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Finally looked at what happened to my 401k balance- ouch!

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Wcross Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 10:09 AM
Original message
Finally looked at what happened to my 401k balance- ouch!
Down 15,000 bucks from last week. All I can say it is much more enjoyable when the balance goes up than when its falling.
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SPKrazy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 11:24 AM
Response to Original message
1. hey man
:pals:

it's a gamble for sure :hi:

in it for the long haul though
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LeftyFingerPop Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 11:39 AM
Response to Original message
2. I watch mine online everyday...
the past few weeks have indeed been horrible.

But like SPK says...in it for the long haul.

Watching the paper loss of $2,000 per day is not my idea of fun.
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 01:01 PM
Response to Original message
3. ye gods
My whole IRA balance is only about $30,000, but I am guessing you are still plus $15,000 over the last six months.
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Wcross Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 01:13 PM
Response to Reply #3
5. I was up 30% for the year until this past week.
I didn't lose everything I have gained this year (yet). Hopefully it will bounce back.
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Midlodemocrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 01:12 PM
Response to Original message
4. Weird. Mine went up about $26,000.
:shrug:

Here's hoping yours will bounce back, which it will.
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Wcross Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 01:14 PM
Response to Reply #4
6. What are you invested in?????
Dang, a 4% drop in the dow and you're up? I have to get into that fund!
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Midlodemocrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 01:20 PM
Response to Reply #6
7. Vanguard has one of our 401Ks and a deferred
compensation account. T. Rowe Price has the other one.

I don't know the specific funds, but I'll look them up and PM you. *scratches head, where'd I put that last statement?*
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 02:13 PM
Response to Reply #4
8. if it don't bounce back
you go hungry

trying to eat a wish sandwich
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supernova Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 02:16 PM
Response to Original message
9. I lost about 6 grand
:P

Luckily, I won't be needing it any time soon. I hope to recoup that amount.
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