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PostPosted: Tue Nov 22, 2005 9:00 pm 
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KILLFILED

Joined: Mon Oct 25, 2004 8:14 pm
Posts: 15027
Location: There n' here.
Damen Wrote:
IBS really made it easy on the kids for the shuffle back & forth,[...]


To the restroom?


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PostPosted: Tue Nov 22, 2005 11:13 pm 
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Go Platinum

Joined: Mon Oct 25, 2004 10:26 pm
Posts: 6459
My company shed about 25,000 jobs, from 80,000 to 55,000. We're still over-staffed.

The UAW are almost as stupid as the IAM.

If they file, and they will, kiss the defined benefit pensions good-bye, and welcome to the club. Lost my DBP last year, after losing about $40K in company stock value.

Lesson to all you kids at home: SAVE SAVE SAVE Max out your Roth IRA contributions, and dump whatever's left in a 401K. Social Security ain't gonna be there, and pensions are a dinosaur.


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PostPosted: Wed Nov 23, 2005 2:16 pm 
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Go Platinum
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Joined: Tue Oct 26, 2004 1:20 pm
Posts: 7730
Location: Portland, OR
I hear ya.... I was telling my husband the other night that we need to start investing a lot more. We've got a few stocks, and both are contributing around 15% of our paychecks to 401(k), but I still feel like we don't do enough.


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PostPosted: Wed Nov 23, 2005 2:34 pm 
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Go Platinum
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Joined: Tue Oct 26, 2004 1:20 pm
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Location: Portland, OR
oh, btw, timmy, chatted with my mom this morning, and they don't know how/if the layoffs will affect my dad. They're supposed to go to a shareholders' meeting in mid-December, and I'm sure they'll find out more then. Still, no fun, but their house is paid for and both cars are paid for... it's not like they're spending a lot of their money. I just worry about the health care aspect.


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