To the older members of DU

[Frustratedlady]

31. When Bush was in office, I got a sick feeling on how the economy was going.

I opened up DU one morning and there was all kinds of fuss going on about the stock market and shenanigans that were happening. Not being real familiar with DU but concerned, I called my life insurance agent and asked him what he thought.

He said a lot of his older clients were pulling their funds out of the market because they were depending on that money to be there if they needed a nursing home or had major expenses and didn't feel confident enough to take the risk...particularly, due to Bush. He gave me several options and I ended up pulling my funds out of the market and putting it into a guaranteed savings with 3-4% interest, which was much better than other investments at that time. It remained in that account until Bush was gone so I didn't get hurt with the drop.

Slow and steady felt better than taking a chance with the market. I don't trust them. I have taken some of the interest and invested in the market to ride it to the place it is today. Now, I'm wondering about pulling it back and putting it back in that guaranteed savings.