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401K

Discussion in 'Money & Finance Forum' started by Village Idiot, Oct 8, 2008.

  1. MikeNinerHunt

    MikeNinerHunt Fast white guy

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    Divvied it up into all the high risk last Thursday, before the 500 point drop. Oh well, these will all rebound within the next two years. I guess losing $1000 is better than $7K.
     
  2. Wonder Woman

    Wonder Woman Full Access Member

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    You are way too young not to be aggressive right now.
     
  3. CunningRunt

    CunningRunt Full Access Member

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    They put in 8% if I put in 4% each paycheck. Anything above that they still put in 8%. I was 100% vested from day 1. Other benefits are pretty good too. I get full health and dental, 100k life, spouse life, disability, and 10 PTO hours a month.

    Dude, you got it cheap. Just think, you have 30+ years to make that small loss up. Think about that 3.2% gain you were talking about earlier, that barely beats inflation (less than inflation this year), so your money will be worth about the same as it is now 30 years down the road. Don't get completely conservative until you get closer to retirement.
     
  4. MikeNinerHunt

    MikeNinerHunt Fast white guy

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    Yes my friends, I'm leaving it there. Just had a vibe in the spring that the bottom was going to fall out, that's why I was gaining 3% instead of losing 20%. now the shit's low, buy. Wish I had more, I would pull a Warren Buffet and buy up shit that's going to make a comeback.
     
  5. MikeNinerHunt

    MikeNinerHunt Fast white guy

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    You sound tense, unhook your bra and relax.
     
  6. Village Idiot

    Village Idiot cloud of dust

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    good call
     

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