Reply #39: Morning Marketeers, [View All]

:donut: Thanks for the article. It is always refreshing to see your opinion in the press. So much of what we have come to believe on this thread (based on as too a numbers as we can get)flies in the face of the 'holler back girl' financial press. I have come to believe that the financial press is by and large a subtle and sometimes not so subtle advertising organ for Wall St.
:rant: I regret that I have lost (and I have not lost as much as some) as much as I have on Wall St and do not, at this time, see it as an appropriate investment vehicle for the average investor. Looking back, staying out of credit card debt and debt in general and relying on compounding over time would have served me better. I have a defined benefit pension (backed by the state) and Social Security. I also have money that I have set aside in annuities. If I only had the annuities or just annuities and SS, I would not have an adequate retirement in place. I hope you young pups start making plans now. Any money you spend on interest payments is money out of your pocket and retirement. Remember, there are always those that will pick your pocket. Some do it subtly (like interest on debt) or by distraction (Wall St razzel dazzle). My point is, always keep your hand on your wallet, esp when the GOP is in office.
Well, Happy Hunting, and watch out for the bears......