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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Petrol who wrote (178676)7/10/2002 10:45:32 AM
From: Mike M2  Read Replies (2) of 436258
 
Petrol, read Jim Davidson's " The Great Reckoning" . Some things to start now- Reduce or eliminate debt, keep your car longer, consider buying a smaller cheaper home( Real estate is a bubble in many areas especially NYC area suburbs - I expect many Wall Streeters to be out of work), increase savings rate, long: bear funds like BEARX, gold stocks. Don't boast about profitting from the decline - people won't like you ( except us CFZ'ers). Final point do not underestimate the power of TL & EV ! ho ho ho Mike
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