Who Should I Trust?

 Over the past year, I have watched my investments plummet then make a feeble attempt at recovery, only to nosedive again this past week. The economic news mirrors my concern.  We might be in an economic bubble or we might be on the road to recovery.  Who knows?  Apparently no one can say for sure, despite their educational background or their position of power.  I question whether my IRA will ever be healthy enough for me to retire on.  Then, I tell myself not to worry, retirement is highly over-rated and what would I do with all that time on my hands anyway, especially if I can’t afford the lifestyle I want to become accustomed to.  See?  Even my sense of humor is suffering from this financial burden.

I am not sure who is to be trusted anymore.  I was struck dumb, when I heard that the bank executives who put us in this economic tsunami must be given their million-dollar bonuses or they will go some place else to work. I say, “Let them go!”  These people have proven to the world that they are the epitome of incompetency.  I don’t understand why they kept their jobs in the first place, and I really don’t understand, knowing their history, who would hire them now.  We have finally reached that point where the world has turned upside down, common sense has been abandoned and logic is non-existent.  Hey folks, Nero is back, and Rome is burning.

I’m not one for idly standing by and yet, where my finaces are concerned, I must confess, I have taken the passive road.  I have trusted strangers to turn my hard earned money into a comfortable nest egg.  I hypnotized myself into believing that since the investmenet firm had an old,  established name, it was a safe place to invest.  Silly me.  Over the years I have learned that the only  one who can take care of me the way I want to be taken care of, is me.  And if I want to see a safe, secure financial future, than it is up to me to take the necessary action to make it happen.  I have made a commitment to handle my own financial future.  I have enrolled in investment classes and when I am done, I will have the knowledge I need to chart my own path. 

Wish me luck and follow my progress here.