http://bigmouth.imserious.org/financial-tsunami-no-coincidence/ Life, The Universe, Everything... Sun, 31 Jan 2010 14:17:44 -0500 http://wordpress.org/?v=2.8.2 hourly 1 http://bigmouth.imserious.org/financial-tsunami-no-coincidence/comment-page-1/#comment-48 Dave Stewart Mon, 24 Nov 2008 16:49:34 +0000 http://bigmouth.imserious.org/?p=116#comment-48 Being a "saver" in this climate hasn't been much of a help if you have your savings in equities. Fortunately, I had a good percentage of my savings moved into cash before the downturn so I could safely afford my kids' college tuition no matter what the market did. Turned out to be a good idea, but then the second kid wants to go to a more expensive school, the wife's 1997 Plymouth needs to be replaced... you get the idea. Being a “saver” in this climate hasn’t been much of a help if you have your savings in equities. Fortunately, I had a good percentage of my savings moved into cash before the downturn so I could safely afford my kids’ college tuition no matter what the market did. Turned out to be a good idea, but then the second kid wants to go to a more expensive school, the wife’s 1997 Plymouth needs to be replaced… you get the idea.

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