Posted by Tom L. on 9/29/2008, 3:14 pm, in reply to "Re: Not if you talk with your 401k manager now"
... especially since I have a son due in December and it would be nice if I could give him a good leg up early in life. I'm getting in touch with my broker as I write this.
It may sound crazy, but what Dan Akroyd said in Trading Places is absolutely true: "Sell high, buy low."
For those who are watching, that is exactly the opportunity we have right now.
Tom L.
Class of '84
--Previous Message--
: I'm not touching it; I've got it set to an
: "aggressive" investment plan and
: figure in the long term it'll pay off. It's
: just distressing seeing it getting pounded
: on right now.
:
: Still, I don't buy all the dire warnings of
: what will happen if this bill doesn't pass.
: I've been saying for some time now that this
: is the kind of thing the US needs, a good
: hard slap in the face to the excessive
: consumerism and living beyond our means that
: we've grown accustomed to.
: Just sucks that those of us who try to be
: responsible are going to be pulled down too.
: But we will recover.
:
: JR
:
:
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