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  LiveWire / College Forums / Free & Open Discussion / Viewing Topic

Since the economy is tanking, and will most likely...
Replies: 19Last Post Jan. 6 3:51pm by HiggledyPiggledy
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Dass


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if u think most people dont have a clue than u dont know wtf ure talking about

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1:57 pm on Dec. 31, 2008 | Joined: Nov. 2008 | Days Active: 118
Join to learn more about Dass Russia | Straight Male | Posts: 4,008 | Points: 5,315
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Dass


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Quote: from theboxman at 1:46 pm on Dec. 31, 2008

I am going to start robbing banks
c ya on utube

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1:58 pm on Dec. 31, 2008 | Joined: Nov. 2008 | Days Active: 118
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soldierofjustice3


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Buying ammo.

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1:59 pm on Dec. 31, 2008 | Joined: Oct. 2004 | Days Active: 747
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636lover


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Well the economic troubles touched pretty close to home for me I kid you not, this morning a lot of people at my job got laid off and they gave them no prior warning or anything!

My friend was one of those people who called and told me (I was off today). Luckily I'm not one of those people but I'm saving for college right now and i could really do with some stability in order to plan. Thankfully I'm on the verge of getting another job in my career field soon (hopefully) but still, these people have kids and families to feed.....

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when will i win the lottery?


6:01 pm on Dec. 31, 2008 | Joined: Sep. 2005 | Days Active: 93
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HiggledyPiggledy


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Quote: from Markusseven77 at 9:45 pm on Dec. 31, 2008

Collapse this year in 2009 here in America, What are you people doing to prepare? Or are you like most people who have no clue what's going on?

I keep my saving spread about. Sometimes I'll invest in a Blue Chip company like Cadbury's, BP, or Pearson. Most of the time I'll be looking to save on direct debits, reducing my monthly payments, and taking a new bank account out with Alglo-Irish Bank. They're offering 5% bonds for a standard 12 months. Also spreading some money into Abbey Offshore, who are offering 6%-12%.

The Euro is unwelcome even in my country. It's forced inflation up on the island where I used to live by 40% since January 2008.

My reckoning is this April in the UK, income tax will come down. But only this year. Next tax year it'll be up higher again.

It's good that petrol prices have lowered.

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3:51 pm on Jan. 6, 2009 | Joined: Dec. 2008 | Days Active: 56
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