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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
anarch (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 01:50 PM Original message |
re: my 401k....so let me get this straight |
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Ian David (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 01:52 PM Response to Original message |
1. Blaming capitalism for this is like blaming cellular division for cancer. |
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anarch (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 01:57 PM Response to Reply #1 |
4. fine. can I blame capitalism for my crushing medical debt? |
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lynnertic (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:08 PM Response to Reply #4 |
13. or your outrageous student loans? n/t |
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scisyhp1 (84 posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:29 PM Response to Reply #1 |
17. No, it's not like it at all. Cellular division (and cancer) are |
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dmallind (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 01:55 PM Response to Original message |
2. Did you look at the details? |
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anarch (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:02 PM Response to Reply #2 |
8. I was referring to this year only |
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dmallind (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:06 PM Response to Reply #8 |
10. So again this would be true |
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yellowdogintexas (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:33 PM Response to Reply #2 |
18. yeah, I have one that was started when Dow was around 5000 19 years ago |
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Submariner (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 01:56 PM Response to Original message |
3. You don't have to move it out of your 401(k) to protect it |
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dmallind (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:00 PM Response to Reply #3 |
7. Excellent point |
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BootinUp (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:05 PM Response to Reply #3 |
9. I believe a similar option may be called "stable fund" |
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scisyhp1 (84 posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:36 PM Response to Reply #3 |
19. Better yet, I took my whole retirement funds a year ago |
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EmeraldCityGrl (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 01:59 PM Response to Original message |
5. Some people have lost ten years worth of investment. |
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TexasObserver (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:00 PM Response to Original message |
6. You could have sold your stocks and invested in other items. |
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anarch (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:09 PM Response to Reply #6 |
14. 2 reasons: 1, I am basically ignorant when it comes to the stock market |
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TexasObserver (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:44 PM Response to Reply #14 |
20. If you are not near retirement, I would put it out of mind, except ... |
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hfojvt (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:07 PM Response to Original message |
11. if you have debt, I think paying it off is a better investment |
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scisyhp1 (84 posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:52 PM Response to Reply #11 |
21. That is not a good advice. A period of high inflation is good |
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carlyhippy (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:08 PM Response to Original message |
12. I talked to my broker a while back |
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Not the Only One (617 posts) Send PM | Profile | Ignore | Tue Oct-07-08 03:09 PM Response to Reply #12 |
23. re: since it will be years until retirement |
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Selatius (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:11 PM Response to Original message |
15. In the old days, you got a defined benefits pension plan, not a defined contributions pension plan. |
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slipslidingaway (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:16 PM Response to Original message |
16. You cannot time the market, stocks always go up over the long |
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1awake (852 posts) Send PM | Profile | Ignore | Tue Oct-07-08 02:56 PM Response to Original message |
22. if you are |
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Geek_Girl (1000+ posts) Send PM | Profile | Ignore | Tue Oct-07-08 03:51 PM Response to Original message |
24. Paying off debt and maybe investing in US Savings bonds |
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