Home › Forums › Financial Markets/Economics › This just makes me sick…
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barnaby33.
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February 23, 2008 at 12:48 PM #158681February 23, 2008 at 1:28 PM #158327
kewp
ParticipantWhat really makes me personally sick about the SoCal lifestyle is how all the clowns leveraged a home they couldn’t afford into toys and vacations they couldn’t afford via HELOC’s.
Only in America can you blow a million dollars on personal consumption and then cry for a bailout. And have politicians actually listen.
February 23, 2008 at 1:28 PM #158621ParticipantWhat really makes me personally sick about the SoCal lifestyle is how all the clowns leveraged a home they couldn’t afford into toys and vacations they couldn’t afford via HELOC’s.
Only in America can you blow a million dollars on personal consumption and then cry for a bailout. And have politicians actually listen.
February 23, 2008 at 1:28 PM #158629ParticipantWhat really makes me personally sick about the SoCal lifestyle is how all the clowns leveraged a home they couldn’t afford into toys and vacations they couldn’t afford via HELOC’s.
Only in America can you blow a million dollars on personal consumption and then cry for a bailout. And have politicians actually listen.
February 23, 2008 at 1:28 PM #158637ParticipantWhat really makes me personally sick about the SoCal lifestyle is how all the clowns leveraged a home they couldn’t afford into toys and vacations they couldn’t afford via HELOC’s.
Only in America can you blow a million dollars on personal consumption and then cry for a bailout. And have politicians actually listen.
February 23, 2008 at 1:28 PM #158711ParticipantWhat really makes me personally sick about the SoCal lifestyle is how all the clowns leveraged a home they couldn’t afford into toys and vacations they couldn’t afford via HELOC’s.
Only in America can you blow a million dollars on personal consumption and then cry for a bailout. And have politicians actually listen.
February 23, 2008 at 1:47 PM #158342Peace
ParticipantWow.
My husband and I just did our annual retirement financial inspection while preparing our fed taxes.
Both of us have deposited the max since our first jobs and that has been around 30 years. Plus there is some company rollover money.
It totals right under $300,000 – sure glad we have a few more years to save because I’d hate to retire on that!
My point is that I feel sorry for anyone who didn’t start saving early because it sure builds up slow. Our deposits to IRA / Roth have always been considered priority and I can assure you we have never driven anything like a BMW or thought we could buy a house in Irvine.
February 23, 2008 at 1:47 PM #158635ParticipantWow.
My husband and I just did our annual retirement financial inspection while preparing our fed taxes.
Both of us have deposited the max since our first jobs and that has been around 30 years. Plus there is some company rollover money.
It totals right under $300,000 – sure glad we have a few more years to save because I’d hate to retire on that!
My point is that I feel sorry for anyone who didn’t start saving early because it sure builds up slow. Our deposits to IRA / Roth have always been considered priority and I can assure you we have never driven anything like a BMW or thought we could buy a house in Irvine.
February 23, 2008 at 1:47 PM #158644ParticipantWow.
My husband and I just did our annual retirement financial inspection while preparing our fed taxes.
Both of us have deposited the max since our first jobs and that has been around 30 years. Plus there is some company rollover money.
It totals right under $300,000 – sure glad we have a few more years to save because I’d hate to retire on that!
My point is that I feel sorry for anyone who didn’t start saving early because it sure builds up slow. Our deposits to IRA / Roth have always been considered priority and I can assure you we have never driven anything like a BMW or thought we could buy a house in Irvine.
February 23, 2008 at 1:47 PM #158652ParticipantWow.
My husband and I just did our annual retirement financial inspection while preparing our fed taxes.
Both of us have deposited the max since our first jobs and that has been around 30 years. Plus there is some company rollover money.
It totals right under $300,000 – sure glad we have a few more years to save because I’d hate to retire on that!
My point is that I feel sorry for anyone who didn’t start saving early because it sure builds up slow. Our deposits to IRA / Roth have always been considered priority and I can assure you we have never driven anything like a BMW or thought we could buy a house in Irvine.
February 23, 2008 at 1:47 PM #158726ParticipantWow.
My husband and I just did our annual retirement financial inspection while preparing our fed taxes.
Both of us have deposited the max since our first jobs and that has been around 30 years. Plus there is some company rollover money.
It totals right under $300,000 – sure glad we have a few more years to save because I’d hate to retire on that!
My point is that I feel sorry for anyone who didn’t start saving early because it sure builds up slow. Our deposits to IRA / Roth have always been considered priority and I can assure you we have never driven anything like a BMW or thought we could buy a house in Irvine.
February 23, 2008 at 3:02 PM #158397
CoronitaParticipantWhat will make you sicker is if that if you leave it up to enough politicians, they'll try to make YOU the saver/financially responsible PAY for their mistakes by redistributing wealth and assets. Take a look at who's running for prez. And read all about.
My point is that I feel sorry for anyone who didn't start saving early because it sure builds up slow. Our deposits to IRA / Roth have always been considered priority and I can assure you we have never driven anything like a BMW or thought we could buy a house in Irvine.
Actually, I don't really feel sorry. I can't count how many times when I talked to people who mentioned about how they didn't participate in some 401k plan of some sort, the number of excuses that they say. (It's a scam, you lose money in it, I can do better if I save myself, blah blah blah blah). A lot of people are over-confident in financial self discipline, and very few want to admit that they need those plans to force them to save.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
February 23, 2008 at 3:02 PM #158690CoronitaParticipantWhat will make you sicker is if that if you leave it up to enough politicians, they'll try to make YOU the saver/financially responsible PAY for their mistakes by redistributing wealth and assets. Take a look at who's running for prez. And read all about.
My point is that I feel sorry for anyone who didn't start saving early because it sure builds up slow. Our deposits to IRA / Roth have always been considered priority and I can assure you we have never driven anything like a BMW or thought we could buy a house in Irvine.
Actually, I don't really feel sorry. I can't count how many times when I talked to people who mentioned about how they didn't participate in some 401k plan of some sort, the number of excuses that they say. (It's a scam, you lose money in it, I can do better if I save myself, blah blah blah blah). A lot of people are over-confident in financial self discipline, and very few want to admit that they need those plans to force them to save.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
February 23, 2008 at 3:02 PM #158699CoronitaParticipantWhat will make you sicker is if that if you leave it up to enough politicians, they'll try to make YOU the saver/financially responsible PAY for their mistakes by redistributing wealth and assets. Take a look at who's running for prez. And read all about.
My point is that I feel sorry for anyone who didn't start saving early because it sure builds up slow. Our deposits to IRA / Roth have always been considered priority and I can assure you we have never driven anything like a BMW or thought we could buy a house in Irvine.
Actually, I don't really feel sorry. I can't count how many times when I talked to people who mentioned about how they didn't participate in some 401k plan of some sort, the number of excuses that they say. (It's a scam, you lose money in it, I can do better if I save myself, blah blah blah blah). A lot of people are over-confident in financial self discipline, and very few want to admit that they need those plans to force them to save.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
February 23, 2008 at 3:02 PM #158708CoronitaParticipantWhat will make you sicker is if that if you leave it up to enough politicians, they'll try to make YOU the saver/financially responsible PAY for their mistakes by redistributing wealth and assets. Take a look at who's running for prez. And read all about.
My point is that I feel sorry for anyone who didn't start saving early because it sure builds up slow. Our deposits to IRA / Roth have always been considered priority and I can assure you we have never driven anything like a BMW or thought we could buy a house in Irvine.
Actually, I don't really feel sorry. I can't count how many times when I talked to people who mentioned about how they didn't participate in some 401k plan of some sort, the number of excuses that they say. (It's a scam, you lose money in it, I can do better if I save myself, blah blah blah blah). A lot of people are over-confident in financial self discipline, and very few want to admit that they need those plans to force them to save.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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