The Dow opened under 8,000 this morning.  The last two weeks is what’s known as Time Travel for Investors… trouble is, your time machine is going in the wrong direction!

So what are we supposed to do when five years of our retirement savings disappear almost overnight?

The “gurus” tell us to keep saving money away, but since October 12, 2007 the Dow went from 14,093 to under 8,000 today - which means that the gurus have lost close to 40% of your money! “Keep working hard…this will all blow over!” they repeat over and over.  Meanwhile, banks are dropping like flies! We only hear about the big guys - WaMu, IndyMac, Wachovia… but the number of bank failures in 2008 stands at 30 and we’re not done yet.  How much more stress can our banking system handle?

Do you believe anyone who tells you not to worry, since you’ll have Social Security and Medicare?

So what SHOULD you do?

Here’s some free advice.  Don’t stick your head in the sand…take action!  A good, solid plan using in-demand Myrtle Beach real estate to build cash flow and long term appreciation is more useful today than ever before.  Do YOU have a plan?

Our Carolina Income For Life members do.