Out at the peak

Tuesday, February 07, 2006

Mess with money

An REIT in Germany had to close down transactions because too much money was being pulled out at once. Do you have any risky investments that could become illiquid? Hopefully you've considered getting out of them before you are left holding the bag.

Ben Stein's latest blog is extremely telling of the average American Idiot. How can a renter burn through $75K a year without a dime in savings? How can she honestly believe that Social Security will be there for her? Even if it does, she's ignorant to the fact that it doesn't start until much later than she thought. Even with full confrontation, she proceeded to go to Nordstrom's!


Post a Comment

<< Home