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I checked my retirement account...

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Pages: 1 [2]

mrsej
The cutest!

Member since 1/07

2495 total posts

Name:
Mommy

Re: I checked my retirement account...

Posted by monkeybride

Posted by nrthshgrl

What goes down must go up...the people I'm concerned for most are those retiring soon (like my parents!)



I agree. My in laws aren't sure if they will be able to retire right now like they were planning.




I don't even want to tell you how much I lost - I was putting a big chunk of my paycheck in my retirement, however, like everyone said, don't touch it. Eventually, it will go up. It may take a while, but as with most of us here, we have a long while to retire. Just think how much stock/funds you can buy now with your money!

Posted 9/30/08 10:31 AM
 
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darla42
LIF Zygote

Member since 9/07

19 total posts

Name:

Re: I checked my retirement account...

Posted by libby2595

Posted by SweetestOfPeas

I'm not looking, nor can I touch it for many years.

don't wanna know... I just hope that the market recovers Chat Icon



not looking!!



ditto!!!!
I am not looking again till the spring!! I am also blocking out the fact that I'd meant to get out of the risky stocks (only 15% of my portfolio, but still) back when the lehman announcements hit, but thought i'd be better off sticking it out a bit....now i need to in order to recover anything! so sad....and in the first half of the year i lost about 20% of my portfolio as it is. UGGG

this too shall pass...i hope! i'm just grateful i'm not on the verge of retirement right now.

Posted 9/30/08 11:25 AM
 

PattyCake
LIF Adult

Member since 2/07

1007 total posts

Name:
Hope

Re: I checked my retirement account...

Fortunately for most of us, we have a very long time til retirement and it will eventually bounce back. However, like a fraidy-cat, I moved all my money (temporarily) out of stocks and into 100% return bonds.

Posted 9/30/08 12:23 PM
 

ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: I checked my retirement account...

I just looked at mine and it didn't look as bad as I thought.

Maybe that's because I have been pumping so much cash into it, the losses I am taking are offset by the contributions. Chat Icon

Posted 9/30/08 12:25 PM
 

NinaLemon
It's a boy!!!

Member since 10/07

6453 total posts

Name:
Jeannine

Re: I checked my retirement account...

Posted by ave1024

I just looked at mine and it didn't look as bad as I thought.

Maybe that's because I have been pumping so much cash into it, the losses I am taking are offset by the contributions. Chat Icon



That's how mine was at first glance too, the $ amount is the same as it was in the beginning of the year, but the loss is actaully about 20%Chat Icon Oh well, it's a great time to be buying stocks though. We will all be happy a few years from now when the volume of stocks we are buying catch up in value.

Posted 9/30/08 12:28 PM
 

timanda
Puppy Love

Member since 6/08

1627 total posts

Name:
Amanda

Re: I checked my retirement account...

Posted by Stefanie

Well, I'm so sick to see that Sirius/XM Radio is down to 68 cents a share...

I bought it for 7 dollars a share...

I really can't afford to loose that money now.



I have totally given up on the stock. I bought it at $4.50 and considered selling it at $9 but decided to wait till got a little higher......well it didn't.

Posted 9/30/08 12:35 PM
 
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