Thread: Possible recession changing your Car hobby purchasing plans?
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Old 03-21-2008, 06:55 PM
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tmareina tmareina is offline
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Join Date: Feb 2006
Location: Quincy, CA
Cobra Make, Engine: Unique #9159 428 FE 614HP by FE Specialties
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I retired a year ago and I don't plan on doing nothing. I'll be driving the cobra and enjoying the life I planned on having before the recession or whatever it is started . I've been through many of these little crisses, the last one in 2001-2004 when the market dropped over 30%...it came back strong and it will again. Don't panic and sell...the BIG money investors hope you will so they can make more money on your misfortune. After all 401k's are for the long term. I don't plan on moving so the dip in the housing market will only affect you if you are going to sell. Enjoy life, smile and drive the Cobra...if that doesn't put a smile on your face you have BIG problems!!!!

See some of you at WSCB in May. Those of you that will not attend...you'll be missing a GREAT time.

Tom
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