To: Texas Eagle
And oil stocks as well. Those already in retirement may view it differently.
6 posted on
01/17/2015 7:12:58 AM PST by
thackney
(life is fragile, handle with prayer)
To: thackney
Tough noogies for those in retirement.
At least those in retirement who put all their investment eggs in oil, gas and Caterpillar.
Those of us not in retirement benefit from lower gas, oil and Caterpillar. It means we can afford to buy more. So when the prices go back up, we can benefit from it.
Sorry. Markets go up and down. That's life.
11 posted on
01/17/2015 7:18:26 AM PST by
Texas Eagle
(If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
To: thackney
And if my IRA or 401K was 100% invested in “Big Oil,” the value of the current loss could approach 50%.
Thankfully, retirement portfolios are not made of single-sector stocks.
56 posted on
01/17/2015 8:41:24 AM PST by
ConservativeMind
("Humane" = "Don't pen up pets or eat meat, but allow infanticide, abortion, and euthanasia.")
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