Two from the usual source, both by Steve Kelley...
My poor 401(k)... it's sufferin' from whiplash while getting smaller and smaller.
My poor 401(k)... it's sufferin' from whiplash while getting smaller and smaller.
If a lifetime can be likened to a day, then this is Happy Hour!
Luckily I moved most of my investment money to the holding account, which gets .5% interest. Better than the elevator, but no way to make money.
ReplyDeleteI did make another $2k on Ford last week though. I bought at $10 and sold at $11. That's pretty much how I operate now - $1 at a time...
$2k ain't much, but it will buy a steak dinner and bus tickets some day...
Buck, I feel yore pain. I have a very small 401k and now it's so tiny I'll need a Sherlock magnifying glass to find it.
ReplyDeleteDollar: You're a braver man than I. Or perhaps smarter... I trust my money to the pros, who haven't done very well with it.
ReplyDeleteDan: I hear ya. I haven't had the heart or nerve to actually LOOK at my 401(k) all this week. Ignorance can truly be bliss.
Sadly, I'm still in a lurch.
ReplyDeleteI also bought 2000 shares of Ford at $12, so I have to wait for it to get to $13 before I can fully recover.
So the best of plans go awry. I figured it can't go any lower than $12! Then Congress stepped on their dick...
I think Ford will go above $12 fairly quickly... That should be the only worry **I** have.
ReplyDeleteI just can't look.
ReplyDelete