3 years of low times does not make for a downfall

Post #46,542 by tablizer 7/23/02 3:46:05 PM Reply	3 years of low times does not make for a downfall The "business cycle" has been around before, sometimes big, sometimes small. However, it is true that "the end" usually comes during the lower times. If you have a weak heart, then it is more likely to "bust" while running from a grizzly than from watching StarTrek. Thus, bad streaks should be watched with care, but not enough to panic.......yet. ________________ oop.ismad.com
Post #46,651 by orion 7/24/02 12:59:22 AM Reply	If you ask me it is the 1990's all over again. We are heading towards another recession, I can feel it. Going to be really hard to get jobs and make ends meet for a few years or so. *I am free now, to choose my own destiny.*
Post #46,868 by lincoln 7/25/02 3:54:07 PM Reply	It is when... It is when: I look at my daughter's S & P 500 Index fund, which is her college fund, and it's 19% LESS then when I opened it over 4 years ago, and that's including contributions... I look at my son's S & P 500 Index fund, which is also for his college fund, and it's almost 25% LESS then when I opened it 2 1/2 years ago, and that's including contributions... (Yeah, I know: lousy timing on my part.) I look at the primary IRA fund that I opened over 10 years ago, and it currently has about the same amount plus contributions since I opened it, meaning I've lost all "profit" that this fund has ever earned. I would have more money had I just stuck it all into a simple bank savings account. I won't even get into the shakiness I have with my current job; I have no desire to HAVE TO look for one in today's economy. lincoln "Four score and seven years ago, I had a better sig"

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