Due to the current financial crisis on Wall Street, I looked at my retirement account, as of today I have lost about 18% of it's value this week alone. I am glad that my retirement horizon is far off and have a longer time period to recover.
But I feel sorry for those that are currently seeking to retire or will so soon.
No wonder people are guiled into voting for Obama.
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Please pray for India
My personal mission is to BRING people into a right relationship with God, GROW them up to maturity and SEND them back into the world to minister.
truth is long term this may be just a bump in the road, but the most important thing is to have a diversified portfolio, that mirrors the risk you are willing to take on my friend, dt
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A product of a pentecostal raisin, I am a hard man, just ask my children
Due to the current financial crisis on Wall Street, I looked at my retirement account, as of today I have lost about 18% of it's value this week alone. I am glad that my retirement horizon is far off and have a longer time period to recover.
But I feel sorry for those that are currently seeking to retire or will so soon.
No wonder people are guiled into voting for Obama.
I'm not even looking at mine.
The only good news about this situation is that at the end of each month, when I buy stocks, I get quite a few more for the same investment!
__________________ "Many people view their relationship with God like a "color by number" picture. It's easier to let someone else define the boundaries, tell them which blanks to fill in, and what color to use than it is for them to take a blank canvas and seek inspiration from the Source in order to paint their own masterpiece"
dollar cost averaging into the market right now will make up those losses.
Right! But my company match went in a couple of months ago. I would think that right now would be a good time to make the year end IRA or 401K contributions.
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