kuha wrote:lonewolf wrote:Well, admittedly a self-employed oil company shill.Still the truth.
You are our very favorite "Fat Cat"!
Not that you're either overwight or feline, of course.....
Make that "Ex-Slightly Over Optimim Weight Cat"
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Make that "Ex-Slightly Over Optimim Weight Cat"
I just wanna be able to say at a cocktail party without lying that," Oh yes i was just e-mailing one of my friends in oil about this whole petrolem business in terms of the effect on stock dividens and what not." Sorry about your drop Mr. Wolf but i have hunch the prices might possible go up just a tad in the near future. Feel free to P.M with any questions you might have.
I have a couple of early 60's co-workers who were planning on retiring at the end of the year, but their plans have now been indefinitely postponed.
I've spoken to several people in the same situation. It seems to be a common thing, which is understandable given the fact that most people who are approaching retirement are planning to have a certain level of post-retirement income, and to the extent that level depends on the size of their retirement savings, they're now in trouble if they've followed the common advice to keep a good percentage of those savings in equities.
I opened mine and was shocked it wasnt lower, down about 12% but the next one could be far worse i suppose. I probably will never be able to retire so does it really matter? Just give me some honest work till i drop and i'm good. I do believe that distance running has help me in so many ways in the work place.
Most statements come on a quarterly basis. Things were down by the end of September, but have gotten seriously worse since then. Nobody knows what lies ahead. It's been a roller coaster and is likely to continue to be in the short term. All we can do is hang on for the ride.
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