On Mon, 12 Apr 2010 19:40:26 -0400, Wayne.B
wrote:

On Mon, 12 Apr 2010 18:35:18 -0400, bpuharic wrote:

NOT for a mature 401K like mine.

you're an idiot.

If they were doing their job the would have sold into that decline and
bought the hell out of the bottom. Now that the market is close to
where it was a few years ago they should be showing a tidy profit.

uh no. the market is still about 35% below where it was at 14,000

I am just a dumb old working class redneck and I did fine.
I am sitting an a couple "doubles" and a "triple".

that you're dumb is simply fact.

that you're a redneck is beyond dispute.

that your 401K has recovered simply means you had no investments to
begin with.

WF3H, while I respect your contributions to the Maritime Mobile
Service Net, I do not respect your language and tone. It's just
uncalled for.

uh what? if i got any more demure, i'd wear lace panties!


The fact that your 401K has not recovered is unfortunate but others,
including my own are doing just fine.

uh no. most people's havent recovered, for reasons i outlined already





I might add that my 401 is
about as mature as they get. The key is management. Did you stay in
equities all the way to the bottom? With all due respect that is
*not* conservative or prudent investing, especially in a 401 where
there are typically no transaction costs or tax issues. There is an
old saying that you should never hang on to a falling stock because
you can always buy it back when it recovers. Simple advice,
sometimes hard to follow, but there is some rationale to it.
\

funny...me and 100,000,000 american working people are in the same
boat.