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To: scooby321; rabscuttle385; NautiNurse

I heard something on the radio tonight. I live in metro DC area on WMAL Rick Edledman, financial guru, had a special about the “crises”.

He said a family had all of their retirement, plus their kid’s college fund, in Wachovia stock. All $500,000 of it.


9 posted on 09/29/2008 7:06:48 PM PDT by Perdogg (Vice President Sarah H Palin - Make it happen !!!!)
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To: Perdogg
He said a family had all of their retirement, plus their kid’s college fund, in Wachovia stock. All $500,000 of it.

Now that was exceedingly stupid.

10 posted on 09/29/2008 7:08:08 PM PDT by rabscuttle385 (No to bailouts, no to amnesty, no to carbon credits, no to Big Government!)
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To: Perdogg
He said a family had all of their retirement, plus their kid’s college fund, in Wachovia stock. All $500,000 of it.

You were talking up Wachovia a few weeks back, saying it wasn't in serious trouble...I hope that family wasn't yours!

14 posted on 09/29/2008 7:10:53 PM PDT by Gondring (I'll give up my right to die when hell freezes over my dead body!)
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To: Perdogg

Anyone who, of their own free will, has their entire nestegg invested in a single stock is a fool. And a fool and his money were lucky to get together in the first place.

Sorry to sound cruel, but it really is true.


56 posted on 09/29/2008 8:40:05 PM PDT by SlapHappyPappy
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