No surprise at all. I dumped my entire 401k in cash and cash equivalents when the DemCong took over in 2007, when the Dow was at about 13,000. Now I am slowing buying my way back in.
Sell high, buy low. What can I say, I'm an economics geek, too.
A four-oh-what? Haven't get one; hourly didn't get them until last year, after I bought a house and locked myself into a budget with no real wiggle room; not that that's looked like such a bad idea so far, as most members lost money. We have a kind of weak pension, too; I'm figuring on having to trap pigeons in my old age.
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Ego vadum perussi vestri prandium
"I saw to what extent the people among whom I lived could be trusted as good neighbors and friends; that their friendship was for summer weather only; that they did not greatly propose to do right; that they were a distinct race from me by their prejudices and superstitions."
Henry David Thoreau
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8 comments:
Feeling better, m'dear?
No surprise at all. I dumped my entire 401k in cash and cash equivalents when the DemCong took over in 2007, when the Dow was at about 13,000. Now I am slowing buying my way back in.
Sell high, buy low. What can I say, I'm an economics geek, too.
WV: adjet
Hmmm. Business opportunty?
We're from the government, and we're here to help.
Jim
Trouble sleeping?
Hope you feel signs of being on the mend when you wake up this morning.
I do feel better. Not a hundred percent, but better.
Glad to hear you're feeling better.
That's a heck of an article.
Glad you feel better!
If only Congress would stop meddling I'd bet both you and your 401K would feel better.
A four-oh-what? Haven't get one; hourly didn't get them until last year, after I bought a house and locked myself into a budget with no real wiggle room; not that that's looked like such a bad idea so far, as most members lost money. We have a kind of weak pension, too; I'm figuring on having to trap pigeons in my old age.
"It could probably be shown by facts and figures that there is no distinctly American criminal class except Congress."
-Mark Twain
"The difference between death and taxes is death doesn't get worse every time Congress meets."
- Will Rogers
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