Fractional Retirement

[wolfpackpilot]

I finally had the nerve to look at my 401K, wrong move!


Before I go off myself in the parking lot... I'm down 37.3% for the year. Is that about average for everyone else?

 

[hyper]

How the h@ll would I know? I have too many guns and I'm too scared to look!

 

[ProFracPilot]

Down 38.5% for me, although I've remained mostly in stock funds. My retirement time horizon is 15 to 20 years out so I see this recent downturn as a buying opportunity.

Or so I tell myself. :crying:

 

[gunfyter]

-48.5%

 

[Fozzy]

-48.5%

Gun,
You and I must be in the same funds.

 

[flyjetspeed]

UP 2,5% All money market fund, NO stocks! But I start taking it out in 7

 

[gunfyter]

Gun,
You and I must be in the same funds.

You mean the ones that had us up over 40% last year?

Funny how 48% down is a boat load more dinero than being up over 40%. One of the mysteries of mathematics. I need to be up 100% now to break even.

 

[sweptwingz]

Down....too much to admit.

 

[Hung Start]

Does it matter?

My wife will kill me long before I get to collect.

Hung

 

[kingairyahoo]

Does it matter?

My wife will kill me long before I get to collect.

Hung

LOL :smash:

ps...down 31%

 

[cjdriver]

Up 3%, all money market. Too scared to get back in the market since about 2001.

 

[brokeflyer]

I think its the union's fault.

 

[Fozzy]

I think its the union's fault.

Well according to bonehead19.........

 

[Flex-ible]

I need to be up 100% now to break even.

At least you can go up more than 100%. Nothing iritates me more than some moron local news-reader telling me that "oil prices have dropped over 200% since July."

 

[fischman]

-41.5%

I'm buying as much as possible.

 

[Pervis]

At least you can go up more than 100%. Nothing iritates me more than some moron local news-reader telling me that "oil prices have dropped over 200% since July."

How about the maroons that say low oil prices are bad because we won't insist on solutions to fossil fuel dependency, global warming, etc? "Cake and eat it too" keeps ringing in my head.

 

[HotelMonkey]

-45.6

Guess it's a good thing they don't have a mandatory retirement age at the fractionals.

 

[brokeflyer]

-45.6

Guess it's a good thing they don't have a mandatory retirement age at the fractionals.

Don't give management any more ideas....tehy have enough trouble fcking up a cup of coffee all on their own.

 

[CA1900]

You're not talking about that fake "coffee" in HPN, are you? :laugh: uke:

 

[FMR8251]

Down 38%, if you have 10 plus years, think of it as an amazing buying opportunity. In the history of the stock market, no 10 year period has ever lost money.

 

[jtf]

While the market may not have gone down over a 10 year period, that doesn't mean that the individuals investing in it didn't screw themselves by buying high and selling low in a long cycle of poor investment that is much more common than any of will ever admit. If only I could convince myself to quit playing with it so much. I did a lot better before I started educating myself on investing and was afraid to touch it much. Oh well, I'll just work until I die. Negative 35% this year. Oh, well- at least I can't buy high right now.

 

[gunfyter]

1998 December 31 Thursday : DJIA 9181.43

Today the DOW is $8829.


Unless something changes for the better in December ... I think we have found the first 10 year period the market is Down.

 

[o2bflyn]

1998 December 31 Thursday : DJIA 9181.43

Today the DOW is $8829.


Unless something changes for the better in December ... I think we have found the first 10 year period the market is Down.

You never know....there has been some nice gains last week. As long as people stop listening to the press and start investing with the brains, we have a shot.

-14% most of my money got moved to money markets. Starting to buy up some stocks now though.

 

[AirChef]

Those still buying and staying stock, EXCELLENT!!! It's great buying at K-MART BLUE LIGHT SPECIAL PRICES.
I have money in the money market as well, but don't EVER put all your money in money market!!!

Corporate aviation "gettin shakin up", stocks going down, hang in there guys and keep buying.

 

[Diesel]

retail sales up 7 percent over last year.

Thats quite a number.

 

[HotelMonkey]

Those still buying and staying stock, EXCELLENT!!! It's great buying at K-MART BLUE LIGHT SPECIAL PRICES.
I have money in the money market as well, but don't EVER put all your money in money market!!!

Corporate aviation "gettin shakin up", stocks going down, hang in there guys and keep buying.

I haven't sold anything. Not like I would know where to put it anyways? I have a lot of Latin American and such. I figure I will cost dollar average my way out of this!?

 

[jenex]

 

[jenex]

This is why the stock market and our economy are hurting

 

[ozpilot]

I think "fractional" is a very apt description for my retirement fund

 

[o2bflyn]

I think "fractional" is a very apt description for my retirement fund

haha.....perfect.