Are you "lucky"if you have a secure retirement?

[ovrszd]

Note to self: don't play poker with JDgreen

I think he really counted but now is embarrassed that he did.... "luck"

 

[KennyG]

Are you kidding? No, I didn't actually count and formulate that perentage....I just made a LUCKy guess....:laughing: Yes...amazing !!!

86% of all the statistics on the internet are just made up.

 

[riptides]

86% of all the statistics on the internet are just made up.

There are lies, d*** lies, then statistics....

 

[JDgreen227]

I think he really counted but now is embarrassed that he did.... "luck"

If it makes you feel better, I DIDN'T count....

 

[jix]

Wisdom is present in this thread...Now, how do you get your kids to read and heed.

That wisdom, and prospering, comes from:
1. Making good choices
2. Personal disciplne
3. Having good friendships..and valuing them highly.
4 Being willing to listen well.
5 Living simply
6 Working and doing.
7.Making every mistake a learning experience.
8 Thinking clearly
9 Never giving up
10 Sharing good fortune and Trusting
11 Being humble, forgiving, loving and considerate
12 Personal courage
13 Being dutiful to what you believe in.
14. Reading
15 Keeping friends close......
:thumbsup:
Jix

 

[TomSeller]

Or Enron or any one of thousands of failed companies. I've lost almost all of my investment in a few companies over the years, but I've never had nearly all my money in one company and my overall returns have been excellent.

Buy a good selection of low-fee mutual or exchange traded funds. Add a few stocks for individual companies when you think you see an opportunity.

Right now, interest is about 1/3 inflation, so piling all of your money into a savings account will guarantee that you lose buying power over time.

Enron was more than just another company that failed. It was pure fraud and a disgrace. Connected at the highest levels in this country, it was a scandal. It reeked to high heaven in my book and I never invested in it but knew many that lost most of heir life savings.

 

[CobyRupert]

86% of all the statistics on the internet are just made up.

:thumbsup: But to be more precise, 86.348% of internet statistics are made up.

 

[300UGUY]

Enron was more than just another company that failed. It was pure fraud and a disgrace. Connected at the highest levels in this country, it was a scandal. It reeked to high heaven in my book and I never invested in it but knew many that lost most of heir life savings.

The people who really got screwed were the folks who worked for companies bought out by Enron with their funny money. Their retirements got caught up in the bankruptcy, and they lost their jobs.

 

[newbury]

The people who really got screwed were the folks who worked for companies bought out by Enron with their funny money. Their retirements got caught up in the bankruptcy, and they lost their jobs.

And that's what this thread is about - retirement.

It is too late for me to worry about it for myself but how does one make plans to ensure their company does not fail them?

 

[JDgreen227]

The people who really got screwed were the folks who worked for companies bought out by Enron with their funny money. Their retirements got caught up in the bankruptcy, and they lost their jobs.

A few months before the Enron scandal broke, I read in a business magazine (FORTUNE or one of it's ilk) that Enron was considered one of the best companies in America...I still had the magazine and took it to work and everyone who read the article commented on how well the scandal was rigged.