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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Mike Johnston who wrote (25023)11/4/2004 11:12:40 PM
From: THRead Replies (1) of 306849
 
Mike,

"with thousands of pages of new legislation"

That sounds very good for those in government.

And, we need all these new financial instruments, as they will create jobs for all those losing theirs in the mortgage and investment services -g/ng-

Yes, big storm coming. I do not know when, but I think soon.

I actually favor penalties on retirement accounts. If not for penalties, I think consumers would have sucked them dry already. I saw an article this week about a new credit card that lets you borrow against your 401K. I don't think that is such a good idea.

With that said, I would settle for 25% of the SS I've paid to date, if I could control it. That 25% is much better than 0% in 25 more years.

Good Trading

TH
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