patfish Posted January 4, 2009 Posted January 4, 2009 but I did. DON'T do it. It is very scary.... -28% yep, that's a negative 28. Everything I put in plus what my CO matches... toast. <I just threw up a little bit in my mouth>
zander Posted January 4, 2009 Posted January 4, 2009 I had to check mine too. -31.6% over the calendar year. Of course no one likes to see it go down, but I keep thinking of all of the shares I am getting cheap now and all the dividends they'll pay over the next 30 years it cheers me up a little bit.
Flysmallie Posted January 4, 2009 Posted January 4, 2009 <I just threw up a little bit in my mouth> I'm sorry it went down, I really am, but that was hilarious.
Bman Posted January 4, 2009 Posted January 4, 2009 but I did. DON'T do it. It is very scary.... -28% yep, that's a negative 28. Everything I put in plus what my CO matches... toast. <I just threw up a little bit in my mouth> I feel your pain. I know the feeling, actually -28% is better than what the average loss is among my friends. But like zander said, there are some great buys out there. Anyone want to bet on what happens with fuel/energy prices??? The only good line is a tight line
crappiefisherman Posted January 4, 2009 Posted January 4, 2009 You are correct , buy stock now while its low.....but whos got the extra cash to do that now [ [
Quillback Posted January 4, 2009 Posted January 4, 2009 I also saw my 401K get taken to the woodshed - and I agree with all, now is the time to buy. I also believe, for what it's worth, that we will see a rally this year. Good luck to all!
Danoinark Posted January 4, 2009 Posted January 4, 2009 Mine is safe right now....er that is if I can remember where I buried that coffee can out back..... Dano Glass Has Class "from the laid back lane in the Arkansas Ozarks"
Thom Posted January 4, 2009 Posted January 4, 2009 Mine is safe right now....er that is if I can remember where I buried that coffee can out back..... Dano Dan: you have the right idea. I heard that investing in Folgers or Maxwell house coffee was a safe investment. Buy the coffee, drink it and put your money in the can and bury it in the back yard. I wish I would have done that last july or at least roll over into cash funds or interest bearing funds no matter how low the yeild. Too late now. Even though I was well diversified and conservatively invested I lost approx 25% of my retirement savings to the wall street and banking thieves that we later bailed out. Thom Thom Harvengt
Danoinark Posted January 5, 2009 Posted January 5, 2009 Dan: you have the right idea. I heard that investing in Folgers or Maxwell house coffee was a safe investment. Buy the coffee, drink it and put your money in the can and bury it in the back yard. I wish I would have done that last july or at least roll over into cash funds or interest bearing funds no matter how low the yeild. Too late now. Even though I was well diversified and conservatively invested I lost approx 25% of my retirement savings to the wall street and banking thieves that we later bailed out. Thom Thom, Moved my wife's 401k to a cash fund about 3 weeks into the disaster, but not soon enough to stave off big hits. The problem now is when to get back into equities...the timing will have to be just right. I am lucky in that my state retirement plan was and is safe (at least for the time being). Dano Glass Has Class "from the laid back lane in the Arkansas Ozarks"
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