I were Nero [...]

By: fillyjonk

fillyjonk — Wed, 08 Oct 2008 11:38:13 +0000

To revive an old joke from a previous downturn…

I’m considering investing it all in CDs.

Perhaps the James Brown box set, maybe some Motown….

By: Tatyana

Tatyana — Wed, 08 Oct 2008 02:49:53 +0000

I have reshuffled my 401K into Large and Middle Cap. All of it.

By: Brian J.

Brian J. — Wed, 08 Oct 2008 02:27:16 +0000

I bought some stock today.

Of course, it’s all liquor and firearms stock, which I think might do well in the downturn. At least until it’s time to use the actual liquor and firearms commodities.

By: fillyjonk

fillyjonk — Tue, 07 Oct 2008 22:44:16 +0000

I’m not exactly sure how many I’m away (I will meet the state’s “rule,” or at least what it was when I started working [years of service+age = 90] when I’m 60, but barring some health issue or a massive frustration with the student body of 2039, I’d hope to be still working. But that being a state pension, one can never be 100% sure of its continued existence).

I don’t plan on Social Security still being there for me. I consider it my “contribution” (involuntary, but what the heck) to help the folks who are retired now. (I felt happier about it when my auntie was still alive and I could at least put a face on “who” I was “helping” but whatever.)

I stopped looking at my TIAA-CREF and Vanguard statements sometime back in March.

I’m just hoping that interest rates don’t drop to the point where the bank starts charging ME for storing my money in a savings account….

By: Dick Stanley

Dick Stanley — Tue, 07 Oct 2008 20:41:49 +0000

Good advice even when you’re retired, like me. Don’t look, don’t worry. Markets go down, but they also go up. This one will, too.