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Thread: 401 K loses?
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October 21st, 2008, 11:48 AM #1
401 K loses?
So how bad did everyone do this quarter and this year overall?
Just got my Q3 statement, lost all the money I put in for the quarter and went - 203 for the overall. Luckily I have a loan out against it which took a lot of out of the pool otherwise my loses would have doubled easily. think "net loss" was around 1500?
I think for the year so far I'm down about 10% overall.
My wife's is down about 15% ytd, she lost over 800 this quarter as she doesn't have any new going in.
we just moved them all to the most conservative options available... can't afford to stay in anything anywhere near aggressiveThe first vehicles normally on the scene of a crime are ambulances and police cruisers. If you are armed you have a chance to decide who gets transported in which vehicle, if you are not armed then that decision is made for you.
Be prepared, because someone else already is and no one knows their intent except them.
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October 21st, 2008, 11:51 AM #2
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October 21st, 2008, 11:53 AM #3
Re: 401 K loses?
6% loss this quarter, %25 loss on the whole. Doesnt affect me much because im only 23 and only have a few thousand in there so far.
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October 21st, 2008, 11:53 AM #4
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October 21st, 2008, 11:53 AM #5
Re: 401 K loses?
have not looked yet.
have 20 yrs till retirement
sure it will go up by then
unless the world goes to shit
then it won't matter
will itKoli's back from Ambler.
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October 21st, 2008, 11:55 AM #6
Re: 401 K loses?
my buddy works for Hershey Foods adn is retiring next year he told me he lost over $40,000 this past year and will have to find a full time job once retired
Tigers love pepper, they don't like cinnamon !
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October 21st, 2008, 11:57 AM #7
Re: 401 K loses?
I think I am down about 9%, but I have more than made that up in the stock market. I've been investing in the sinking of the financials for the last year and it paid off...
I would set my contributions to the max right now. It's a great time to invest!
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October 21st, 2008, 11:58 AM #8
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October 21st, 2008, 12:04 PM #9
Re: 401 K loses?
agreed , it really is a bad time in history for us, in 50 years i wonder what will be said about these times ?
Tigers love pepper, they don't like cinnamon !
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October 21st, 2008, 12:08 PM #10
Re: 401 K loses?
The first vehicles normally on the scene of a crime are ambulances and police cruisers. If you are armed you have a chance to decide who gets transported in which vehicle, if you are not armed then that decision is made for you.
Be prepared, because someone else already is and no one knows their intent except them.
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