tag:blogger.com,1999:blog-8911917248033923490.post2711236960719129626..comments2023-09-30T06:14:57.271-05:00Comments on Not Living on Ramen: Extra! Extra!E.C.http://www.blogger.com/profile/05595667311126848588noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8911917248033923490.post-79317349169219659032008-01-23T19:20:00.000-06:002008-01-23T19:20:00.000-06:00I think the decision about what to do with your mo...I think the decision about what to do with your money hinges on your level of risk-taking and how long you are looking to invest. It seems like this year is a good time to double-down if you're looking long-term, as stock prices are likely to be depressed due to all the panic.Blubbahttps://www.blogger.com/profile/09417459594972730695noreply@blogger.comtag:blogger.com,1999:blog-8911917248033923490.post-10727962202796170092008-01-23T10:22:00.000-06:002008-01-23T10:22:00.000-06:00It is just panic because when the US markets gets ...It is just panic because when the US markets gets the hiccups the International markets do even worse. They can hack and slash any rate they want and give us money back, the markets will balance themselves out. Since you mentioned 9/11, the drop we experienced had recovered 59 days later as it was on 9/10. We're not in a recession there is just slower economic growth right now.<BR/><BR/>People getting nervous are the ones who are retirement eligible and looking to use their money. Now isn't the best time to take money out, but you have to do what you need to do, that's why it is there in the first place. I think personal debt is going to be addressed now more than ever because when things like this happen spending goes down. Only time will tell what is going to happen but I feel that it will recover just fine.Jim ~ mydebtblog.comhttps://www.blogger.com/profile/12831157334066115572noreply@blogger.comtag:blogger.com,1999:blog-8911917248033923490.post-88050245783597734192008-01-22T15:26:00.000-06:002008-01-22T15:26:00.000-06:00I heard on NPR that the last "emergency" rate cut ...I heard on NPR that the last "emergency" rate cut (when they weren't already meeting) was after 9/11. Hmm...SJeanhttps://www.blogger.com/profile/12009307751501366318noreply@blogger.com