To: RWR8189
Nice sig. I'm still far too poor and deep in student loans debt to be investing in anything, but I don't want pensions getting soaked. My parents lost half their 401(k) worth when the Tech Bubble popped. If oil pops, and everyone really is investing in oil like Mr. Forbes says they are, then everyone gets hurt.
17 posted on
08/29/2005 11:15:54 PM PDT by
Lejes Rimul
(Paleo and Proud)
To: Lejes Rimul
Most funds should be diverse enough so that crude falling back to where it was 36 months ago won't be catastrophic for most people unless they intentionally set up their fund to be heavy on energy.
21 posted on
08/29/2005 11:20:54 PM PDT by
RWR8189
( Extremism in defense of liberty is no vice. Moderation in the pursuit of justice is no virtue.)
To: Lejes Rimul
you really need to get a grip. You are apparently clueless.
42 posted on
08/30/2005 8:30:06 AM PDT by
flashbunny
(Always remember to bring a towel!)
To: Lejes Rimul
Unless they were cashing out their 401 (k) they lost nothing but some tally marks.
Now if they were directly invested in stocks, like lots of folks I know who bought Cisco stock in late 99 early 00, THEN you will see some arse losing.
58 posted on
08/30/2005 11:17:51 AM PDT by
American_Centurion
(A liberal is a socialist who isn't quite willing to get blood on his hands yet. -KarlInOhio)
To: Lejes Rimul
all those people need to do is to get out of oil
65 posted on
08/30/2005 12:32:42 PM PDT by
InvisibleChurch
(I support the firemen, but not their cause.)
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