Breaking News...House defeats bail out plan
#16
Re: Breaking News...House defeats bail out plan
A longish but plain english version of what has been happening of late can be found here:
http://www.iamone.co.uk/2007/12/01/w...-buy-the-farm/
http://www.iamone.co.uk/2007/12/01/w...-buy-the-farm/
#18
Re: Breaking News...House defeats bail out plan
May be I should rephrase that - most citizens will be affected....it is sad when people either retired those who are close to retirement will now see most of their savings wiped out in the stock market.
#19
Re: Breaking News...House defeats bail out plan
Don't pension schemes usually diversify, mix and move towards more stable investments over time as the date when someone is expected to start drawing from it approaches? You know, reduce the beta value and all that tosh?
#20
Re: Breaking News...House defeats bail out plan