Friday, September 19, 2008

Stock Market Turmoil

The stock market is in major turmoil. It’s like Enron on a global scale. It may get better or it may not. There may be some temporary fixes which will come from the taxpayers but where the end of it is, no one knows. On a personal level, I have stopped all my 403b contributions and will use that money to finish getting the house paid off. Half of my retirement funds are in a fixed rate annuity but who know when that company will go under. But rather than living in fear of the future, I am enjoying today. Good job, good family, good health, good food, water, and electricity. Life is good.

Thought for the day:

To live content with what you have;

To seek elegance rather than luxury,

And refinement rather than fashion;

To be worthy, not reputable,

and wealthy, not rich;

To listen to stars and birds,

babes and sages with open heart;

To study hard;

To think quietly,

act frankly,

talk gently,

await occasions,

Hurry never;

In a word to let the spiritual, unbidden and unconscious, grow up through the common

–This is my symphony.

William Henry Channing

1 comment:

Tamara said...

Do you think that I should cut back my TSP contributions to 5 percent (which is the maximum that my employer will match) and to put the rest in short term savings?

On the upside, maybe my student loan company will go under and all of my student loans will be forgotten....