(no subject)

[lesbiassparrow]

1. I foresee that in every episode of The Mentalist people will foolishly doubt Simon Baker's word only for it to turn out that he spoke TRUTH. I can live with this.

2. I am dealing with the banking crisis by planning on never opening those reports on my meagre retirement savings. And, no, I will not chucking more money into those accounts to make up what has been wiped out as several people on the TV suggested I should: YOU ONLY FOOL ME ONCE, YOU BASTARDS, IT'S ALL GOING IN MY MATTRESS FROM NOW ON.

3. Also, I am also astonished by the fact that most of the people on my telly offering me sage advice on how to deal with all of this are the very people who appear to have been employed by the very industry which managed to plunge us all into this mess with gay abandon. You know what? If I have to listen to you give me advice which comes too late, I want to see a CV: if it says 'bought crappy investments and didn't care' on it, I reserve the right to decide to invest in my mattress (see above).

Comments

[unusualmusic.livejournal.com]

Re. No 3? HELL YES! And the outrage of the journalists who have been talking nonsense half the time is so goddamn irritating, as well!

[lesbiassparrow.livejournal.com]

I just find it annoying that no one nowhere says that maybe the lesson we should learn from this is that having people's comfortable old age dependent upon what state the stock market is in is a bad idea.

[lovinlorne.livejournal.com]

I was just thinking about going for #2 myself, figuratively speaking. Should I pull my 401k funds out of the stock options right now, convert everything to fixed and ride it out that way? Or leave it so that one minute I have $$, then the next I have $, and the next I have $$$?

The only bright spot is that I don't retire for quite some time. Then again I'm not working at all, so I'm sort of "retired" already.

[lesbiassparrow.livejournal.com]

At this point I am leaving it where it is - god knows what state it is in now and I have no idea of what to invest in anyway because it seems like even respectable things are actually a house of cards.

I don't retire for some time either, but how on earth do I know that we won't be back in this state when I do retire? People keep going on about 'necessary corrections' that markets have from time to time, so I guess they see this like the seasons? MATTRESS, I TELL YOU, THAT WAY AT LEAST I KNOW WHERE IT IS.

[lovinlorne.livejournal.com]

I am too. The majority of my 401k is Target Corp. stock, and while it has gone down over the past year and a half, it's still doing better than most.

I have to figure that Target is one company who should come through this in fairly good shape. I hope. My husbands job, not so much, but our fingers are crossed.

It's a scary time to be depending on the Retail Gods, that's for sure.

[lesbiassparrow.livejournal.com]

Target should be fine; that and Costco are going to be the shops of choice for many people from now on.

I am horrified to realize that I don't know where most of my money is invested in (beyond that it was in one of those ethical investment things, though I remember they had some odd ideas of what ethical investments were); I would check but it would be too depressing right at the moment.

[gfrancie.livejournal.com]

listen to suze orman's advice. It is solid.

[lavidaessueno.livejournal.com]

Re #2: I have lost $40K in six months. There is no way I can make that back up--it took me years to save it in the first place. Loss of that much capital has a long-term impact, thankyouverymuch, and I am seriously pissed off about it.

[lesbiassparrow.livejournal.com]

The very suggestion that I should decide to happily fling more money (which I don't possess) at a market where no one knows what is about to happen in the vague hope that when I retire this is not reoccurring strikes me as vaguely insulting in its belief in my stupidity. How about I just wait and see how the whole 'let's make your old age dependent upon the vagaries of forces you can't control' thing works out first?

[gfrancie.livejournal.com]

we lost 10 percent of our 401k in the space of a day. We probably lost a whole lot more yesterday.
I am attempting to remain calm by going with the theory that my husband and I are young and can ride this shit out. I am just going with my family broker's long held advice about staying cool and calm.
Because otherwise? I would weep into my tea.

[oxymoron67.livejournal.com]

My sisters and I have just come to the conclusion that we'll never, ever be able to retire.

[lesbiassparrow.livejournal.com]

I figure the only way I could retire is by winning the lottery. Or taking up crime. The first is less risky in terms of jail time, but the second seems like a more realistic option.

[gfrancie.livejournal.com]

There is always part-time prostitution.

[oxymoron67.livejournal.com]

I don't know. Pimping out my sisters just seems so harsh.

[lesbiassparrow.livejournal.com]

Well, you could always be a gentleman and sell your virtue first...

But remember: strike a good bargain. I learned from Tom Jones that a fortune can be made selling your virtue but only if you go about it with good business sense.

[lavidaessueno.livejournal.com]

Oops, sorry, meant that as a general reply to the entry!

[gfrancie.livejournal.com]

no worries!

[nutmeg3.livejournal.com]

I love you when you're ranty. Also, I agree with you.

[lesbiassparrow.livejournal.com]

My plan for surviving the crisis is selling people hollowed out mattresses to put their spare change and canned goods in.

[tatterpunk.livejournal.com]

I foresee that in every episode of The Mentalist people will foolishly doubt Simon Baker's word only for it to turn out that he spoke TRUTH. I can live with this.

Yes! Between this show and Life on Mondays, that's two days of my TV-watching week which are the mental equivalent of a warm, whirlpool bath.

[lesbiassparrow.livejournal.com]

I shall enjoy this show knowing that Simon Baker will always be right and know more than other people except for the one episode in season 2 where he makes a mistake that endangers someone he cares about.