The Dow
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Whatever shall we do?!
WSS
www.westsidesteve.com www.myspace.com/westsidestevemusic www.cdbaby.com/artist/westsidestevesimmons -
Whatever shall we do?!
WSS
Whatever shall we do?!
WSS
Wait until oil prices go up again and blame it on whoever is President at the time
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Whatever shall we do?!
WSS
Wait until oil prices go up again and blame it on whoever is President at the time
Wait until oil prices go up again and blame it on whoever is President at the time
Without another war anytime soon, unlikely to happen quickly. Only way is to stop the flood coming from Saudi and ISIS.
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I work in the manufacturing industry, saw this coming a couple months ago. Told my old man to get out cause we slowed down and a lot of our freight carrier drivers were also telling us how everyone else was slowing down...so it wasn't just us. Manufacturing is the first to feel the oncoming recession. My old man is diversified enough that he probably won't take a huge hit...he always rides out. But people in more high risk high reward investments....are about to get some unwelcome butt play.
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Butt play is almost never welcome.
WSS
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Butt play is almost never welcome.
WSS
Butt play is almost never welcome.
WSS
almost?
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Butt play is almost never welcome.
WSS
almost?
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Whatever shall we do?!
WSS
Whatever shall we do?!
WSS
Remain steadfast to your strategy. Hopefully we have one and, hopefully, we - once again - have the intestinal fortitude to ride this out.
Of course age has a lot to do with angst. The younger you are, the less the angst and the better the growth prospects via dollar cost averaging, etc.
The older we are, we need to feel somewhat comfortable that the risk tolerance we had built into our strategy.
In my case, I need to have a 'me' strategy and a 'wife' strategy.
The good news is my wife is more than a decade younger than me, has been the primary breadwinner for some time, works for the Town, and has about 10 more years to work.
The difficult part is precisely the age difference as my concern isn't so much outliving our money but having her outliving it (clearly assumptions made).
LOL RE: Gas prices. When people tell me how much they are saving at the Pump, I ask them if they've checked their 401(k) and / or IRA balances lately.
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My company is in manufacturing and we're taking a hit. Layoffs and shutting down some plants
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Unfortunately global markets make the economy complex and there is no quick fix.
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