Where Are All The Canadians?
Went into Yuma the other day and could count on one hand the number of Canadian cars that we saw. I know that the exchange rate and our travel insurance has gone up but did not think that it would e...
Forum Discussion
IMHO, you need to decouple yourself from the price of oil. I know you have a vast amount in the west, so it only makes sense. The problem is when oil is high the world economy suffers, driving the need for oil down. Like a dog chasing it's tail.
When oil was high the US stock market went into the tank while investors were jumping ship to commodities. Many US snowbirds watched their retirement savings simply vanish overnight (thus the water to the soup.) What really hurt was spending those depleted investment savings eliminating all chances of a future recovery in the market.
Be thankful for what you have. In the US you need a three legged stool to retire. One is a non government pension, two is your savings, and the third is our governments SS. We now are losing our company pensions, savings come and go like the changing tides, and SS is in jeopardy of bankruptcy. Add in our medical costs, and you start to get a perfect storm on the horizon.
When oil was high the US stock market went into the tank while investors were jumping ship to commodities. Many US snowbirds watched their retirement savings simply vanish overnight (thus the water to the soup.) What really hurt was spending those depleted investment savings eliminating all chances of a future recovery in the market.
Be thankful for what you have. In the US you need a three legged stool to retire. One is a non government pension, two is your savings, and the third is our governments SS. We now are losing our company pensions, savings come and go like the changing tides, and SS is in jeopardy of bankruptcy. Add in our medical costs, and you start to get a perfect storm on the horizon.
