Monday, March 02, 2009
Market Blues
Or is it "Reds"? The Taylor Family Trust lost nearly $4000 in the market today. About the only statement I heard while watching CNBC today was by on unknown pundit who allowed that he was going to "stick it out". No trading, no selling, not buying. That's exactly where I'm coming from. The Market is still not as low as it was when I started investing in 1961. And, fortunately there is no need for that money right now. The TIAA/CREF pension plus Social Security is sufficient for family needs at this time. I do expect some drop in annual income come April when my CREF account will be reconfigured on the basis of the Market. I'm not losing any sleep.
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1 comment:
You have the only "not to bad" news about the market I've heard in months.
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