Letters to the Editor

Letters posted here are associated with the following article:
I bought stocks; my husband bought CDs. Now I can't bear to look I can't get up the nerve to tell my husband just how much money we've lost.
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  • Confucius Sometimes Say.... change smelly clothes, socks, shoulder straps, and baseball groin protective jock cups. No drink plum wine. Fu-Ki plum wine is horrid. Nasty. Funky. No delectable. Awful. Santa hates Fu-Ki. Rudolph loves red nose wino's.

    ~

    Bright Star 2-A Doomsday Believer.

    Bright Star 2-The Renunciation. No Hope?

    So, dress up in a Red Santa Outfit. Ring a bell.

    Go to The Middle East and sing stop the killing.

    Bright Star 2-Then hums Rudolf The Red Nose.

    Bright Star 2-Too drunk if he be at a Ho-Down.

    On Judgement Day the nun and monk say:`Merry.

    Gather round. Wipe nasty smirk from off thee face.

    I forget the name of the Judgement Day Child Song?

    The inner person can always change. Santa Changes.

    Santa ring bells? Begs for 'dough' to buy C.T. a sock.

    Sock Cary Tennis in the "tenders" and change a strap.

    Ladies wear the brasier strap. Boys change jock straps?

    Confusious Sometimes Say:` Cary change socks? Glenn?

  • Speak of which

    Peeps, PLEASE get off the processed foods.

    Probably the safest way to save for retirement at the moment is to invest in your health by eating well and working out and plan to work until you die.

    I cannot emphasize enough times, the food industry exists TO MAKE YOU SICK.

    Eat organic, eat local, spend the extra money (IT WILL COST YOU LESS IN THE LONG RUN -- the BEST investment you can make), or better yet, grow your own if you can.

    Cook your own food as much as you can. I noticed many of my favorite food places just do not taste the same as they did last year, they must have switched to cheaper ingredients. I know food I eat even today whose provenance I DO know (organic, local) that STILL tastes just as YUMMY as ever and I am only 43, so it is NOT me or my taste buds tricking me.

    The LATEST example of how the FDA serves Industry, not YOUR interests...

    The FDA ONLY came out with results showing melamine contamination in US produced baby formula AFTER a Freedom of Information Act request was made this past month.

    Did You Know? European scientists discovered genetically modified food fed to rats made their grandchildren STERILE?

    Did You Know? A junk food diet produces Alzheimer's like disease in rats?

    Did You Know? A vegetarian diet makes your brain shrink?

    This is JUST in the past week these FOUR reports have come out.

    People, the FDA allows 15,000 compounds to be placed into food under the secretive label of 'natural flavors'. Cyanide is NATURAL. These ingredients are designed to STICK IT TO YOU AND ME and to only feed the OTHER SIDE of the beast, the big pharma industry.

    Invest in yourself and your future-- forgo, abandon, thwart at every turn the big SICKNESS industry that wants to DESTROY YOU, but NOT before it first bankrupts you.

    There is NO Santa Claus...

  • On The Bright Side

    The Meltdown has thoroughly discredited the idea to restructure the Social Security System to include stocks and mutual funds.

  • "like a savage unrelenting avenger of all the little bullshit fears"

    . . . that in a thousand little bullshit ways ruin and degrade our energy and self-respect day after day, year after year, until at the end of our lives we are nothing but tiny, fearful little shriveled corpses of the shining, courageous people we once dreamed of becoming.

    I've posted this next to my computer as a reminder every morning.

    Thank you.

  • This is the expected market correction -- do NOT sell now

    I have 25 or so years till retirement and investments that are way down, too. But I don't understand why people in my situation are freaking out. Capitalist systems like ours go up and go down with regularity. That's the model. With a mild regulatory climate like we've had over the last decade, the highs are delirious, which means the lows can be crushing. That's what I expected. And it will probably happen again before I retire (hopefully, not right before).

    I'm not looking at my retirement statements because I hardly ever look at them anyhow. I picked good funds with good track records and make my contributions. I meet with my financial adviser a couple of times a year. Like previous commenters pointed out, my semimonthly contribution will be buying many more shares of these funds while prices are down. When I get closer to retirement, I'll consider putting my $$ in a CD, but like one commenter pointed out, if the rate of interest is less than the rate of inflation, a CD loses you money even as it seems to grow.

    Don't sell out of your funds now. Don't even worry about your funds now unless you think you might have picked bad ones. The advice to meet with a financial adviser was good, as a good one can help you sift through your choices and reorganize your investments when prices recover. But don't stop investing and don't sell low -- AND DON'T HANG YOUR HEAD IN FRONT OF YOUR HUSBAND. When his CDs come up for renewal, the interest available to him may be depressingly low.

  • Really, I second the prior post

    this market is self correcting.

    I have an MBA from a top university myself, but I do not even dabble in the markets, being a marketing and IT guy, so I have no reason to bother tracking the Dow or the stock markets.

    BUT if you look even perform a cursory look at the Dow chart over these past 75 years, and you eyeball a straight line across the whole chart from the beginning to the present, it becomes quite glaringly clear that if the market continues over the long run 75 year growth line it has enjoyed up until the past decade or so, the Dow right NOW ought to be at 6000.

    Now, the continuing economic distress will drive various markets to go well beyond their pendulum swing down, so MY PERSONAL PREDICTION is that we will probably see the Dow at BELOW 5000 before we see the whole market begin to come back over the next decade.

    The Dow is now, despite the recent problems, at about 8000. So you can see, it is not unlikely the markets will fall another 3000 points before people feel the crap has been squeezed out of the markets.

    Another data point. Stock market swings correlate to our sun's energy output. Don't ask how, we do not know. But the low point of the sun's output is in 2011-2012. It is likely the markets will continue to see stress for the next two years or so, then begin to ease on up again after that.

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