10-09-2008, 11:33 PM | #1 |
Senior Member
Join Date: Aug 2005
Location: Norcal
Posts: 5,821
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Can anybody here claim to be doing worse than me?
Logged into my 403b account to check the damage just for fun. My year to date rate of return is -35.2%
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10-10-2008, 01:36 AM | #2 |
I must not tell lies
Join Date: Aug 2005
Posts: 5,103
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Who is the poster who is always rizzooting for the Bizzam Shizzam Warriors? He bought a bunch of Google stock the day before it reached its all-time high of 714, last winter. Currently it's down to 328.
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10-10-2008, 01:38 AM | #3 |
Board Pinhead
Join Date: Jan 2006
Location: In the basement of my house, Murray, Utah.
Posts: 15,941
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That would be norcal zoob.
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"The beauty of baseball is not having to explain it." - Chuck Shriver "This is now the joke that stupid people laugh at." - Christopher Hitchens on IQ jokes about GWB. |
10-10-2008, 03:31 AM | #4 | |
Senior Member
Join Date: Oct 2007
Posts: 1,589
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Quote:
The one bonus is that this year, we're saving money for a down payment on a house. I was a little reluctant to keep it in a savings account and miss out on the higher returns, but decided to play it safe. And, housing prices are dropping like a rock around me. This almost makes up for the brutal losses I took on two consecutive houses in IN and MI (both GM towns as GM was crashing and burning). |
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10-10-2008, 03:40 AM | #5 |
Senior Member
Join Date: Aug 2005
Location: Norcal
Posts: 5,821
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10-10-2008, 03:51 AM | #6 |
Senior Member
Join Date: Nov 2006
Location: Utah
Posts: 1,148
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I sold all my stock and moved everything into cash on the advice of a co-worker when the market hit 14,000. He is this crazy dude (or so we thought) that watches the market all day long. He does really well in all types of markets, but was talking about bank failures, etc. a year and a half ago. Needless to say, I thought he was crazy, but he was right often enough for me to take his advice. I feel like kissing him on the mouth right now. He thought the market would be at 10,000 by this fall. I don't work there anymore, but I called him today and he is terrified. He says we are headed for disaster.
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10-10-2008, 04:40 AM | #7 |
Charon
Join Date: Jan 2006
Location: In the heart of darkness (Provo)
Posts: 9,564
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I don't dare look.
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"... the arc of the universe is long but it bends toward justice." Martin Luther King, Jr. |
10-10-2008, 12:01 PM | #8 |
Senior Member
Join Date: Jul 2007
Location: North Carolina
Posts: 638
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10-10-2008, 01:30 PM | #9 |
Senior Member
Join Date: Jan 2006
Location: Between Iraq and a hard place
Posts: 7,569
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1st 401k:
Calendar year: -29% Last 12 months: -32% 2nd 401k Calendar year: N/A Last 12 months: -17% |
10-10-2008, 01:40 PM | #10 |
Senior Member
Join Date: Jan 2006
Posts: 6,177
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one year: -21.9
three year: -1.8 five year: 1.7 suck |
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