Tuesday, October 7, 2008

I'm still here...

... but with the economy acting the way it is I'm wondering why I bother saving in the first place. No, I'm not broke yet, but markets like this just make you want to go out an buy a big screen TV so at least you can watch the country go down the drain in High Definition! At least I used to be able to afford one - maybe not now.

Actually looked at the 401K today and was surprised I was only down 26% so far this year - although it's probably closer to 30% after today!

At least I'm in a country of such abundance that I can shrug my shoulders and go on with things.

It reminds me of my good buddy Marcus Aurelius

3.10 Forget everything else. Keep hold of this alone and remember it: Each of us lives only now, this brief instant. The rest has been lived already, or is impossible to see…

and this little quote, which while not intended for markets like this might apply:
8.20 Nature is like someone throwing a ball in the air, gauging it’s rise and arc – and where it will fall. And what does the ball gain as it flies upward? Or lose when it plummets to earth?
What does the bubble gain from its existence? Or lose by bursting?

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