Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
As of yesterday, we lost 18.4%. We're planning on retiring in about 10 years, so we don't have a whole lot of time to recoup. Once it goes up at least another 10% (who knows when), I'm pulling out the money and putting it into a bank held IRA, with a fixed interest rate return. No more huge up and down swings for us, we can't afford it.
I'm just wondering when your 401ks began to bleed, how come you didn't decide to move your money to different funds within your 401k plan?
Aren't there MMFs within your plans?
I've lost 0%.
Last edited by sheenie2000; 10-16-2008 at 02:20 PM..
Reason: forgot to answer the OP's question.
I'm just wondering when your 401ks began to bleed, how come you didn't decide to move your money to different funds within your 401k plan?
Aren't there MMFs within your plans?
I've lost 0%.
I had mine in a pretty good balance to begin with, and then when TSHF I moved it to a Bond fund. That's probably why I only lost 18%.
No kidding - I switched to stable value before the first of the year. I knew I would miss the last of the bull, but the mortgage crisis and energy talk was more than I could stomach.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
