Just When You Think--
11-22-2008, 12:15 PM
#1
0.0 BAR
Thread Starter
Join Date: Oct 2003
Location: Mile High--HMT
Posts: 0
Just When You Think--
it can't get any worse---RANT
After havin a 401k since 1983 and looking forward to nice retirement, thats out the window, because of the stock market
est. loss, a little over 200k
A home that was paid off but took out a loan to help my oldest son and his family buy one, ( that was part of his inheritance )
Home value 1 year ago 255k---Today 130k
Go into work yesterday with 6 other people, 4of us laid off by 9am.
I had worked there 9 1/2 years. I just turned 55 a few weeks back and now I have to go and look for a new job and start over, -----ME
The company I workrd for has 6 stores here in Colo. and 2 in Neb. and are laying off 3-4 people at each location in our division ( irrigation )
We were the largest distributer for TORO & RAINBIRD supplies
The thing that hits me the hardest is we can't finish our father & son build and we only have a little ways to go. The motor is done, waiting on a
few suspension parts and thats done, I have the turbo,wg, bov, IC, Hondata, prologger, all wiring harness etc. The only things left are new fuel system and lines to convert to AN, AN lines and fittings for and including catch can, turbo manny, down pipe and dump tube and a few othe little things
Just a little RANT
After havin a 401k since 1983 and looking forward to nice retirement, thats out the window, because of the stock market
est. loss, a little over 200k
A home that was paid off but took out a loan to help my oldest son and his family buy one, ( that was part of his inheritance )
Home value 1 year ago 255k---Today 130k
Go into work yesterday with 6 other people, 4of us laid off by 9am.
I had worked there 9 1/2 years. I just turned 55 a few weeks back and now I have to go and look for a new job and start over, -----ME
The company I workrd for has 6 stores here in Colo. and 2 in Neb. and are laying off 3-4 people at each location in our division ( irrigation )
We were the largest distributer for TORO & RAINBIRD supplies
The thing that hits me the hardest is we can't finish our father & son build and we only have a little ways to go. The motor is done, waiting on a
few suspension parts and thats done, I have the turbo,wg, bov, IC, Hondata, prologger, all wiring harness etc. The only things left are new fuel system and lines to convert to AN, AN lines and fittings for and including catch can, turbo manny, down pipe and dump tube and a few othe little things
Just a little RANT
11-22-2008, 12:41 PM
#2
0.0 BAR
Join Date: Nov 2003
Posts: 0
Re: Just When You Think--
wow I fell sorry for guys like you, I know the markets are complete ---- and will turn around but ---- at 55 you dont have alot of time to wait untill you want to retire. Sounds like you had your ---- together to. I dont know what the answer is, ---- is so unstable right now anything could happen. Best of luck to you sir! Keep your head up 
