November 12, 2004
And now for something completely different
The barely attentive mother with some sobering thoughts about retirement planning for GenXers.
Posted by Steve at November 12, 2004 01:02 PM | TrackBackConsider Social Security a bonus, not a core part of your retirement income
You mean I shouldn't expect to live off my SS? There goes my whole plan for retirement. Then next your gonna tell me is to be a responsible health care consumer. Wait a minute...
Posted by: tekrat at November 12, 2004 01:35 PMBe wary of relying on real estate as a core investment.
Extremely good advice, short-term as well as long: the real estate market is already extremely overvalued to the point where the amateur speculators are involved, dreaming their flights of fancy and infinitely appreciating returns. It is reminiscent of nothing if not the tech-stocks market in the late 90's: all bubbles burst, and this one is due fairly soon.
A wise person, I forget whom, once said that the four most dangerous words in investing are "this time it's different."
Posted by: Dave J at November 12, 2004 09:27 PMI respect faith, but doubt is what gets you an education. Wilson Mizner (1876 - 1933)
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