#388744 - 10/16/0803:35 AMRe: Not good for any of us
Exactly why my husband and I have told our employers to stop taking deductions out of our paychecks for our 401K's. This mess is so bad that it's going to take at least 25 years to recover from it, and at our age, we can't wait that long. To keep dumping cash into the stock market is insane. But some people like to gamble. If they are young, they might live long enough to see a profit from buying low, but for those who are our age, enough is enough. Time to cut losses and pay down debt.<br><br>
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