tag:blogger.com,1999:blog-5465015914589377788.post6485398212464924915..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Economic Disaster is upon UsMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5465015914589377788.post-39920937939669300592009-03-18T10:22:00.000-04:002009-03-18T10:22:00.000-04:00Gene: I agree that there are bargains available in...Gene: I agree that there are bargains available in stocks right now. For people who are bewildered to find that they are no closer to retirement than they were 12 years ago, I'd like to see them learn more about their finances to keep this from happening again over the next 12 years. The fix may be to invest differently or (more likely) to spend less.<BR/><BR/>Big Cajun Man: I don't expect anyone to be happy about being out of work, but be careful who you complain to. There are still some old timers around who remember starving through winters during the depression, and who can't stop themselves from making more preserves in case it happens again.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-45607519706596745232009-03-18T10:02:00.000-04:002009-03-18T10:02:00.000-04:00Giant worms? Was that one I brought over? 1997 was...Giant worms? Was that one I brought over? 1997 was a good year too, but given I am still looking for a job I reserve the right to complain about nowAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-50131620798255059912009-03-18T00:56:00.000-04:002009-03-18T00:56:00.000-04:00I do suppose that besides those giant killer worms...I do suppose that besides those giant killer worms, 1997 was okay. I would bet that overall US stock values are more attractive now than they were in 1997, especially in tech. If I recall though, anything tech-related was very high priced and "old economy" stocks were cheap, so there were bargains around then too.<BR/><BR/>I do feel bad for people that were 12 years away from retirement back in 1997, since they are likely 12 years from retirement again.genehttps://www.blogger.com/profile/05608927986297939720noreply@blogger.com