Author Topic: The distant screams of my 401(k)  (Read 4862 times)

MillCreek

  • Skippy The Wonder Dog
  • friend
  • Senior Member
  • ***
  • Posts: 20,011
  • APS Risk Manager
Re: The distant screams of my 401(k)
« Reply #25 on: October 11, 2008, 07:40:20 PM »
I think it will come back.  Back in the recession of 2000 and then the dot com crash in 2001, my retirement plan went from $ 315,000 to $ 165,000.  By January 1st of this year, I had earned almost $ 300,000 in seven years and it had recovered to $ 445,000.  Now it is down to $ 330,000.  I have faith that this too, shall pass.
« Last Edit: October 11, 2008, 09:22:02 PM by MillCreek »
_____________
Regards,
MillCreek
Snohomish County, WA  USA


Quote from: Angel Eyes on August 09, 2018, 01:56:15 AM
You are one lousy risk manager.

tokugawa

  • friend
  • Senior Member
  • ***
  • Posts: 2,850
Re: The distant screams of my 401(k)
« Reply #26 on: October 11, 2008, 11:34:12 PM »
So right now, you are 15K up for 8 years of investing  165+K. .  Good luck- and I really mean it, cause I am in the same boat with less of a life jacket. This is a global *expletive deleted*it storm and where it will end  nobody knows.