Do most Americans even care what the market does? /nt
still_one
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Thu Sep-25-08 09:44 PM
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Do most Americans even care what the market does? /nt
glowing
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Thu Sep-25-08 09:46 PM
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1. If their money for retirement is invested in the market and they are near
retirement, YES... If they are younger, like me, you don't really because you can't afford to borrow any money and your job doesn't even offer a 401K.
still_one
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Thu Sep-25-08 09:47 PM
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4. However, if the market drops enough, jobs will dry up also /nt
bigtree
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Thu Sep-25-08 09:47 PM
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2. they care about the economic consequences
job loss, pay cuts, lost dividends in retirement accounts . . .
still_one
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Thu Sep-25-08 09:51 PM
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9. If there is no deal before Monday, I suspect we will see a record sell-off /nt
EV_Ares
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Thu Sep-25-08 09:47 PM
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3. Yes and yes, many people have their reitirement in 401Ks. eom.
mmonk
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Thu Sep-25-08 09:47 PM
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5. Those with retirement plans and those
that are retired on fixed income instruments or investments. There are still many who don't because they don't understand it and figure it won't affect them.
AlCzervik
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Thu Sep-25-08 09:48 PM
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6. i do, i don't have much in the way of stocks but the ones i own have been all over
the place for the past 2 weeks. I swear i'm not even looking tomorrow.
still_one
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Thu Sep-25-08 09:52 PM
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10. It will even be worse on Monday if nothing is decided /nt
AlCzervik
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Thu Sep-25-08 09:54 PM
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11. i'm still not looking and i'm worried about the money market account we have.
i have a kid to put through college in 5 years and as we know college funds are getting harder to aquire.
still_one
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Fri Sep-26-08 03:13 AM
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14. Probably a wise thing not to look /nt
MichiganVote
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Thu Sep-25-08 09:50 PM
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7. What else do we manufacture in the US besides paper money? Yes it matters.
bdamomma
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Thu Sep-25-08 09:50 PM
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8. people in retirement do.
HughMoran
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Thu Sep-25-08 09:56 PM
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12. I've lost > 30% of my net worth already
...and we haven't even seen a crash yet. So, I do care about the fact that the kids college fund has been cut in half, yes.
stillcool
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Thu Sep-25-08 10:07 PM
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13. not unless they can see how..
the consequences will affect them. Maybe not until they 'feel' them.
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