Comments on: Question of the Day

By: Anonymous

Anonymous — Thu, 25 Sep 2008 01:38:00 +0000

Like the other posters, I am pretty scared about my finances. One good thing, I guess, is that I am naturally a pretty frugal (sometimes cheap) person. I think I should be okay if I keep up with my frugal ways like bringing my lunch to work, using coupons, etc.

By: Bardea

Bardea — Wed, 24 Sep 2008 21:02:00 +0000

I wish I had 50 years of life experience instead of just 30 to calm some of the fear of unknown… just to have lived through the 80s as an adult and know that the sun still comes up each day. Despite the economy and markets being unstable, we’ve chosen to make an offer on a house in the northern rocky mountains. We know we can afford the payment and our jobs are stable, yet we fear the question… where is the bottom of the housing market in our area? And how will it affect the economy in our area? Trying to believe the sun will rise each day, but planning and saving for the worst, too.

By: Me

Me — Wed, 24 Sep 2008 19:11:00 +0000

I’m not too worried about it, but then again that may just be because I don’t know too much about it yet. It seems to me like the stock market is hugely affected by how people feel about it and the economy. If confidence is high, then the stock market rises, if confidence is low, then it falls. It happened during the talks about this whole government bailout plan, stocks rose just because it was going to happen, not because it already had. I find it very interesting and will strive to learn more about it.

By: Anonymous

Anonymous — Wed, 24 Sep 2008 17:47:00 +0000

I am hugely disappointed, that those of us who have saved, invested,and didn’t overspend our income are going to be punished by having to absorb the cost of those who were foolish and greedy(both borrowers and lenders). So do two wrongs make a right? Seems it will in this scenario.

By: The Money Man

The Money Man — Wed, 24 Sep 2008 13:36:00 +0000

Every five years or so, it’s the same Horror movie, only different actors. The world doesn’t end. The sun came up today and I believe it will come up tomorrow too. Attempting to control your behaviors is far more important than attempting to control your investments. I think a walk in the park is just what people need. Turn off 24/7 news, get off the net and go enjoy life. Things will get better, they always do.

By: Tanja

Tanja — Wed, 24 Sep 2008 13:02:00 +0000

I live in GA and GA has been hit with gas issues. We have none, it’s kind of weird to run around big city of Atlanta to try to find gas, lines are long and tempers flair. People wait in line for hours to get gas, on top of it gas is the highest here than anywhere in the country right now (except CA I think) Now that worries me more than economy.

By: Nicole

Nicole — Wed, 24 Sep 2008 04:34:00 +0000

I have so much running through my head on this whole mess. I’m going to post some random thoughts, right or wrong, soon, but wanted to see where you guys were before dipping my toes into this one.

By: Anonymous

Anonymous — Wed, 24 Sep 2008 00:50:00 +0000

The stock market news was too much. I went to the park to enjoyed a beautiful and sunny day.

By: talia_tx

talia_tx — Tue, 23 Sep 2008 19:01:00 +0000

Very apprehensive, especially with what’s happened in the last few years. Started up a business. Bought my first condo. Going through bankruptcy. Trying to move to a budget that isn’t paycheck to paycheck and wondering if the economy will support that or make it harder.

By: Sallie's Niece

Sallie's Niece — Tue, 23 Sep 2008 18:34:00 +0000

I don’t feel too affected by it being in a pretty stable industry and not driving a car. Taxes made me quit smoking so I consider that a good thing. And my boyfriend was able to jump on lower housing costs to buy his first condo. I’m not saying the recession is a good thing but it’s been good to us thus far. My retirement account has gone down a little but I just started contributing a couple of months ago and don’t need to draw on it for probably at least thirty years.