We are sitting here watching the Cowboys vs. Eagles game. Talk about some great football! And I don't even like football that much (I love T "I love me some me" O he's so funny and I'd love to have earrings like his- Jackson, hint hint!!) Quite an exciting game.
So let's talk about today. The market dropped 504 points in one day. What a disaster. The market's lowest day in 2 years. (thankfully I moved a lot of positions to cash last week on an up day- score Petefish) People hit their panic buttons at AMG. I was in meetings all morning learning how to respond to clients. A.) Clients NEVER ask me about their investments unless they need to take a gain or a loss B.) We did not even own Lehman, Merrill or AIG! So why on earth make Jenna sit in a forever long meeting?! ARG! I think the market will correct itself. During the meeting the staunch Dems in the room kept cursing George W. Bush. I leaned over to the guy next to me and whispered, "If I were G.W. I'd be sitting in the office going 'take that, suckers! you'll always need oil!' and then go shopping" he about died trying to hold in his laughter during the meeting. I mean honestly did G.W. tell Lehman and Merrill to give out mortgages to people who cannot afford them? Nope. I am certain he had nothing to do with that. Why doesn't anyone ever get mad at the Federal Reserve? They control the interest rates that made people think they could afford more than they could. They opened up funds for these poorly reviewed mortgages. (Jackson may disagree with my stance on this)
The Noblesville house had an inspection today for our refinance. Susie represented us, thanks Susie! She thinks it went well. This market condition should only help us to get a lower 30 year fixed rate so I'm pleased with that. We plan to keep it as a rental forever. We also found the plans for the house we'd like to build in the Zionsville/Carmel or Pendleton area in a few years. (Click the title at the top of this post to be linked to the house plans)
I am glad people enjoyed Jackson's post. Let me make it clear that I do not tell him he cannot post, he just does not do it. He can whenever he wants, Kathryn. ;) I wish that I could have been having a day off today like Grace!
We got a Colts flag in the mail today. Thank you, Aunt Jill and Uncle Charlie! :) Jackson was pretty excited to wave it after the big win. We're hoping no Broncos fans try to mess with us!
2 comments:
I vote for Pendelton!!!!! That would close for both Susan and I to see our Grandpup and the future Kate & Carter. I LOVE that!!!!
I am so glad that you have a head for the obvious, I agree how could GW by responsible for the decisions that companies have made, they were the greedy ones. I feel you are also correct in saying that the market will correct itself. You know all of our actions have consequences, if we act as individuals or as a company the consequences will come. Too bad so many will suffer because of the bad decisions of a few within a company.
Rant over...I love you hope you have a great day! We just need to remember that ultimately God is still in charge.
i love you, and your blog jenna, but gw got us in a needless war by lying to us. that war is costing us billions and billions of dollars and thousands of lives. if gw is sitting anywhere laughing, he should be spanked.
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