spartan61
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Fri Jun-27-08 08:28 PM
Response to Original message |
| 4. Not sure how I should prepare. |
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As a retired teacher, most of my investments are in a 403B (tax shelter annuity). I can't take the money out and put it under my mattress to protect it. The tax event would be unbelievable. All of my investments were with pre-tax dollars. What a scary world. Now that I'm retired and planning to supplement my income with my retirement accounts, I'm finding those accounts to be shrinking daily.
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| -Royal Bank of Scotland AND Barclay's warning customers of global crash - WAKE UP! |
Finnfan |
Jun-27-08 08:14 PM |
#0 |
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Ok so I've been following this as well- -what exactly do we do to prepare? Seriously. |
KaryninMiami |
Jun-27-08 08:26 PM |
#1 |
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Answer to a few questions. My non-expert opinion. |
Dr.Phool |
Jun-28-08 02:48 PM |
#55 |
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Behold, the words of wisdom. |
brokensymmetry |
Jun-28-08 05:51 PM |
#61 |
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Smart people... |
Baby Snooks |
Jun-28-08 06:59 PM |
#63 |
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Learn to grow vegetables, hunt and fish |
drexel dave |
Jun-28-08 07:11 PM |
#64 |
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Sell Dollar Denominated Assets and Buy Gold |
mckara |
Jun-28-08 09:52 PM |
#66 |
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So...what do we do? |
TNDemo |
Jun-27-08 08:26 PM |
#2 |
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Exactly my point. Bury money in hidden safes? Stock up on non-perishables? |
KaryninMiami |
Jun-27-08 08:49 PM |
#14 |
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The signs were there a year - 2 years - ago. |
Finnfan |
Jun-27-08 08:52 PM |
#15 |
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The seeds for this were planted 10 to 15 years ago |
ben_meyers |
Jun-27-08 10:33 PM |
#34 |
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If not earlier (but you're exactly right). |
Finnfan |
Jun-27-08 10:41 PM |
#36 |
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I am about halfway through her book |
TNDemo |
Jun-28-08 08:19 AM |
#42 |
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Further back than that |
awoke_in_2003 |
Jun-28-08 02:37 PM |
#53 |
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I keep thinking about what I should buy now before inflation sets in |
TNDemo |
Jun-27-08 08:58 PM |
#17 |
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Save money, simplify, reduce expenses.... |
Lisa0825 |
Jun-27-08 10:31 PM |
#33 |
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exactly |
salin |
Jun-28-08 08:28 AM |
#44 |
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If it is inflation then cash is *not * king... at least I thought? |
justaregularperson |
Jun-28-08 01:48 PM |
#48 |
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Adjust your portfolio |
argeec |
Jun-28-08 04:50 PM |
#57 |
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FDIC?? |
Lost-in-FL |
Jun-29-08 08:14 PM |
#69 |
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I'm starting by dumping my 401k now |
Phred42 |
Jun-28-08 04:54 PM |
#58 |
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Cash |
MJJP21 |
Jun-28-08 06:12 PM |
#62 |
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Tx - I know. But unfortunately |
Phred42 |
Jun-29-08 10:00 AM |
#68 |
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You mean the author of "The Great Depression of 1990"? |
BigDaddy44 |
Jun-29-08 09:49 PM |
#70 |
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. . |
Karenina |
Jun-27-08 08:28 PM |
#3 |
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Not sure how I should prepare. |
spartan61 |
Jun-27-08 08:28 PM |
#4 |
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K&R! nt |
wildbilln864 |
Jun-27-08 08:30 PM |
#5 |
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Today the talking heads on MSNBC seemed to be a little more realistic |
nadinbrzezinski |
Jun-27-08 08:31 PM |
#6 |
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What I'm (trying) to do. |
Finnfan |
Jun-27-08 08:33 PM |
#7 |
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One other thing - we need to push our candidate, who will almost surely win, |
Finnfan |
Jun-27-08 08:41 PM |
#9 |
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This one? |
latebloomer |
Jun-27-08 09:02 PM |
#20 |
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That's a good one, but there was another one. |
Finnfan |
Jun-27-08 09:05 PM |
#21 |
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Here it is..... |
Tinksrival |
Jun-28-08 12:03 AM |
#37 |
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That's a good one, already bookmarked it! |
DemReadingDU |
Jun-28-08 11:16 AM |
#46 |
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Anyof these? |
SoCalDem |
Jun-28-08 12:23 AM |
#39 |
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Or to put it another way --- "Bush has screwed the pooch." |
lpbk2713 |
Jun-27-08 08:39 PM |
#8 |
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na.. he just puts fire crackers up small animals butts.. that should vave been a warning |
sam sarrha |
Jun-27-08 08:43 PM |
#11 |
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Gee, the only two banks I still have are telling the truth |
Warpy |
Jun-27-08 08:43 PM |
#10 |
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Didn't we call it for a while? |
nadinbrzezinski |
Jun-27-08 08:54 PM |
#16 |
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The perfect storm: global financial failure and no more bans on |
spindrifter |
Jun-27-08 08:43 PM |
#12 |
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I'm trying not to wade into the gun issue, but... |
Finnfan |
Jun-27-08 08:45 PM |
#13 |
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Precisely. |
spindrifter |
Jun-27-08 09:55 PM |
#28 |
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I'm a member of USAA and they sent out a memo about a webinar |
Lisa0825 |
Jun-27-08 08:58 PM |
#18 |
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Do you ahve a link to that? I'm a member too and i didn't get the memo. |
robinlynne |
Jun-27-08 09:31 PM |
#25 |
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I pm'd it to you... not sure if the link contains code associated with my email |
Lisa0825 |
Jun-27-08 10:28 PM |
#31 |
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What do all the fucking naysayers say now? When RBS advisors say you're wrong, you do what? |
Selatius |
Jun-27-08 09:02 PM |
#19 |
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of course, this big ball won't drop until |
elizfeelinggreat |
Jun-27-08 09:14 PM |
#22 |
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I don't think they can contain it that long. |
Finnfan |
Jun-27-08 09:24 PM |
#24 |
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The media will |
elizfeelinggreat |
Jun-27-08 09:44 PM |
#27 |
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The banks looking out for the banks |
jaybeat |
Jun-28-08 08:21 PM |
#65 |
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Even if we pull all our money out of the bank - will it be worth anything? |
aint_no_life_nowhere |
Jun-27-08 09:23 PM |
#23 |
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I don't live today..... |
TalkingDog |
Jun-28-08 07:49 AM |
#40 |
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Ravi Batra said the same today, on Thom Hartmann's show |
shireen |
Jun-27-08 09:41 PM |
#26 |
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Thank you for posting these news stories, Finnfan. Perhaps, if one can, one should pay off mortgages |
David Zephyr |
Jun-27-08 10:05 PM |
#29 |
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Most of my retirement funds are in cash investments, but, |
Mme. Defarge |
Jun-27-08 10:25 PM |
#30 |
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Asset preservation. |
David Zephyr |
Jun-27-08 10:37 PM |
#35 |
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Thanks Finnfan. |
Kaleko |
Jun-27-08 10:29 PM |
#32 |
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Be very suspicious. |
flvegan |
Jun-28-08 12:13 AM |
#38 |
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The people that I'm suspicious of are all of the people and institutions |
Finnfan |
Jun-28-08 08:12 AM |
#41 |
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I woke up at 3:30 this morning, and went out and laid on the couch. |
Dr.Phool |
Jun-28-08 03:07 PM |
#56 |
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I think usually when banks in the US issue warnings |
TNDemo |
Jun-28-08 08:24 AM |
#43 |
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Good Point. |
Phred42 |
Jun-28-08 04:58 PM |
#59 |
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K & R! nt |
TheGoldenRule |
Jun-28-08 09:35 AM |
#45 |
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While I am ready |
Enthusiast |
Jun-28-08 01:08 PM |
#47 |
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Will a collapse wipe out Mutual Fund accounts? |
mrone2 |
Jun-28-08 01:52 PM |
#49 |
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A lowering tide, grounds all boats |
SoCalDem |
Jun-28-08 02:10 PM |
#50 |
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Let history show you what to do... |
dixiegrrrrl |
Jun-28-08 02:11 PM |
#51 |
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"have more cash at hand, out of banks" Be sure to put in a safe or fireproof box |
mnhtnbb |
Jun-28-08 02:31 PM |
#52 |
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How about putting half your cash in Euros, half in dollars? |
aint_no_life_nowhere |
Jun-28-08 02:43 PM |
#54 |
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The coming storm reminds me of what happened to President Carter.... |
OwnedByFerrets |
Jun-28-08 05:50 PM |
#60 |
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Exact situation, OwnedByFerrets. |
Octafish |
Jun-28-08 10:16 PM |
#67 |
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