401K

Post by **mattash** » Wed Jan 23, 2008 10:31 pm

How is everyone doing?

I have lost over 1k since Jan 1

PointerFan02 · Post by **PointerFan02** » Wed Jan 23, 2008 11:42 pm

I haven't looked at mine ... Maybe I should!! :roll:

Manwithplan · Post by **Manwithplan** » Thu Jan 24, 2008 6:15 am

mattash wrote:How is everyone doing?

I have lost over 1k since Jan 1

You have faired better than me. I have lost over 3k.

someoverkill · Post by **someoverkill** » Thu Jan 24, 2008 9:29 am

Good job on the Bear fund Tobias. You have been buying cheap shares for about 10 years now. It is good to see that fund finally get some positive returns.

Frank Reagan · Post by **Frank Reagan** » Thu Jan 24, 2008 10:00 am

I don't know since the first of the year, but my wife has lost a ton since her 401k topped out 4th quarter last year. If it were only 1k, I'd do back flips. It is really depressing. I guess if you go with the two money gurus that I listen to; you shouldn't worry if you have the stomach for it. If you still have 10, 20 or even 30 years left to put in the 401k, you will be ok. Cram money in now, buy low, lowering your cost basis and you will reap the benefits later in life and then when you get closer to retirement, adjust the stocks and funds in your portfolio to safer return areas.

ManitouDan · Post by **ManitouDan** » Thu Jan 24, 2008 10:49 am

count me in the "afriad to look" crowd. MD the answer is alot.

ManitouDan · Post by **ManitouDan** » Thu Jan 24, 2008 10:52 am

Tobias --maybe the indigestion from the market will help the weight loss ! MD

Sweet Pea · Post by **Sweet Pea** » Thu Jan 24, 2008 10:56 am

8k since the end of December.. :oops:

Joe Strummer · Post by **Joe Strummer** » Thu Jan 24, 2008 11:55 am

"So, Focker, how's your portfolio?"

".....Strong, .....I'd have to say strong..."

ManitouDan · Post by **ManitouDan** » Thu Jan 24, 2008 1:06 pm

nothin' like double digit gains. MD as long as it is'nt in pounds

someoverkill · Post by **someoverkill** » Thu Jan 24, 2008 1:33 pm

Sell BEARX now and you have a tremendous gain. You would be a fat cat indeed. 1.36% positive return is not great over a 10 year period, but if you get out on a 10% run, you would be served well.

Post by **mattash** » Thu Jan 24, 2008 6:23 pm

Went back up 100.00

SoutheasternOhioPreps.com

401K

401K

Re: 401K