We're coming into some interesting times with the market. If you've read books by Harry S. Dent (Roaring 2000's and Next Great Bubble Boom) he talked about a long term recession, which will be worse than the Great Depression!
Even Robert Kiyosaki talks about it in Prophecy (I've only read snippets of this book but he does mention the same things Dent does).
If you watched what happened in the market yesterday you know about Bear Sterns and how their stock fell from about 60 bucks to 2 bucks in a matter of 2 DAYS, with a buyout from JP Morgan
The real trajedy is the people who lost most of their retirement money since their stock options and 401ks were tied to that stock!
I came across this article in the San Diego Union Tribune. It's just shocking.
This is why YOU need to rise above everyone else in the rat race and build for your life not for your retirement (because it might not be there)! Working until 72 just does not sound fun to me. How about you? See you on the fast track!
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