ST Alpha - "SITWAP: *hyde signal* US household debt declines. For the first time ever. -- (link)" (Reading a Post)

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SITWAP: hyde signal US household debt declines. For the first time ever. -- (link)

Posted by TaurusII Dec 11 '08, 12:02

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http://money.cnn.com/2008/12/11/news/economy/flow_of_funds/index.htm?postversion=2008121113 (money.cnn.com)

Responses:

this summer I drained an old saving account paying .25% and paid off all my credit cards charging 15-18% -- nm - zeitgeist Dec 11, 12:06 6
- Likely the best investment you'll ever make. -- nm - TaurusII Dec 11, 12:09 3
  - i'm wondering if i should stop putting so much into my 401k and use that money to pay down debts. - kare Dec 11, 12:17 2
    - Stock prices seem to be stabilizing, or at least thrashing in a somewhat narrow range. - TaurusII Dec 11, 12:22
    - I would invest up to the limit of your company match, and not a penny more. -- nm - znufrii Dec 11, 12:19
- smart move. -- nm - znufrii Dec 11, 12:07 1
  - so now you'all can put a 20$ gold piece on my watch chain so the boys'll know I died standing pat. -- nm - zeitgeist Dec 11, 12:16
[deleted]
it's sort of discomforting to see just how seriously the economy is based on that bit about carrying twice your cargo limit in birds by getting half - Reagen Dec 11, 12:04 1
- that's a perfect illustration, imho. -- nm - znufrii Dec 11, 12:06

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