The idea of buying just to buy is a bit misguided. It really has more weight to buy certain items. Buy American made things. Some items are about nil, but by and large, they are out there. It will equate to more jobs here.  And, people should spend less and save more.

The 401K program is a joke. Check with an estate lawyer to find out the depth of the joke. The volume of money{if your 401K is tax deferred} is destroyed to you legal benifactors. If your company does a 6%/3% contribution, then only put in enough to get your "free" match. Otherwise, if you can save on your own, save a...more

If you use your home as a long term place to live things will be fine. A lot of the panic is driven by the "flipper" crowd. Yes, there are some hard working folks that are caught up in this mess, but, as long as they did not go way over their heads in debt, {I.E. 2 income morgage needs, no down payment folks}. I don't ...more

Do the letters F O mean anything to these thieves. We should not give them 1 thin dime. Never should have to begin with. They gave BONUSES during this time frame. LET THEM FAIL like they actually have.

I do not believe the "FED" suprised anyone on the street ecept maybe the janitor. This is a very corrupt system. It is rigged to make the big money even more money. It is designed to "borrow"from the little folks{read 401k/IRA} who think they are getting ahead. all that is happening is your money is used to fund monter...more

More crap shoveled our way by the spin doctors. I'm a big saver with no debt, so rising interest rates please me. As long as we run a debt based economy some folks will sweat.

401k's are a rip off. I was working with my attorney on my will. If I pass away before I use all or any of my 401K my heirs will be taxed at a rate based on the total value of the 401K. They can not avoid taxes by rolling in to there 401k or IRA. We are better off donating a percentage of this to either  charity or sto...more

Set up your life style so you are able to save 20%. You live within your means and save 20% you will be able to retire very comfortably.

Rich is one of those terms like"how much is enough?" My wife and I are what I consider financially rich. Our home is paid for, vehicles, boat all paid for. No debt, quite a lot of money in the bank. Too many folks have several different levels of "what is enough." Some think having a bonus income of 100million a year i...more