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Before the economic rout, you could rely on certain iron laws of personal finance. For example, it was a given that house values didn't fall. Money-market funds never lost a dime. And no matter how ugly the market, expert mutual fund managers could protect you from drastic losses.
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Last edited by sweeps; 03-17-2009, 10:54 AM. Reason: Full text removed due to copyright concerns... original link provided below -
It sure is a great time to save and have heaps of savings....less stree and more sleep at night.
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Toto pulled back the curtain - not pretty but very revealing. I'm looking forward to the creativity that will come out of all this.Comment
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I understand why this time period is being called unprecedented...but really, I don't agree. This is the same pattern as any other recession...or depression...or panic...
The only difference is, it's more global, but then IMHO that's a product of technological efficiency in transactions, not of totally new marvels in how we think about money.Comment
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LOL this will be good.
What next...Comment
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