This thread has definitely lit a fire under my ass. I've had an interest in handling my own investments/retirement after checking on my 401k about 4 years ago and seeing that it took a 50% loss. I've read a few books and have talked to some "professionals" (I use that term loosely because I really didn't feel as if I gained much by talking to them) and not one has broken it down into something I can relate to or truly understand. Greg, I feel that your explanations have helped me too really see the BIG picture and understand in the simplest form where I need to start and what I have to do to get going. THANK YOU.
And to the other contributing members, your information has also helped me to realize that there are other areas that are worth considering if stocks aren't your cup of tea. 2011 was an eye opening year for me after losing my house. Although I have never lived above my means I feel I can definitely downsize even more and get back on track and make 2012 a positive year both financially and personally.
Truly a must read thread for anyone looking to step up their financial game.