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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: pompsander who wrote (84048)6/24/2002 12:44:37 PM
From: limtex  Read Replies (1) | Respond to of 99280
 
hmmm wonder who your aunts will vote for in Nov and Nov 04?

Best,

L



To: pompsander who wrote (84048)6/24/2002 12:49:25 PM
From: All Mtn Ski  Read Replies (1) | Respond to of 99280
 
In my years of financial service, I have found 'old people' to be the biggest yield whores around, if you could get them an extra 1/8 or 1/4, they'd stop at nothing to get $$$ to you. And, conversely, they'd make you feel awful if they found another bond offering more. Talk about feeling 'entitled', Sheez! <g>

Looks like its time to dip into principal for the fixed income folks and tighten those budgets even more....

A-M-S



To: pompsander who wrote (84048)6/24/2002 1:01:13 PM
From: Jdaasoc  Respond to of 99280
 
I have two aunts living on fixed incomes who have called to check in over the past couple of weeks

ditto my relatives too. One went into conservative stocks now has nothing to worry about.
Other relative put head in sand 18 months ago and is worried more then ever about not being able to live a lifestyle she was acustomed too. She is thinking about selling a mix of some investment real estate with gainss and stocks with losses to stave off potential fire sale of equities later.

Eventually this will lead to slower economy regardless due to slower consumer spending.