Market Ticker Forums
Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2011 In Review)
Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
Rss Icon RSS available
MarketTicker Forums Single Post Display (Show in context)
User: Not logged on
Top Login Control Panel FAQ Register Logout
User Info Bank insider: overdrafts up, cash out, auto loans late...; entered at 2007-12-01 20:15:22
Matt
Posts: 5358
Registered: 2007-06-26 Bothell, WA
Yeah, it's sad. I was able to convince my parents as too the scenario that was likely to play out almost a year ago. Yet they still went out and purchased a second house and probably have 6x their combined annual income in mortgage/heloc debt and virtually no savings...

Plus my dads pension appears to be invested in a county pool that bought a bunch of subprime securities.
2007-12-01 20:15:22