Quote:
Originally Posted by Displaced Flames fan
I have a modest 401K. It lost more money last year than 10% of my income could toss into it. I continue to buy shares each pay period and I think, in the long run, it will end up paying off nicely with all of these low priced shares I'm picking up now.
|
That's the way to do it, you'll probably be laughing in 5-10 years.
As for the trend, I dunno, I'm hoping this whole economic downturn will get people to see how serious the problems are facing the world. Time to rethink the way we do a LOT of things. I know people say the best time to worry about things like pollution and such is when we have money to tackle these problems, but the truth is, it just doesn't happen. People get to complacent when things are going well. However it's during times of hardship and turmoil that people come together to help out, outdated institutions and ideas are gotten rid of, people try to build things better than they way they were before.