Thursday, November 20, 2008

This is bad

Again, your eyes aren't deceiving you....that really is gas for $1.68.  I know, I know, everyone loves these low prices.  But let me give you one thought to ponder on.....how much were you worth say 9 months ago when gas was $3.50 and crude was over $100/bbl.  Yes, we were paying a few hundred dollars a month more for gasoline, but I know my investments were worth at least $15k higher than they are today, with no bottom in site.  I try not to even look at the statements anymore.   It's bad.  And it's not like these gas prices are going to spark consumer spending.  People still aren't stable enough for that.  We're all being ginger with our spending right now.   I just never thought prices would be this low again.

1 comment:

Joanne said...

You're right. I have been so excited at the dropping prices, but I won't open our investment statments, either! Something to ponder (especially since our credit cards will be so much higher with holiday spending soon)! Ugh.

By the way...I love the new look of your blog. Very cute!