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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: stomper who wrote (37215)	4/20/2003 11:35:30 AM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 57110

stomper, Happy Easter to you. One of my sorority sisters lives in St. Louis Park and she said the houses are still going like hot cakes. Small 1940's type of houses going for between $250,000 and $350,000. I have been listening to folks that have their money in 401k's and I am starting to hear them think of quitting their contributions. One person said she donated x number of dollars last quarter and lost 2x's her contribution. People are upset with the interest on capital and are thinking of spending their capital on things for the houses, like upgrading the appliances, add patios , etc. I do not hear very many folks trying to figure out how to survive this mess we are in - just spend and enjoy the day and to heck with tomorrow. I still have a couple of friends that are just sitting watching their paper assets go to heck in a hand basket. One of these friends may be getting close to doing something, but I thought she was ready last year. <g>