Re: As Warren Zevon said,
- From: Mike Brown <rockon02@xxxxxxxxxxxxxx>
- Date: Tue, 30 Sep 2008 08:06:23 GMT
Norman Draper wrote:
"Send lawyers, guns, and money... The *** has hit the fan!"
I have absolutely no understanding of what's going on with the
market. However, I do understand that my TSA and pension are both in
the stock market. I really don't know what this means... Will my
pension cease? Has my TSA shrunk to the size of a couple of beers and
a turkey sandwich at the Irish Pub?
And should I take my money out of the bank and hide it under the
mattress??
I'm also wondering what will happen (or already has) to the value of
all this glued-up wood I have around here. Not that I ever thought of
these things as investments.... I got them for and have received much
pleasure from them. I pretty much look at them as presents to friends
at the reading of my will (note to self: update the will!)..... I can
see people saying something like all he left me was this guitar, which
ain't worth nothing!!
Not that I'm worried. Honestly. But there must be some folks in this
and other countries who are being damaged.
I wish us all the best.
Norman (Life Is STILL Grand!) Draper
My allocated pension, which has been doing very nicely for 9 years, has lost $8000 of the capital in the last little while.
Enough to make me reduce the monthly pension that I draw in the hope of making it last a little longer.
Luckily my main source of income is an incremented Government pension, but I guess that even that isn't bomb proof.
The bastards who have been lining their nests at our expense deserve all the misfortune that lands on them, but unfortunately it also lands on ordinary folks who have just tried to secure their future.
MJRB
.
- References:
- As Warren Zevon said,
- From: Norman Draper
- As Warren Zevon said,
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