I’m not too worried about it, since I’m in for the long haul on the retirement side. On the investment side, there’ll be some good bargains.
I just hope the baby boomers were smart as they got older and moved their retirement plans into safer investment vehicles.
Carolyn
My husband had a lot of stock options in his company, and for awhile we’ve been trying to figure out when to sell. In November, it went up very high after an earnings report. We didn’t sell then because my husband wanted to talk to a tax guy.
The stock dropped for awhile, and then went up to a new high, and we sold all of his vested options.
Literally, a week after we sold, the stock market started dropping, and his stock went from $60/share to $31/share.
I think God was looking after us. Our daughter had a grand mal seizure in October, and she has now been diagnosed with a seizure disorder. We’ve been having this medical drama, but God has just looked after us financially. We don’t have to worry about pay for extra therapies my daughter might need. I can still stay at home. We can just watch this financial roller coaster on the sidelines.
You mean flipper homes?
>>I just hope the baby boomers were smart as they got older and moved their retirement plans into safer investment vehicles.