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To: Vinylly

Thank you for the post. I’ve had this “foreboding” feeling realy bad lately. I pray about it all the time but have no answers of what to do. I fully expect a complete financial collapse, starting in Europe which rolls over into bank holidays here and market collapses. I don’t know if I should sell everything in my 401k’s (even at big loses right now) and go into all cash, or bear funds, or what? I hate the thought of seeing 30 years of saving, preparing for my retirement,etc. all get wiped out in a month. Why is it that the people who are “doing the right things” (making mortgage payments, paying college, saving, etc.) are the ones getting hurt. I know in an economic collapse that everyone else would be in the same boat but where is the consolation in that??


19 posted on 10/04/2011 7:36:44 AM PDT by LivingNet
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To: LivingNet

I feel your concerns and I am right there with you when it comes to seeing my retirement disappear, knowing that I have been honest and have paid my mortgage and have been a responsible citizen, etc...but, I believe all of this is occurring for a reason. Stay strong and keep your Faith very close!


21 posted on 10/04/2011 7:42:12 AM PDT by halo66
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To: LivingNet
"Why is it that the people who are “doing the right things” (making mortgage payments, paying college, saving, etc.) are the ones getting hurt."

Because they're not organized - well, they haven't been up until now. It's called the TEA PARTY.

25 posted on 10/04/2011 7:53:55 AM PDT by LZ_Bayonet ( I AM THE TEA PARTY LEADER !)
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