Monday, September 15, 2008

Ouch!!!!

As you must already know, wall street took a dive today. Today was a really bad day. It is getting harder and harder to know what to think. The gov't keeps telling us that they have the situation with the financial sector under control, but it just keeps getting worse. Our retirement accounts are getting crushed, like everyone else's. The only thing we know to do is to hang in there and keep telling ourselves that we must be buying stocks cheap in our retirement accounts. It is hard to believe that the Dow is back to where it was years ago. So much for the good economy they kept talking about. All the gains we all made are all gone. We will just have to perservere. We will continue to follow the conventional advice and keep contributing to our retirement accounts out of every paycheck, and assume that that is the best thing to do. It had better be because there doesn't seem to be a better option. Good luck to all of us.

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