FlyerTalk Forums - View Single Post - How is the market meltdown affecting your travel?
Old Oct 6, 2008, 11:27 am
  #5  
MarqFlyer
 
Join Date: Feb 2007
Programs: DL Plat, Marriott Gold
Posts: 1,314
Originally Posted by iahphx
Is any of this affecting your personal or business travel yet? Why or why not?
No.

Business -- when a client needs me, they really need me, and travel costs don't affect their thought process much.

Personal -- most of my "at risk" investments are in 401k/403b type accounts or IRAs from previous employers. Sure, they've tanked, but I have enough time to retirement (15+ years) that current values in those accounts aren't a big concern when considering what I'll do today.

The bulk of my accounts that I use for current expenses (like trips, home repairs, etc.) are in more conservative investments, which have been largely unaffected by the current downturn.

I'll also add that I don't take out loans often -- my only debt (current and for the forseeable future) is my home mortgage, so the increasing cost of credit doesn't impact my buying patterns.
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