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Page: Profile: Wren's Nest News Local
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Article: 20989
[Society]
Date Posted:
8/5/2009
9:44:15 am EDT
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Views: 2,657
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Some Seek A Crystal Ball In A Murky Market
Author: Jennifer Latson Source: Houston Chronicle (TX)
Title: SOME SEEK A CRYSTAL BALL IN A MURKY MARKET
Cheryl Lucas' questions could stump even the sharpest financial adviser. The 63-year-old Houston woman, who lost three-quarters of her retirement savings in the economic downturn, wants to know whether she'll ever get that money back — and if so, when. Should she go back to work, and doing what? Will she have to move, and where?
They're the kind of questions it would take a crystal ball to answer. And that, in essence, is what she sought.
On a recent afternoon, Lucas sat in Kim O'Neill's Spring dining room drinking lemonade and reading the questions off a list she had typed up for the appointment. O'Neill, a 53-year-old self-described soccer mom, sat at the head of the table scribbling on sticky notes as she closed her eyes and nodded.
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