Current Events — HabitableZone

Current Events » in reply to Treasury Secretary, and...

"How's that blind faith in laissez-faire capitalism...workin' out for us, TB?"- Probably not workin' out too well for TB

Posted by TB on 3/17/2008 1:00:24 PM

....The market would have to drop about another two thousand points before any significant amount of my portfolio would be worth less than what I paid for it. Unless they just started out with their retirement account in the past few years, most people are still ahead of the game. Assuming they've been smart enough to buy and hold.
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Dow jones average was about 12,000 when he wrote that... its down about 4000 points...

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