As this is written, the Dow has dropped under 10K. European markets are falling even faster, it is said that 2.5 trillion in world credit (money) has been wiped out. (Makes our 700B look like pocket change/chicken feed, eh?) On the bright side, the Euro has and will continue to fall precipitously against the dollar. Book your overseas vacations soon. This is apt to be a while recovering. Make sure you have enough supplies on hand, and tie up your money in hard goods. Get that new washer while you can. Now is not the time to sit on cash that is losing value.