Quoted from DCfoodfreak:You also just said on another thread the economy is going to blow up again. We need to cheer you up and get you more positive on things : )
I did not mean to sound like Stern would not exist. I just think Gary will be gone within the next few years.
Did you read the news this morning that Spain is about to get a 100 billion dollar bank bailout? Greece will likely get kicked out of the EU. Italy is in bad shape.
My 401k is flat-lining the last 3 years and I have been putting maximum contributions into it.
The interest rates are so damn low that the cash we have cannot even gain any interest. The stock market cannot do anything positive until the EU problems get sorted out which will take time after they make a decision on how to resolve it.
Thank goodness I have a good stable job. I feel sorry for the people that have less stable situations and have a hard time finding jobs after getting laid off, and God help the new college graduates in finding a job.