rajncajn Posted March 4, 2008 Share Posted March 4, 2008 (edited) Sure Could you tell Mom I'm thirsty? Edited March 4, 2008 by rajncajn Quote Link to comment Share on other sites More sharing options...
twiley Posted March 4, 2008 Share Posted March 4, 2008 Could you tell Mom I'm thirsty? Quote Link to comment Share on other sites More sharing options...
BeeR Posted March 4, 2008 Author Share Posted March 4, 2008 starting to wonder if all new money shouldn't be put into money market funds until the blood bath ends. I actually have a large chunk of $ in a money mkt right now - it's getting a pitiful 3ish % and still beating my 401/IRAs. Dollar cost average is your friend. True enough. Funny thing is I think a lot of people do this w/o even realizing it (ie company "auto deductions" from their paycheck). Really I shoulda got into international stocks a LOT sooner. It's not unusual for them to be pulling 20-30% returns, and I don't mean just last week either...ie for last 3, 5, even 10 yrs. Quote Link to comment Share on other sites More sharing options...
TimC Posted March 4, 2008 Share Posted March 4, 2008 Personal Rate of Return from 01/01/2008 to 02/29/2008 is -7.6% The only one getting rich in this whole 401(k) scheme is Fidelity Investments. Quote Link to comment Share on other sites More sharing options...
Tboogs Posted March 4, 2008 Share Posted March 4, 2008 The Great One is on CNBC right now!! Quote Link to comment Share on other sites More sharing options...
Czarina Posted March 4, 2008 Share Posted March 4, 2008 Yeah, we're living on it. Quote Link to comment Share on other sites More sharing options...
Jimmy Neutron Posted March 4, 2008 Share Posted March 4, 2008 -2.2% so fat this year. Quote Link to comment Share on other sites More sharing options...
Coffeeman Posted March 4, 2008 Share Posted March 4, 2008 It all depends on your age/timing. With another roughly 20 years to go, I'm not worried yet. And I think its a mistake to pull completely out into cash if you're young - do you think you're really that good at 'calling the bottom'? Dollar cost averaging is the way to go... But if I was almost 60 and watched as I lost maybe $100k in the last few months, yeah, I'd be pissed and concerned. I feel for those who may have to work an extra year or two to make up for it all of a sudden, BUT....your advisors should be telling you to move more and more out of stocks and into bonds and/or money market/CDs each year closer you get to your target date. Be smart, people... Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted March 4, 2008 Share Posted March 4, 2008 BUT....your advisors should be telling you to move more and more out of stocks and into bonds and/or money market/CDs each year closer you get to your target date. Be smart, people... +1. Stock holdings need to be gradually reduced over time beginning about 5 years away from retirement, IMO. Leave only what you can afford to lose. Quote Link to comment Share on other sites More sharing options...
BeeR Posted March 4, 2008 Author Share Posted March 4, 2008 It all depends on your age/timing. With another roughly 20 years to go, I'm not worried yet. And I think its a mistake to pull completely out into cash if you're young - do you think you're really that good at 'calling the bottom'? Dollar cost averaging is the way to go... But if I was almost 60 and watched as I lost maybe $100k in the last few months, yeah, I'd be pissed and concerned. I feel for those who may have to work an extra year or two to make up for it all of a sudden, BUT....your advisors should be telling you to move more and more out of stocks and into bonds and/or money market/CDs each year closer you get to your target date. Be smart, people... exactly. I have very little in bonds right now but as time goes on... Quote Link to comment Share on other sites More sharing options...
cre8tiff Posted March 4, 2008 Share Posted March 4, 2008 I'm actually up a little (1.73%).But I was heavily diversified in international stuff. Quote Link to comment Share on other sites More sharing options...
isleseeya Posted March 5, 2008 Share Posted March 5, 2008 i once got attacked by a robin as i was too close to her nest and egg Quote Link to comment Share on other sites More sharing options...
BeeR Posted March 5, 2008 Author Share Posted March 5, 2008 I'm actually up a little (1.73%).But I was heavily diversified in international stuff. I damn near cry for not investing in international stuff more. They've been just....I mean.....look at the bones! Quote Link to comment Share on other sites More sharing options...
Grits and Shins Posted March 5, 2008 Share Posted March 5, 2008 (edited) Company 401K -6.84% over the last 3 months Biggest 401K -4.2% over the last year I don't anticipate needing these funds for another 20+ years so I am riding it out ... I am mostly invested in aggressive stock funds Edited March 5, 2008 by Grits and Shins Quote Link to comment Share on other sites More sharing options...
SheikYerbuti Posted March 5, 2008 Share Posted March 5, 2008 Dubya said that the U.S. is not in a recession, and we won't be entering one. . .so, I'm not worried. Quote Link to comment Share on other sites More sharing options...
Chavez Posted March 5, 2008 Share Posted March 5, 2008 Dubya said that the U.S. is not in a recession, and we won't be entering one. . .so, I'm not worried. Dubya is wise. I still swell with pride over the photo of him in front of the "Mission Accomplished" banner. Quote Link to comment Share on other sites More sharing options...
SheikYerbuti Posted March 5, 2008 Share Posted March 5, 2008 Dubya is wise. I still swell with pride over the photo of him in front of the "Mission Accomplished" banner. He does look pretty hawt in a flight suit. Not that he's ever needed one for actual flying. Quote Link to comment Share on other sites More sharing options...
Yukon Cornelius Posted March 5, 2008 Share Posted March 5, 2008 Dubya said that the U.S. is not in a recession, and we won't be entering one. . .so, I'm not worried. Quote Link to comment Share on other sites More sharing options...
Yukon Cornelius Posted March 5, 2008 Share Posted March 5, 2008 He does look pretty hawt in a flight suit. Not that he's ever needed one for actual flying. he was a pilot???? Quote Link to comment Share on other sites More sharing options...
isleseeya Posted March 5, 2008 Share Posted March 5, 2008 he was a pilot???? if by pilot you mean draft dodger , liar and make believe as he never attended Natl Guard , then yes Quote Link to comment Share on other sites More sharing options...
TimC Posted March 5, 2008 Share Posted March 5, 2008 draft dodger , liar Don't forget about the BJ by yer boy, Billy Bob Clinton, either. Quote Link to comment Share on other sites More sharing options...
AtomicCEO Posted March 5, 2008 Share Posted March 5, 2008 Don't forget about the BJ by yer boy, Billy Bob Clinton, either. Bush got a BJ from Clinton? Quote Link to comment Share on other sites More sharing options...
yo mama Posted March 5, 2008 Share Posted March 5, 2008 Bush got a BJ from Clinton? Now that's what I call "bi" partisanship. Quote Link to comment Share on other sites More sharing options...
jaxfactor Posted March 5, 2008 Share Posted March 5, 2008 Whatever, I'm going to stay wealthy in retirement by providing Florida widows with sexual favors for money. i got dibs on miami!!! You can have Miami. Ursa will outdo you by taking West Palm, Sarasota, and Ft. Myers Quote Link to comment Share on other sites More sharing options...
Avernus Posted March 5, 2008 Share Posted March 5, 2008 the stock market stole my egg... Quote Link to comment Share on other sites More sharing options...
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