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Doomsday
On 7/9/2013 8:26 PM, Earl wrote:
True North wrote: On Monday, 8 July 2013 22:33:16 UTC-3, Tim wrote: On Monday, July 8, 2013 8:19:15 AM UTC-5, True North wrote: I always said that the US economy was too important to the world to be left in the hands of irresponsible 'mericans. Now you're going to screw a lot of people all over again. More like "American politicians" Don. The 'mericans have been getting screwed by their politicians for almost the last 100 years. Getting scary.. don't want to take another loss like 2008. Have to find a safe place to invest my little retirement fund. About 40% should be safe in a modest 4.7% yield provincial bond but I'm concerned about the other 60%. I don't trust the bank financial people to look after my best interests. You didn't take a loss unless you took out cash during that time. Even then, the balance bounced back. If you aren't capable, or willing, to manage your own finances on a regular basis the 4.7% yield is not bad so you should move it all there. My 401K/IRA portfolio was up a little over $4500 today. I watch it closely and change positions as needed. Nothing ventured, nothing gained. |
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