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Mark & Juanita Mark & Juanita is offline
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Default Where are YOU cutting back?

Tom Veatch wrote:

On Sat, 25 Oct 2008 08:57:15 -0700 (PDT), Too_Many_Tools
wrote:

In tough times consumers tend to cut back...so where are you cutting
back, reprioritizing resources, whatever to make that dollar go
farther?

I am also posting this in the metal and wood working groups to hear
how those who pursue the hobby are allotting their resources.

Thanks

TMT


Retired, "tough times" haven't affected my pensions nor, so far, the
income from my securities. Market value of my holdings has decreased
but I've lost no money unless I sell them which I have no intention of
doing. In fact, I'm buying more while the price is low.

In general, I've decided not to participate in the tough times nor in
the media induced panic. Ever noticed that the prophesies of the doom
and gloom pundits are self-fulfilling.


Thank-you for that brief intrusion of sanity into the media-induced panic.

People, the "stock market" is NOT the economy regardless of what the
nightly news-readers say. Too many people use Wall Street like your
friendly neighborhood casino. When you do, expect to lose.

Tom Veatch
Wichita, KS
USA


--
If you're going to be dumb, you better be tough