Have the economy
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Have the economy
| Thu, 02-05-2009 - 8:17am |
problems hit you/your family on a personal level?
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DH has a job.
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Nope.
There are layoffs coming in March at DH's work 24 people out of 250 or so, mostly union jobs, a few management. His company as a whole is laying off 12,000 nationwide
My nuclear family? No.
Yes.
2 of my co workers just were laid off and all department directors too a 2% paycut.
Yes, BIL is getting clobbered. He involved himself in some real estate speculation at the wrongest time. A cousin was until recently finding places to invest the ill-gotten gains earned on mortgage-backed securities, that job and the company evaporated virtually overnight.
Dh and I are fine, knock wood, but given how the economy is looking generally, I admit that I am a little glad that dd chose not to go to the fancy private school after all.
No, not really.
********
Ducky
Not in the short run. On paper though, we've lost about 25% of our net worth - about 2.5 years of investing. But we're hanging tight.
My ILs, who live entirely off their investments and SS, are hurting, but somehow found the cash to take a 9 day Caribbean cruise, so I'm not crying for them.
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