Lionheart I'm Eggscellent 12762 Posts user info edit post |
![](images/beatup.gif)
6/10/2011 10:53:23 AM
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aaronburro Sup, B 52743 Posts user info edit post |
ibtl ibtb ibts ibtt 6/10/2011 11:17:58 AM
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lewisje All American 9196 Posts user info edit post |
i has a sad![](images/cry.gif) 6/10/2011 11:46:46 AM
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face All American 8503 Posts user info edit post |
Don't worry it will go much lower before they devalue the currency 6/10/2011 12:31:55 PM
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Lionheart I'm Eggscellent 12762 Posts user info edit post |
My poor 401k 6/23/2011 10:35:04 AM
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sparky Garage Mod 12301 Posts user info edit post |
i'm not worried about my 401k. i have a looong loooong time before i retire. in fact i'm thinking of bumping up my contribution. right now is the time to buy. the stock market will rebound. 6/23/2011 11:14:13 AM
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face All American 8503 Posts user info edit post |
increasing your contributions is usually always a good idea but it's certainly questionable right now.
In most 401k's you only really have 3 options.
Stock mutual funds, bond mutual funds, money markets funds.
Stocks: Yikes, way overpriced and stock fund managers have a pretty awful track record.
Bonds: Yikes, terrible yields, credit crunch, possible forced redemptions, and possible hyperinflation coming soon
Money markets: Yielding 0%, most are invested highly inappropriately in European debt, facing an epic credit crunch.
Good luck! 6/24/2011 12:31:43 AM
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Kris All American 36908 Posts user info edit post |
you forgot index funds 6/24/2011 12:44:47 AM
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Lionheart I'm Eggscellent 12762 Posts user info edit post |
I have no choice but to terrify you by ratcheting up the alert system a couple of notches to... Blackwatch Plaid!
![](http://www.esquire.com/cm/esquire/images/HE/black-watch-plaid-1108-lg.jpg) 8/2/2011 4:54:45 PM
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Lionheart I'm Eggscellent 12762 Posts user info edit post |
I'm gonna raise the warning system from "Blackwatch Plaid" to the cover of Rush's seminal album "Moving Pictures.
![](http://jacobull.files.wordpress.com/2010/04/profiles_srushmovingpictures.jpeg) 8/8/2011 11:11:45 AM
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