I’m looking foreward to the jumpers.
admin on Oct 11th 2008
If you’re dumb enough to have been following my blog so far, you probably know I’m a few steps ahead of the crowd in the recession game. The stock market is plummeting now, my finances started months ago. It has me wondering though, am I going to do better in the recession because I’ve already hit bottom? There are lots of people who are better off than I am so lots of them stand to lose alot more. I’m just wondering how its going to work. Am I going to get more even with everyone and stay where I am at, or are grocery costs going to go up and I’m going to be worse off?
I’m happy to say I had NOTHING in the stock market at the time it started plummeting. Its just too bad I don’t have a few hundred thousand to dump into the market now. Since it has got to be reaching the bottom soon, I could get some great stock deals today. At least thats how I think it is going to work.
Sadly I already know the cost of groceries, gasoline, ect will skyrocket soon. I can only hope there isn’t any hidden clause in my home mortgage or my equity line that will allow me to be exploited. I can easily pay my mortgage and loan as it is, even if I were to lose my job. I could temp and make enough to cover them so I don’t need to worry about staying current there. I just don’t know if somehow the bank can raise my interest rate or change my loan to make it cost me more. If it does I’ll be in real trouble.
It will be interesting to see how the things go. I haven’t heard about any stock brokers jumping out of windows just yet. Its a bit morbid, but I’m looking foreward to the news stories with live video of the jumpers… I’m sick…
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