These are different, GM bonds not GM stock. They are backed by the GM buildings and equipment. Totally not the same. Yes GM stock became worthless. This isn't the place for finical advice. Talk to your finical adviser. If you don't have one, get one.
What people need to see if that when they were working they got raises. I started working in college for $1/hr minimum wage. Now minimum wage is more than 7x. The 31 years I worked my wages increased over 7X. My mom died when she was 88. Her SS was a little over $600. When she first started drawing SS she thought she could live on that. NO WAY. People need to thing long term or you will be like my mom and brother. Living with your kids or in the poor house.
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Today's Featured Article - Talk of the Town: Diesel Vs. Gasoline - by Staff. Another neat discussion from the Tractor Talk Discussion Forum. The discussion started out with the following post: " I am in the market for an older tractor (to be read... cheap). I have been told a diesel holds up better than a gasoline engine as far a wear, tear, neglect and abuse. Since I am looking at older tractors that have probably been through it all, is it better to buy diesel? I do expect to have to do a good bit of work on
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