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Mr. Bush, what do you mean by "the economy will be fine in the

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Raven Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 02:14 PM
Original message
Mr. Bush, what do you mean by "the economy will be fine in the
long run"? I'm 62. I would like to retire before my 80's and I need the income from my investments in order to live. You sort of have a history of ruining other peoples' finances...will these "adjustments", as you call them, ruin mine as well?
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alsame Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 02:17 PM
Response to Original message
1. Junior always forgets that we're not all
trust fund babies.
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 02:23 PM
Response to Original message
2. remember, the closer you get to retirement, the less risky your portfolio should be
Not that anything is totally safe if the whole financial system goes down.
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Jim__ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 02:30 PM
Response to Original message
3. "In the long run, we're all dead" - John Maynard Keynes.
Edited on Mon Sep-15-08 02:30 PM by Jim__
A much better analyst than junior.
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beac Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 02:32 PM
Response to Reply #3
5. Wait... I thought we were "all Georgians".... it's SO confusing,
;)
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MrsCorleone Donating Member (844 posts) Send PM | Profile | Ignore Mon Sep-15-08 05:56 PM
Response to Reply #5
8. LOL
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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 02:31 PM
Response to Original message
4. if you are not a billionaire and you plan to live on your investments...
you might want to reconsider
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Raven Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 02:35 PM
Response to Reply #4
6. Well, then I guess we all need to reconsider... I don't imagine
that I'll be able to continue working into my 80's so I'll have to live on something and we all know that SS doesn't cut it. Why is it that I have been saving all of my life?????
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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 02:37 PM
Response to Reply #6
7. our country is being looted.
I don't know how any of us will fare.

I'm not quite as old as you, but nearly, and my savings are already all gone. 40 years of working my ass off and I have nada.
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