Folks please take a look at your investments NOW [View All]

[TwixVoy]

I will not tell anyone what financial moves to make in this thread or tell you the sky is falling.

But I just want to suggest to any DUers with a 401K or other investments to take a moment SOON to read some articles on what has been going on with the dollar and do a little bit of economic research beyond reading the headlines you see in the MSM telling you all is well.

A lot of people were caught off guard at the end of 2007/early 2008. I was here posting back then that the internal retail sales numbers nation wide had fallen off a cliff at Target (which I didn't name back then due to fear of retaliation from Target) and that something major was coming down the pipe. Unfortunately I no longer work at Target and can't see those numbers my self, but from former co-workers I have spoken to recently they have taken another turn for the worse recently. That is not a good sign at all. A lot of this "recovery" talk is based on the belief we will see a consumer driven recovery. Come the end of fourth quarter if that doesn't materialize it will be another disaster.

Also PLEASE read some economic articles at sites *dedicated* to the economy/markets instead of what you get from CNN et al. I love how we have already just lost another half a million jobs and the MSM is already trying to tell you it's not that bad. There is a lot more to pay attention to than consumer sales and job losses coming down the pipe.

Read what is out there and make your moves accordingly, but please do your research soon.

Also if you have a job and have debt please consider using this time to pay that debt as much as possible.