MOMania

By Laraby

September 16, 2008 8:25 AM | Link to this

“moving around investments”? We’ve almost depleted our 401K just to pay bills because my husband has been unemployed or “underemployed” for several years after a car accident. I’m happy for you that you have investments to move.

By Jesse's Girl

September 16, 2008 8:27 AM | Link to this

We actaully just moved things around over the summer. I think its about as diversified as we can get right now. I know its a little narrow minded…but our primary concern isn’t our portfolio…its gas. Couple that with the rise in food staples and yes, we get way more conservative with our spending.

By parentof4

September 16, 2008 8:27 AM | Link to this

I am not really “freaking out” over them. As this year we have been doing the Dave Ramsey Finacial Peace seminar and we will only have our Mortgage left to pay for. **By the way Dave has always recommended that the majority of the 401k should go to “conservative” stocks.

But it is really making us think about the state of the US’s economy. The Federal Gov’t is bailing out A LOT of big corporations, which means these bail outs will in turn trickle down to us. We are having to look more long term at the state of the Banks and the economy. Because it is going to take a LONG time for this to turn around.

By Mike In Woodstock

September 16, 2008 8:35 AM | Link to this

Um, No. It didn’t freak me out but I would be if I were close to retiring. I’ve got about 30 years before I touch this money so it’s going to do what it does. It is shocking though seeing market fluctuations of today vs 25 years ago. Remember when a 30 point gain would be described as “solid”?

Statistics do show however that people who retire with pensions are much happier and lead a better quality of life than retirees who rely soley on their investments.

I should probably switch careers soon and find a good government job so I’ll have a secure retirement. If I can’t do this then I guess I’ll spend my days giving out buggies at Wal-Mart (assuming they are still around).

By Jeff

September 16, 2008 8:37 AM | Link to this

The biggest thing to realize is that the bigger the panic, the worse the situation becomes.

Bad things happen. Overall, they are NOT a big deal, and the more calmly people look at them and react to them, the sooner the situation can be overcome.

You cannot name a single event from 1929 that led to the complete economic destruction that was the Great Depression more than the panic of the populace.

You cannot name a single event from 1932 - 1945 that led America OUT of the great depression moreso than the determination of the populace to get out. (In the final stroke, that resolve came on Dec 7 1941 via a few Japanese bombs…)

Bad things happen.

Deal with them calmly and you will survive relatively intact.

Panic, and your destruction is assured.

By Smart Ace

September 16, 2008 8:42 AM | Link to this

I’m not really freaking out about the Dow drop either. I don’t have a portfolio to speak of and as for my 401K I changed jobs a year ago and I had to wait a year before getting my 401K started with my new company. My Old 401K I just rolled into an IRA so that money is good to go.

Also I figured I would give you guys my email address so that if you want to discuss any meet n greets like we were discussing yesterday we could do it via email and not bug everyone else with our secret plans for world domination….mwahahaa…..anyway my email is SmartAce1977@Gmail.com

No SPAM please…..SPAMERs will be shot.

By FCM

September 16, 2008 8:47 AM | Link to this

I have mine pretty diverese at moment. I don’t touch them. I am riding it out. It will rebound.

The market could not sustain double digit year over year. It had to drop. These things are cyclical…therefore it will cycle back up.

What does concern me is that the GOVERNMENT keeps pledging OUR TAX DOLLARS to BAIL OUT the mortgage industry. When did that become a government issue? I did not take out one of those insane ARMs because I knew that it could balloon and I couldn’t pay. Why on earth are we responsible for lenders giving loans to people who couldn’t afford them, based on the idea the housing market would stay high? I can tell you who should be out of work—-the people who made the loan offer!!!!!

Now the economy in general has me concerned. More and more lay-offs. Lots of jobs going to India and China.

By Skip

September 16, 2008 8:53 AM | Link to this

I HAD TO MAKE A KEY DECISION THAT LOST 7% OVER THE WEEKEND WHEN WE DECIDED TO TAKE OUR LOOSE CHANGE TO THE COINSTAR MACHINE AT KROGER FOR A $6.55 VOUCHER TO BUY A GALLON AND A HALF OF GAS! …TRUE STORY!

By ebaby

September 16, 2008 8:53 AM | Link to this

I vote for riding it out. I am only 29, so I wasnt planning on retiring any time soon :( or needing the money. My other investments are at WAMU and I double checked to make sure everything was FDIC insured. Which lead me to read about the FDIC on wikipedia. I feel much better about these stock market crashes now that I know more about the FDIC.

By motherjanegoose

September 16, 2008 9:06 AM | Link to this

I am with FCM. We buckled down for a 15 year mortgage six years ago and then had some job issues here…hence I am working more ( sorry for the personal illustration). We have 9 years left and will be gleeful when the day arrives. Why do WE have to worry about those who are extending themselves and buying what they cannot afford?

FYI rudeness begets rudeness…pay attention class and let’s try to have a respectable day.

Anyone having a birthday….LOL!!!

By ebaby

September 16, 2008 9:07 AM | Link to this

As far as making daily changes in my life- we have decided to keep enough “cash” in the bank incase I get laid off so that we can get by a few months without having to feel the change. We agreed to 3 months of back-up salary. My husband was hesitant, but I think seeing the numbers and hearing of people in my office getting laid off convinced him. He likes to rely on the bank of mom and dad, which I am not a fan of. I like to keep his parents out of our finances as much as possible.

Groceries- I think there are ways to buy wisely, but food is a necesity. We have cut down on restaurants as a measure.

By Numbers Guy

September 16, 2008 9:11 AM | Link to this

Jeff nailed it. Unreasoned panic will do far more harm than any actual shortcomings in the economy’s fundamentals.

It works kinda like this - take an investment firm with some issues, but fundamentally sound. Start a rumor that they’re experiencing capitalization problems. Their account holders rush in to get their cash out “before it goes belly up”. This actually CREATES a cash problem where there may not have been one before. It’s the ultimate self-fulfilling prophecy. I’m not saying that this is the sole cause of what we’re seeing - some companies simply mismanaged their assets, and are paying the price. However, it wouldn’t be nearly so extreme without this phenomenon, and this sequence of events may indeed be solely responsible for a couple of the collapses we’ve seen.

If you need the money within 7 years, you should probably be more conservative in your asset allocation, but you shoulda been there regardless of what the market is doing. If you have a longer term (retirement assets) and a solid set of diversified stock holdings, sit tight and ride it out. Sorry to hear that your hubby joined the panic squad.

By Lee

September 16, 2008 9:16 AM | Link to this

I’m shocked that people don’t appreciate their investments! After all, the conservatives invested in a lack of government, a lack of government regulations, a lack of government oversight, so businesses can go it on their own without interference.

Sarah Palin and John McCain are still pushing this agenda- trust your investments to individuals who win during crashes, while your money goes down the toilet.

You have gotten the benefits of your trust in neo-conservatism and small government- you should be rejoicing, not crying, because you have learned a valuable lesson. Oops! I forgot- most of you will still vote Republican again at the next election. So enjoy your lighter losses in investments now- they will be higher during the next eight years under McCain!

By JJ

September 16, 2008 9:21 AM | Link to this

No, I didn’t freak out either. I still have several years for it to level out before I start drawing on it. But now is definately the time to buy. So I think I will be adding to my portfolio. That, and I try to stash more cash around the house.

Smart Ace Nice to see a sensible post from you!!! The big 3-1 must be making an impact on you. ha ha

By EmilyPorter

September 16, 2008 9:22 AM | Link to this

Ha! I thought I would come over and check before I logged off. There she is folks. 8:27 in the morning and Jesse’s Girl has started her busy day of lounge act singing, wifing and mothering. Sorry I mean Jesse’s Girl has started her busy day blogging with her cyber buddies because she has nothing else to do. Okay then. See ya!

By JJ

September 16, 2008 9:34 AM | Link to this

Ms. Porter Thanks for drawing that to our attention.

If you don’t like, please leave. I happen to appreciate JG and enjoy her blogging. Who cares what time or how many times she posts. Don’t like it, leave.

But I have a feeling you will stick around here. We’ve coaxed worst offenders than you to join in with us. It is alot of fun.

But, you probably wouldn’t know fun if it bit you on the hind side…..

By Smart Ace

September 16, 2008 9:42 AM | Link to this

@JJ

Well I still think most of you people are LAME. It’s just that some of you are less LAME than others…

Must be the love I get from you guys here even though I make fun of all of you…..it’s crazy

By scott

September 16, 2008 9:42 AM | Link to this

We have been seeing warning signs for the past two years. Not to mention that AIG and Washington Mutual are days from their own financial demise. If we take a long look at how and WHO got us in the mess it boggles the mind why this election is so tight.

This economy has been and is a pig. Put some lipstick on that!

By Jeff

September 16, 2008 9:53 AM | Link to this

To those who say that the right side of the DemoCan/RepubliCrat (take your pick, they mean the same) party is to blame:

Well, you are partially right.

The truth is, it is the ENTIRE DemoCan/RepubliCrat Party that is to blame.

Isn’t it rather telling that NIGERIA has more valid elections than our own????

Heck, at least the old USSR, CHINA, CUBA, and NORTH KOREA are HONEST about only having a single party…

By JJ

September 16, 2008 9:58 AM | Link to this

Well Smart Ace I love everyone. Some less than others, but usually I get along with everyone and maintain a sense of humor…..

Life is too short for hatin….

kumbaya folks!!!

By Sarah

September 16, 2008 9:59 AM | Link to this

No, I am not freaking out but I am not a happy camper either. Although I am quite some time away from retiring and using my 401K money, as well as other invetsments I have, this is the time my 401 should be ‘padding’ itself with my future and not losing money or staying dormat. Although some readers say I am in this for longterm, yes you are…but this is when you are suppose to be making the money you’ll someday live on. This has me worried but I am not on the edge of a building aabout to leap. I may reconfigure my investments, at the very least. Never outlive your money, never.

By HT

September 16, 2008 10:09 AM | Link to this

In Jan. ‘08, as I was approaching my 69th, We left the market and went to short term safe items such as cds , etc. I expect to begin using my SEP and other “quick to get to’s within about 3 yrs.

What would you do in a similar situation?

By Jesse's Girl

September 16, 2008 10:13 AM | Link to this

Ms. Porter…thank you for keeping me in your thoughts. Its nice to know that I am on your mind so often:)

By Brad

September 16, 2008 10:14 AM | Link to this

Well, if it tells you anything over the last three years my sportsbets and poker winnings far exceed the earning from our mutuals and IRAs!!

By JJ

September 16, 2008 10:18 AM | Link to this

JessiesGirl I think EmilyProctor has a little cyber crush on you. Did you happen to see her very last post on yesterday’s blog? I sense a little jealousy….

By brad's alias

September 16, 2008 10:24 AM | Link to this

Ah, yes - the last three years of government. Isn’t that about the time Pelosi, Reid and the rest of the Democrat’s took control of Congress? Inquiring minds want to know!

Maybe THIS is why “the election is so tight”.

By Jesse's Girl

September 16, 2008 10:29 AM | Link to this

No JJ…I don’t think she’s jealous. Just bored. I don’t know about you guys, but I keep this page minimized while I work…I really do enjoy “talking” to you all. Pay no mind to the man behind the curtain!!

By Smart Ace

September 16, 2008 10:30 AM | Link to this

Has a cyber crush on JJ.

By Another point of view

September 16, 2008 10:31 AM | Link to this

Folks, we are watching the fall of an empire. I recommend putting money in the euro or yen because the stocks were overvalued anyway.

We have no leadership and no industry to lead us out of this situation. Our debt is at least 5 times whats reported and about to go higher and now the big guns cant even hide their inadequacies.

Take some money out of the banks altogether and keep it on hand so when folks start making a run on the banks you wont have to wait months to get your money.

My .02

By JJ

September 16, 2008 10:33 AM | Link to this

Oh, I do enjoy the talking myself. My work has really slowed down, so I need something to occupy my time…..

By Eweezy27

September 16, 2008 10:37 AM | Link to this

I am surprised to see all these people not so wirried. It’s such a breath of fresh air! I am in the business and am so sick of people freaking out, wanting to sell everything. It seems to me that you bloggers here are smarter than the average bear :). Markets go up and they go down. Panic selling is not the way to go. Batten down the hatches, suck it up and understand it WILL recover. It always does.

The greed of the last 10 years or more has finally caught. So many people have been trying to keep up with the Joneses and now, we are feeling the effects of that. That balloon had to deflate at some point.

We haven’t seen the bottom of it all yet so be prepared!

Hey, it could be worse, you could work for Lehman.

By B

September 16, 2008 10:40 AM | Link to this

We are very concerned as we were hoping to retire by the age of 70. If our 401Ks drop any further we will not have anything left. We are in our mid-fifties so have about 12 years left to put enough in the 401K to live on. We max on the % and have matching from employers but it will not be enough. Luckily only 8 years left on mortgage but have one in college and one more to go.

The kids know things are bad right now. Older is very aware as she is in college and sees what is happening to her savings. Younger just knows that we don’t eat out anymore, don’t go shopping for anything but essentials like food and watches the gas prices daily.

We both have very good positions but my husband has been let go in downsizing 4 times in his career so we are very aware of the dangers of the economy tanking as it has. My job is probably a little safer but that could change with the wind. With that said, saving $$ is important but where you put them is also important. We have ready cash in FDIC insured accounts and pay off the credit cards every month. We made it through the eighties so hopefully we can get through this.

By JJ

September 16, 2008 10:49 AM | Link to this

Back at ‘cha Smart Ace…… ;)

What I feel for, is those 26,000 people at Lehman who now have to look for jobs in this economy. Bless their hearts. I am so glad I don’t have to worry about that (just yet.)….

Stash the cash!!!!

Those of us with stock investments should just ride it out. The stock market is definately long term, and just leave stuff put. It will balance itself out eventually.

By Numbers Guy

September 16, 2008 11:01 AM | Link to this

The worse part is the job losses. Yes, this is all temporary when looked at in the long term, but that doesn’t make a difference if your company gets caught in the hysteria and you get canned. To me, that’s a MUCH bigger worry.

By Lissa

September 16, 2008 11:09 AM | Link to this

Nope, we’re riding it out. We’re certainly not happy about it, but we have quite a while before retirement and don’t plan on touching any of those funds until then anyway. I made some adjustments to my 401k earlier this year, but other than that, I’m leaving it alone.

I also try not to look at the statements - it’s just depressing!

By Another point of view

September 16, 2008 11:10 AM | Link to this

Not to cause panic but everyone feels secure because the govt is coming to the rescue. The problem is the govt will need to be bailed out shortly. The old “it’ll come back” theory just doesnt apply here.

China has our jobs and our wealth. It was a matter of time before our system imploded.

I can imagine the romans didn’t see the fall of their empire coming either.

Whats really amazing is that everyone was up in arms over Clintons activities in office but Bush has screwed the nation and nobody has raised a finger. Not that its all Bush’s fault but have you ever in the history of the world seen or read about such a useless world leader? Ok, maybe one or two but he’s right up there. LOL

Btw, this is only the tip of the spear. We have some major problems coming down the turnpike. SS, the end of the gas supply and on and on. What we call a reduced standard of living will oneday soon be called the good life. LOL

Not doom and gloom but no rose colored glasses either.

Notice the only ones telling you to keep your money in stocks are those profiting from it.

By John Pierpoint Morgan

September 16, 2008 11:12 AM | Link to this

Sell your stocks on any rallies and put the proceeds away in FDIC insured cash accounts.

The Buy and Hold strategy is the fool’s gold that the Wall Street brokers peddle to the masses.

JPM

By Noelle

September 16, 2008 11:15 AM | Link to this

I’m not changing my investments. I’m 20 years away from retirement, so the only thing a stock market drop really means to me is that my current contributiosn will buy more than they did a week ago.

My shorter-term savings are in a regular bank account, not stocks or mutual funds. And I’m a federal employee in an already short-staffed area, so my job is about as stable as it gets.

The only change I’ve made was unrelated to the stock market: dropping a planned short-distance trip over the weekend because of the huge jump in gas prices.

By HB

September 16, 2008 11:28 AM | Link to this

I most definitely would not move around my 401K investments right now. Things are really lousy right now for people hoping to retire soon, but for those of us looking at 20+ years (30+ in my case), why would you freak out and sell low? Ride it out. I’m also fortunate to be in a workplace that does not pool contributions to invest at the end of the year. Both my and my employer’s contributions go in every pay period. I am constantly investing at current market prices, so when my investments are down, I’m also buying in low. Over the long-term, I will gradually shift to a more and more conservative portfolio to reduce my risk when I have less time to recover losses.

By Smart Ace

September 16, 2008 11:51 AM | Link to this

So um I like the stock market and all but are we doing this meet n greet thing or what?

By itpdude

September 16, 2008 11:54 AM | Link to this

I’m not freaking out. I moved most of my stuff into bonds about a year ago. Two matured 3 weeks ago and I am today putting that money in to the stock market. Some stocks took a huge hit yesterday because of the herd. I’m now taking advantage of the herd freak out. It will recover.

By Stimus

September 16, 2008 12:03 PM | Link to this

Freaking out? LOL - no. This is a great buying opportunity if you are a decade or more from retirement. Getting out of debt is the best remedy for riding out market gyrations, among many other benefits.

Discover Dave Ramsey pronto if you haven’t already.

By delois

September 16, 2008 12:26 PM | Link to this

We’re not freaking out. After turning 55 last fall, I left my Perimeter area job and moved my 401(k) money to something safer. I also moved to a job that’s only 8 miles from home versus 28 miles. Only debt we have is our house, son is through with college and all our cars are paid for. We are sitting back and enjoying life and looking forward to retirement. We’ve been following the Dave Ramsey routine long before Dave Ramsey came on the scene.

By FCM

September 16, 2008 12:28 PM | Link to this

China has our jobs and our wealth. It was a matter of time before our system imploded.

AMEN!

Scared of that—-you bet.

Also, YES thank your CONGRESS for the current MESS. No Pres Bush is not absolved of it all….neither are the people who farmed the jobs out to overseas.

By DoomandGloom

September 16, 2008 12:43 PM | Link to this

This isn’t a buy opportunity, it’s the tip of the iceberg, and if your 401 is in stocks you’re sitting on the deck of the Titanic! The NASDAQ peaked around 5000 in the height of the dotcom boom. Please wake me when it gets back to 5000, but it might be tough because I’ll probably die before then.

By DH

September 16, 2008 1:04 PM | Link to this

I’m not freaking out, but I’m somewhat concern about 401k unlike others. I’m not trying to work my whole life just to build up to retire decent, so I’m not going to freak out but I’m not going to lose out either.

By S Shiver

September 16, 2008 1:04 PM | Link to this

I’ve ve said it before and I’ll say it again we need to amend the constitution and give George W. Bush a 3rd term. He is the only one who can lead us out of this mess.

By Jason

September 16, 2008 1:09 PM | Link to this

“The Buy and Hold strategy is the fool’s gold that the Wall Street brokers peddle to the masses.”

Actually, Wall Street brokers make no commission if you buy and hold, so I don’t think that’s a strategy they’d “peddle to the masses.”

By OhTheDrama

September 16, 2008 1:13 PM | Link to this

“Freaking out” may be too harsh a term. However, I’m not ignoring the economy either. It’s disheartening to see the markets suffer like they are because the financial opportunities that were once there have gone on hiatus. It make me feel I missed the boat not having capitalized on it like I should have. It just means that my kids will have to make it to college with what I’ve been able to earn and what they can borrow.

By Smart Ace

September 16, 2008 1:38 PM | Link to this

Would have though somebody would have sent me an email by now……where’s the love?

By Lawrence1936

September 16, 2008 1:43 PM | Link to this

Freaking Out, NO. Last time this happened, I did not change any of my portfolio and I came OUT in about six months better than I went in. No changes for me Lawrence1936

By JJ

September 16, 2008 1:47 PM | Link to this

Smart Ace You’ve got your love baby….go check your e-mail…..

By PH

September 16, 2008 1:48 PM | Link to this

Yes, I am freaking out. I work for AIG and their is so much tension in the air you could cut it with a knife. I don’t know if I will have a job tomorrow. And even if AIG comes out of this, we have lost so much consumer confidence, that many of our customers will probably go elsewhere, and I will still lose my job.

By Smart Ace

September 16, 2008 1:58 PM | Link to this

Thanks JJ. Cool I sent you a response.

By JPM

September 16, 2008 1:59 PM | Link to this

…so I don’t think that’s a strategy they’d “peddle to the masses.”

so where does that mantra come from? Look at how many people on this blog subscribe to that game plan.

Anybody on here holding tech stocks since pre-2001? Anybody holding Asian mutual funds that were bought as recently as 18 months ago?

Caveat Emptor

Its only your money.

By hankgreenburg

September 16, 2008 2:45 PM | Link to this

PH -

No wonder the company I built the past 50 years (AIG) is in such dire straights today, with employees like you surfing the net rather than working!

Our core insurance balance sheet remains strong, and our customers are not going anywhere. AIG will be here tomorrow, but I am not sure about you having a job tomorrow after I regain control!

By AIG serf

September 16, 2008 3:00 PM | Link to this

Uhh—Hank—-didn’t they fire your crooked a** for cooking the books?

AIG Serf

By hankgreenburg

September 16, 2008 3:17 PM | Link to this

AIG Serf -

Yes, but I was framed - they got Spitzer and his girl thanks to me, and those GenRe guys and a couple of my underlings, but nobody had enough to indict me!

And, you, too, will not have a job once I return to power!

By JJ

September 16, 2008 3:32 PM | Link to this

Why do I get the feeling there should be a “mwaaahhaaa” after hankgreenburg’s post?

By AIG Serf

September 16, 2008 3:47 PM | Link to this

Hey Hank—how are the gazillion shares of AIG stock you and your family own doing these days?

chachiiiing.

By SexPolice

September 16, 2008 3:52 PM | Link to this

Hey JJ—-are you and Smart Ace having conjugal relations on this board??

SP

By Smart Ace

September 16, 2008 4:05 PM | Link to this

Uh oh JJ I think they are onto us…..What should we do?

By DB

September 16, 2008 4:07 PM | Link to this

No, I don’t move around investments on a panicked whim. Dips and fluctuations in the stock market are to be expected, but if you are in for the long haul, usually leaving your investments in place results in an appreciable gain in the long run. Yes, occasionally there’s a switch here and there, based on what we feel to be long-term market strategies, but as far as panicking — no. But then, I’m not planning to retire anytime soon, either.

And as far as managing our current income and expenses, I would strongly recommend the Dave Ramsey financial plan to couples who are at odds or confused on financial goals and strategies. It has really helped us crawl out of debt and get our financial house in order. We’re still in the first stages of it, but my, oh, my, what a sense of empowerment it is.

And I have to admit — I’m really eyeing a scooter to do short local errands and to go back and forth to work (I work 2 miles from home) instead of using the car. The fact that my kids think that I would look ridiculous on a scooter “at my age” is just the incentive that I need! :-)

By tim j

September 16, 2008 4:32 PM | Link to this

PH - and you should worry. I’m an agent and the phone has rang off the hook today with clients wanting out of AIG. I sure won’t be writing any business with you guys anytime soon.

By motherjanegoose

September 16, 2008 6:47 PM | Link to this

DB… when my son was getting ready to get his driver’s license, I had a plate on my car that said MOTHER GOOSE. He informed me that as long as I had that plate on my car…he would NEVER be driving it. My reply, ” Oh really….I guess you will always be sharing with Dad!” LOL….go for the scooter…just to stress your kids out. Dinner time!

By Jesse's Girl

September 16, 2008 6:58 PM | Link to this

My 58 year old neighbor has one. The little booger drives it like she stole it!! I do ebny her gas savings….

By Jesse's Girl

September 16, 2008 6:58 PM | Link to this

I meant “envy”

By Alecia

September 17, 2008 7:48 AM | Link to this

Opportunity!!!Freak out???? Blue chips were on sale, so I bought some. Staying away from financials for awhile, but gobbling up cheap household name stock.

By JJ

September 17, 2008 8:09 AM | Link to this

Smart Ace Act natural, lay low, they won’t get suspicious…..and wipe that “cat ate the canary” smirk off your face!!!!

By FCM

September 17, 2008 3:07 PM | Link to this

“These days, many people are wondering what our government will do to stop the insanity. Yet, in a capitalistic society that relies on a free market system, we should only look to the government to guide and regulate against fraud and the manipulation of the system. Sometimes known as a laissez-faire philosophy, the government has a role, but it is not to be a business partner and a sugar daddy there to provide a backstop to the bad business practices of the banking system.” Now there is why you should panic…not in the market but in the direction we as a country are headed!

Full story here: http://blogs.moneycentral.msn.com/topstocks/archive/2008/09/16/the-fed-is-not-our-sugardaddy.aspx

By Mary Beth

September 17, 2008 5:26 PM | Link to this

DB, I have had a scooter for a little over a year and love it. I run my close-by errands on it and it runs on one gallon of gas for about 90 miles. They are not expensive to buy and run great!

By FCM

September 19, 2008 8:38 AM | Link to this

“Congress vows swift action” <—-headline today’s AJC…..This is who you have to blame folks. They are using your DOLLARS to bail out companies…many of whom are outsourcing the jobs!

By Steve

October 7, 2008 2:06 PM | Link to this

Who cares? Unless you are about to retire you are fine. I am 31 and have $30K in my 401K. Now that the market is down, I am buying more and more at a lower price. When it goes back up, all will be well!