My 401k is Tanking
Posted by on March 11th, 2008 at 09:14am
wrote an interesting post today on
Here’s a quick excerpt
As of market close last night, the balance on my 401k is down $4600, or 7.25 percent, so far this year. Dollarwise, that’s not really very much, but when you look at the percentage, well, the six-figure gains and losses you see occasionally on some NetworkIQ profiles start to make a little more sense. It’s all about the number of shares/units. While annoying, neither number, the $4600 nor the 7.25%, really concerns me though. I think a big part of it is because it (the market) truly is a lev
Read the rest of this great post here
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