2006 Personal Savings Drop to 74 Yr Low
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Re: 2006 Personal Savings Drop to 74-Yr. Low     

Group: nashville.general · Group Profile · Search for 2006 Personal Savings Drop to 74 Yr Low in nashville.general
Author: Richard Thomas
Date: Feb 12, 2007 18:42

..., Cyrus Afzali <pnsmnyv@lnubb.pbz> wrote: Well, since we do well to get 50 percent to the polls, we really can't complain too much. Sure we can. I would put forward that the low poll turnouts are the result of the actions of our politicians rather than the cause (though there is no doubt some positive feedback going on there). Course, it may be that there's not really all that ...
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Re: 2006 Personal Savings Drop to 74-Yr. Low     

Group: nashville.general · Group Profile · Search for 2006 Personal Savings Drop to 74 Yr Low in nashville.general
Author: Joseph Crowe
Date: Feb 8, 2007 21:51

...after that was a real crap shoot because there was not much in the way of predictive factors that would tell an investor which companies would survive. Of course, the number of stock market investors was low back then, but my grandfather was one of them....he was wiped out for a long, long time. Trust me, people were not making money in those market conditions. A second, somewhat milder form...
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Re: 2006 Personal Savings Drop to 74-Yr. Low     

Group: nashville.general · Group Profile · Search for 2006 Personal Savings Drop to 74 Yr Low in nashville.general
Author: Joseph Crowe
Date: Feb 2, 2007 16:12

... to explain the current lack of savings. These range from a feeling on...that they do not need to save because of the run-up in...by the effects of global competition. Whatever the reason for the low savings, economists warn that it the...retirement age. Instead of building up savings to use during retirement, baby boomers...downside for the people who have saved for retirement is that there ...
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Re: 2006 Personal Savings Drop to 74-Yr. Low     

Group: nashville.general · Group Profile · Search for 2006 Personal Savings Drop to 74 Yr Low in nashville.general
Author: Doug Smith W9WI
Date: Feb 2, 2007 09:53

... was a story on the radio yesterday that suggested this statistic isn't as bad as it sounds, because Americans have savings in instruments that aren't part of that number and didn't exist 74 years ago. Social Security (assuming you believe it will exist when you retire<grin>), apparently 401(k) plans aren't ...
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Re: 2006 Personal Savings Drop to 74-Yr. Low     

Group: nashville.general · Group Profile · Search for 2006 Personal Savings Drop to 74 Yr Low in nashville.general
Author: Faye
Date: Feb 1, 2007 17:27

...fee only financial planner. One of the things that really makes saving a drag is the phenomenal complication of it all. You can no longer just sock your money away in a savings account and earn decent compound interest. It does seem that it was much simpler in our parents' working years. And I personally cannot find the time or attention span to absorb the complexity ...
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Re: 2006 Personal Savings Drop to 74-Yr. Low     

Group: nashville.general · Group Profile · Search for 2006 Personal Savings Drop to 74 Yr Low in nashville.general
Author: joisy
Date: Feb 1, 2007 16:37

... just sock your money away in a savings account and earn decent compound interest. And I personally cannot find the time or attention span...reasons to explain the current lack of savings. These range from a feeling on the...> Whatever the reason for the low savings, economists warn that it the ... retirement age. Instead of building up savings to use during retirement, baby boomers ...
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2006 Personal Savings Drop to 74-Yr. Low     

Group: nashville.general · Group Profile · Search for 2006 Personal Savings Drop to 74 Yr Low in nashville.general
Author: Faye
Date: Feb 1, 2007 10:07

...reasons to explain the current lack of savings. These range from a feeling on the...people that they do not need to save because of the run-up in their...depressed by the effects of global competition. Whatever the reason for the low savings, economists warn that it the phenomenon exists at a particularly bad ... retirement age. Instead of building up savings to use during retirement, baby boomers ...
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Re: 2006 Personal Savings Drop to 74-Yr. Low     

Group: nashville.general · Group Profile · Search for 2006 Personal Savings Drop to 74 Yr Low in nashville.general
Author: Faye
Date: Feb 7, 2007 08:48

On Feb 7, 8:45 am, Boston Blackie <bblac...@mail.com> wrote: Well I'm, like reading this and I'm, like "who is she talking about," I mean I'm like "hellooooooooooo? that's how people, like, talk and stuff and I'm like "How did you old people ever, like, communicate with each other, like "smoke signals" or whatever?" " As I read this, I laughed out loud so hard that I actually ...
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Re: 2006 Personal Savings Drop to 74-Yr. Low     

Group: nashville.general · Group Profile · Search for 2006 Personal Savings Drop to 74 Yr Low in nashville.general
Author: Boston Blackie
Date: Feb 7, 2007 06:45

On 2007-02-06 23:19:21 -0600, "Faye" <theridgeview@att.net> said: You know, like, the generation that, like, says "like" all the time and that, like, forms every sentence as, like, interrogative and that, like, wants most of all to be, like, rich and famous? You know? "Like" the ones who'll be paying for this war when we are not even a memory in their attention deficit ...
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Re: 2006 Personal Savings Drop to 74-Yr. Low     

Group: nashville.general · Group Profile · Search for 2006 Personal Savings Drop to 74 Yr Low in nashville.general
Author: joisy
Date: Feb 2, 2007 11:45

On Feb 2, 12:12 pm, "Faye" <theridgev...@att.net> wrote: On Feb 2, 11:53 am, Doug Smith W9WI <w...@invalid.invalid> wrote: I am nowhere near financially savvy enough to know whether that story should be comforting. I think that's how the vast majority feel, Doug, about the whole notion of investing and preparing for one's retirement in general. It's like technology in ...
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