This week, the Dow ended at 8,451.19 . The CNN headline a minute ago read 'Vertigo on Wall Street'. The DOW plummeted 25% since September 26th when a banking crisis hit the financial sector. The ripple effect this has created is worldwide with investors everywhere feeling the pain ...The finance.yahoo headline read ' US Stocks end worst week mixed after roller coaster session'. And this is not the end - As analysts predict that the market is looking at a new low.
The middle class is feeling the pain as companies tighten expenses, layoff workers and shut down operations. While we are no where near retirement, there is some concern about our investments and savings. Really, is our money safe? How do we get a control on our finances and put more into our nest egg? I know what I'm going to do. cancel my gym membership ($60/month)..I love the gym but am pretty sure,that with some discipline and creativity can get some workout at home.
Friday, October 10, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment