03 March 2009
Can't even come up with a title for this one. Have meeting with financial guy today. Forced to actually sit down and look at the loss to the kids education funds and our retirement. Have been watching, but wanted to believe that we just need to wait this out. Thought we had done the right thing -paid off our college loans, carried no credit card debt, only borrowed a third of what bank offered when we bought our house, put maximum contribution into employment offered retirement, and took every bonus and any left over money and put it in college funds for kids at very conservative investment rate. What idiots we are. Understand how damn lucky we are - have house, job, health, family, a modicum of security. But seeing the kids' colleges funds plunging down the crapper is a bit much. Sorry - will be better tomorrow.