Read this article here:
http://www.msnbc.msn.com/id/20039819/
I thought it explained the connection between what is going on with the sub-prime mortgage field and how it is affecting the regular Joe in the stock market quite well.
Fortunately for me the real estate mess has not clobbered my 401K but I know it has gotten to a lot of people's 401Ks.
Why Did the Real Estate Mess Clobber my 401K?
August 7th, 2007 at 08:08 pm