Troubled times

[Operator]

I want blunt and up front as to why I am writing this thread. The U.S./ world economies are far too shaky right now. Don’t spend your money on items you don’t need like expensive Swiss watches. You may need that money to get survive with/on.

I work in an occupation where I am around powerful people with big money. These guy/gals will be fine regardless of what happens with the economy. These people foresaw what the market is doing over a year ago. They have locked down their investments due to the fact they mostly feel a economic typhoon is coming that could set the “average middle class person” back tens of thousands of dollars if not more.

I don’t have the time to write every aspect of why you should guard your extra cash. I feel the current times should be proof enough for that.

I am speaking to the middle class guy of gal who buys a Rolex on credit. Who saves up to buy a watch but has little to no money for retirement. Who buys a watch thinking I can always get most of my money back if I have to sell it (go to a pawn shop or grey market dealer and see what your watch it worth today right now. You are in for a shock). Who thinks that they will actually make money on a Swiss watch (very foolish) or one who thinks owning a Swiss watch some how makes you a better person.

Please be very careful in these difficult times. Please take care of your loved ones first before you spend your money on any luxury items you just do not really need and can live without.