[jcommin]

Fintstone: Plan was to downsize and walk away with some cash. It is just not as much as it was 2 years ago - I kinda mourning a loss here. Housing was the best investment in the early in the decade. I'm altering my plan. As I said in a previous post. I'm probably in better shape than most. I have savings but I'm concerned about heath care and it's cost. This is a real unknown; probably the next crises.

I had AIG stock and sold last year. Owning stock in companies that go the way of AIG, BSC and others in no fun. Pensions are lost, stock options gone, and stock holders have nothing. In the early 2000's I had World Com, Global Crossing, Exodus Communication and was wiped out. Some companies tie their pensions to their stock. I was lucky, I'm over 50 and was allowed to more out of my companies stock and I did - before it went bankrupt. I did loose stock options. I did too upset over that because it wasn't tangible enuff for me to miss.


All:
We are headed for some adventurous times. Now that a large portion of our finance community is nationalized - we holding the bag. Our consumptive nature props up the entire world.

The new order: Have - Have not and Really have.

Maybe all those futuristic movies where everything is gone and the ones left are in survival mode are more fact than fiction.