Have to... 401Ks went bust, no pensions
bad plan as it most likely won't be unless your almost 67 now. remember people don't plan to fail just fail to plan
That's trite and incorrect. People made plans, but those plans failed when the financial engineers put the global financial system on auto-destruct.Now, this MF Global thingy. Those people just had their money stolen from them in broad daylight and the CEO is still a free man.
Buy TIPS. At least your loss is very limited, possible gains are infinite.
I'm unfamiliar with Tips and am trying to find out more about them. Your comment that "possible gains are infinite" is intriguing. Could you please explain that? Thanks
Big mistake to count on Social Security. You will get paid in devalued dollars in other words a partial default in disguise.
That sucks. Write your Congressman.