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    #1

    US Stock Exchange!!!

    OMG! At this rate, I'm going to have to work until I'm 80! :upset: Then retire to my pup-tent.
    "It wasn't all I wanted, but all I could stand!":bigwink: Alcohol free since April 8, 2008
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    #2
    US Stock Exchange!!!

    Very scarey day on Wallstreet!
    :l
    LTG AF January 13, 2011

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      #3
      US Stock Exchange!!!

      ME TOO !!!! WHAT A NIGHTMARE...Almost as bad as after 9/11...Need to change advisors or maybe CDs are not such a bad idea,after all...
      sigpicEyes on the PRIZE, a SOBER Future !!!

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        #4
        US Stock Exchange!!!

        Trying to ingore it, so it doesn't give me an excuse to mess up my 5th day AF :shocked:
        Today is my next day AF.

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          #5
          US Stock Exchange!!!

          I have had a pit in my stomach all day worrying about this. It is scary stuff.
          I'm really easy to get along with once people learn to worship me

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            #6
            US Stock Exchange!!!

            Hubby has been trying to reach our advisor for hours...the phone is busy...Scary stuff,is right..
            sigpicEyes on the PRIZE, a SOBER Future !!!

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              #7
              US Stock Exchange!!!

              Me,too, Lush. All of our retirement,savings, etc., are tied into public utilities, and they're OK for now. But after 9/11 I had friends who lost over a million $ in one day. And these aren't young people - it was their retirement. Now is the time, tho, to buy property if you can. You certainly can't sell any of it right now. Best friend is Real Estate Agent, and she's hungrey!
              sigpic
              Never look down on a person unless you are offering them a hand up.
              awprint: RUBY Imagine yourself doing What you love and loving What you do, Being happy From the inside Out, experiencing your Dreams wide awake, Being creative, being Unique, being you - changing things to the way YOU know they can BE - Living the Life you Always imagined.awprint:

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                #8
                US Stock Exchange!!!

                Thousands more people out of work, with no jobs they're trained for available.
                sigpic
                Never look down on a person unless you are offering them a hand up.
                awprint: RUBY Imagine yourself doing What you love and loving What you do, Being happy From the inside Out, experiencing your Dreams wide awake, Being creative, being Unique, being you - changing things to the way YOU know they can BE - Living the Life you Always imagined.awprint:

                Comment

                  #9
                  US Stock Exchange!!!

                  I grew up in a very modest household. Dad was blue collar, mom didn't work. They bought a little stock, inherited a little stock. By the time the estate came to us kids, total value was $1,000,000. The lesson is: just hang in there. It is not the time to change anything. My parents never considered selling any of it, just used the dividends.
                  My life is better without alcohol, since 9/1/12. My sobriety tool is the list at permalink 236 on the toolbox thread under monthly abstinance.

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                    #10
                    US Stock Exchange!!!

                    Bloodletting!

                    Best, yes, you are right, it will be ?Freedom 95? for us older wage earners.

                    I am wading into this discussion because I am loosing money by association. Fortunately our Government wisely limited my foreign investments to 30 % of my portfolio in my RRSP (or 401K?).

                    The present state of the US economy is the direct result of the Republican doctrine of non- interference in the market place by the Legislature. The last eight years brought an orgy of de-regulation, initiating an apocalyptic free-for-all in the Market Place; consequently sanctioning bottomless greed and limitless access to the bottom line for a few, while leaving the current and future workforce with a TRILLION dollars of tax debt to pay off the bail outs where applicable.

                    How in the name of God did they (present administration) convinced themselves that the market (financial, insurances, mortgage lenders etc.) would simply and miraculously become ethical overnight and self regulate their actions? That enabled Enron to do what they were able to do for so long. It also opened the doors to the present mortgage and housing crisis and the demise of the Fanny Mae?s, Bear-Stearns, Merrill-Lynch, Lehman?s and that is just the top of the iceberg. The fallout has not even started. If there is no Regulatory impartial body in place to oversee the dealings of certain crucial legs of commerce, they will push the envelope until Armageddon.
                    It?s almost as if asking a felon to be his own jury.

                    It will be a slow and uphill battle before the international community begins to have a semblance of confidence in the US economy again and the decisions that come out of Washington. The Global Economy has shrunk our planet and every action has far reaching and immediate consequences.

                    I am at a total loss. Would somebody please explain to me how much more pain and sacrifices the American Electorate is willing to suffer presently and for future generations, before they opt for radical change?
                    *Definition of Insanity: doing the same thing over and over and expecting a different result* Albert Einstein

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                      #11
                      US Stock Exchange!!!

                      ?
                      *Definition of Insanity: doing the same thing over and over and expecting a different result* Albert Einstein

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                        #12
                        US Stock Exchange!!!

                        Just hold tight GUYS...Chicken little was wrong...THE SKY IS NOT FALLING..Its just the world adjusting it's self to the changing times..
                        sigpicEyes on the PRIZE, a SOBER Future !!!

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                          #13
                          US Stock Exchange!!!

                          The stock market should be revised ! These companies think that the US economy is their own little casino ! The govt. has to take greater control. We have all these CEO's making millions for screwing up ! I'ld like a job like that.....getting paid for screwing up ! I thought you just get fired for that !!!IAD
                          ?Be who you are and say what you feel because
                          those who mind don't matter and those who matter don't mind.?
                          Dr. Seuss

                          Comment

                            #14
                            US Stock Exchange!!!

                            Evie is right - the financial markets are simply correcting themselves. As long as you are diversified in your investments you will be fine. Not trying to be flippant, but why get upset and worry about something we have no control over? If you want to make yourself heard, make sure you vote in the upcoming elections as the candidates have fairly divergent views on how to fix it.

                            Funny thing is, we never saw people questioning all the money they were making a couple of years ago off of real estate....
                            Sobriety Date: June 15, 2007 -- "It's not having what you want, It's wanting what you've got...."

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                              #15
                              US Stock Exchange!!!

                              It was'nt me AA Ha! Matter of fact the stocks I have seem to lose money...... I'ld fire my advisor, except it's me Ha! IAD.
                              ?Be who you are and say what you feel because
                              those who mind don't matter and those who matter don't mind.?
                              Dr. Seuss

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