Okay, I understand everything that you talked about in this report, David, ... except... Why the left side of the bed as you face the headboard ?

Greetings, Pegasus0, and welcome. You asked:

Okay, I understand everything that you talked about in this report, David, ... except... Why the left side of the bed as you face the headboard ?

LOL.

That's an easy one. I'm right-handed, so I discriminate against southpaws. By choosing the side that's on the left as I'm facing the headboard, my drinking glass, the TV remote, and any reading materials on my bedside stand remain within easy reach.

Regards..Pixy

Wow, I guess perhaps I must be ambidextrous

What article??? I've been away for a while and I guess I missed it.

cfdunton asks:

What article??? I've been away for a while and I guess I missed it.

See "Our Retirement Security in Danger" in the retirement column archives at http://www.fool.com/retirement/retireeport/2001/retireeport2001.htm

Regards..Pixy

TMFPixy

Just read your article "Our Retirement Security in Danger".

I have to look no farther that my own kids to know that saving for the future is not a priority with some of the younger generation. However, it seems to me, we are sending mixed signals to them.

On the one hand we say, spend less and save for retirement. On the other we tell them, consumer spending is the engine that drives our economy. Without consumer spending, our economy would decline, companies would go broke, jobs would be lost. I've even heard some economist recently advise people to "spend" their tax rebates, as opposed to saving and investing it. The economy needs the boost they say.

I believe there must be some middle ground here. We must teach our young people to spend wisely and save/invest wisely. There is a way to do both.

And, by the way, Washington and our States could use some of the same advice.

Sam

Sam writes:

We must teach our young people to spend wisely and save/invest wisely. There is a way to do both.

You certainly won't get an argument from me on that point. Such education should be mandatory nationwide starting in elementary school IMHO.

Regards..Pixy

I heard once where 401k money is not considered in the national savings rate; only after-tax money is counted. It seems, if true, that this would make for an awfully misleading national savings rate.

Does anyone know?

Ah, now you have hit on a subject dear to my heart. I have never understood how we can expect our children to understand capitalism (and the importance of saving and investing) if we don't teach it to them in our schools. We don't and it doesn't look like we will any time soon.