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To: OneVike

My wife and I retired last year. We decided we could not chance the loss of our 401K’s and IRA’s because we cannot make up the loss of them again after losing so much in the fall of 2008 when we were still working. So we pulled all of our funds out of our market investments and bit the bullet on the taxes we owed. We still have inflation devaluing our cash to worry about and other shenanigans this money-grubbing government might employ to empty our wallets, but we will take our chances and protect our principle on our own.

We don’t need more growth at this stage in our lives. We need less loss of our capital. We took a big hunk of it and built a new home without a mortgage for retirement and the rest is hidden from view in one of our pastures on our homestead. We will hunker down and try to control our own destinies by weathering the storm in our own safe harbor. The stock markets and the banks be damned.


35 posted on 07/29/2012 9:03:51 PM PDT by HotHunt
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To: HotHunt

I hope that before you plowed your resources into your land that you converted it to gold or silver.


78 posted on 07/30/2012 9:01:13 AM PDT by jmac61
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