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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: coug who wrote (160269)10/26/2008 4:02:47 PM
From: Jim McMannisRead Replies (3) of 306849
 
RE:"Many didn't save or if they "saved" through 401Ks, IRAs etc in stock funds they could be just as BROKE.. At least the ones that didn't save, "saved" some memories of their "wild and crazy" days, but that's worth something imo....:)"

Now contrast that with government jobs with 90% pensions and payouts...where the workers never had to do any investing and you'll see the magnitude of the problem.

Government jobs are much different than private sector jobs and far different than small business ownership.
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