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Old 09-30-2008, 05:53 PM   #98
sa meredith
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Default getting worse

Even the most optimistic person has to recognize the significance of what is happening around us. I mean, real estate, the market crash, Wachovia Bank actaully failing. The only safe investment right now is probably a Treasury Note...currently returning 1 to 1.25 percent (so $10 on every 1000). It is probably the equivalent of putting your money under the mattress, but it's safe.
Don't want to be the voice of gloom and doom...but I would say things are going to continue to get worse, very much so, before they get better.
I know I can't hold out much longer...my reserve cash supply continues to take a hit month after month, as I try to maintain some type of quality of life...but give it another year or so...and man, I've got to start all over. Sounds fun!
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