401k

[gunfyter]

Lets change the subject...

I am up almost 3% so far this year. Thats 50% higher than last year!


Personal Rate of Return from 01/01/2009 to 01/05/2009 is 2.7%

 

[gutshotdraw]

Haven't even looked Gun. Didn't want a coronary. Just keep pumping in the max. It's like a half-off sale right now. If you're more than 10 years from pulling the plug, don't stress over it. The closer you get to retirement, the more you should be shifting to income-producing instruments from equity positions.

 

[Flex-ible]

Haven't even looked Gun. Didn't want a coronary. Just keep pumping in the max. It's like a half-off sale right now. If you're more than 10 years from pulling the plug, don't stress over it. The closer you get to retirement, the more you should be shifting to income-producing instruments from equity positions.

You a financial advisor in a previous life? Sounds like good advise.

 

[AZ Typed]

Fund long-term liabilities with long-term assets. Fund short-term liabilities with short-term assets. There, you can be a better CFP than most of 'em out there.

AZ T

 

[kf4amu]

Never ask a pilot for money/investment advice. We are the worst group to ask about it. All of us making good money are still a paycheck away from unemployment benefits, and the rest are still paying student loans.

 

[Hung Start]

Never ask a pilot for money/investment advice. (Or marital advice) We are the worst group to ask about it.

Just wanted to make sure we covered all the bases.

Hung

 

[o2bflyn]

Never ask a pilot for money/investment advice. We are the worst group to ask about it. All of us making good money are still a paycheck away from unemployment benefits, and the rest are still paying student loans.

lol....I think I may be both.

I look at it every so often, but I am far from retirement anyway so I don't worry about the loses too much. It sucks, but I have time to wait out the market.

 

[Amish RakeFight]

Yeah, I'm up about the same. 2009 YTD is 2.7% as well.

Unfortunately, 2008 YTD I finished down -35%.

 

[fischman]

I'm up 3% for '09 too.

Ended '08 -48%

Luckily, I have 30 more years before retirement.

 

[AZ Typed]

Never ask a pilot for money/investment advice. We are the worst group to ask about it. All of us making good money are still a paycheck away from unemployment benefits, and the rest are still paying student loans.

That does not go just for pilots. Try most of middle-America!

 

[jenex]

Haven't even looked Gun. Didn't want a coronary. Just keep pumping in the max. It's like a half-off sale right now. If you're more than 10 years from pulling the plug, don't stress over it. The closer you get to retirement, the more you should be shifting to income-producing instruments from equity positions.

I agree with Gun,
Keep pumping in the max and take the company match. However, I wouldn't be pumping into stocks.
Try the money market fund at least for another year!
The market is almost half off when it reaches Dow 7,000 Then I would think about moving some funds to the stock funds. JMHO

 

[gunfyter]

I'm up 3% for '09 too.

Ended '08 -48%

Luckily, I have 30 more years before retirement.

I only have 20 more years.... Before last year, i only had 15 more years...:crying:

 

[gutshotdraw]

I'm going to fly until they pry the yoke from my cold, dead fingers......

Oh, wait. That's not me. That's some of our 70+ fossils.

If I'm still out here at 65, my best friend has orders to shoot me with my own Wilson Combat .45

 

[Hawk Driver]

Better go to cash and lock in your gains now... Up 3% as well.

HD

 

[993_Pilot]

Well Flops announce today that they are suspending the 401k matching contributions . . . I will lose 3% on that alone regardless of what the market does! Yeah team !

 

[gutshotdraw]

The death rattle continues.....