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+--- Thread: Got brave enough to look at my 401K today--I cried. (/showthread.php?tid=63360)
Re: Got brave enough to look at my 401K today--I cried. - hal - 10-04-2008
read more...
try William O'Neil
Marty Zweig
and here's a really good beginners look at some tech analysis
Stan Weinstein's Secrets For Profiting in Bull and Bear Markets
Re: Got brave enough to look at my 401K today--I cried. - macaroo - 10-04-2008
The last sacred cow of the average American worker has been slain. Now that his house has negative equity, has credit cards are maxed out, what was left for the greedly bankers and matrons of Wall Street to tap oust? The last pot of gold to be bled for all its worth.
Brother can you spare a dime?
Re: Got brave enough to look at my 401K today--I cried. - mikebw - 10-04-2008
That is quite a bit down. Mine has changed almost zero over the last year, but that is accounting for regular contributions so it's definitely down overall. One thing not to forget is that if you are getting an company match of any kind, that is still free money that you should not pass up. Sure, is losing value now, but once it turns around you will have that much more to gain from.
Re: Got brave enough to look at my 401K today--I cried. - msienkiewicz - 10-04-2008
I still remember Black Monday in 1987. I think the value of my investments will recover - and it is good that I won't reach retirement age for another 15 years or so.