Those who still are showing a major loss in thier 401K must have sold at or near the bottom and stayed out all the way back up to where it is today. The major indexes have basically doubled since they hit rockbottom.
I guess now them will start buy since it is about to top out again.
"It is easier to build strong children than to repair broken men" - Frederick Douglass
Tell dem fi me, I have recovered all my losses since 2008 in my 401K. As a matter of fact, when the market crashed I became more aggressive in my investing and my 401K is looking good now.
Some people in my office sold everything, and moved their investments into bond funds which give a measly 3% annual return, and dem missed the significant market gains.
Winning means you're willing to go longer, work harder, and give more than anyone else - Vince Lombardi
Naw, mi inna this ting fi the long term. I might reconsider if the Greek bailout ting collapse which would result in long term ripple effects across global markets.
Winning means you're willing to go longer, work harder, and give more than anyone else - Vince Lombardi
Fi real, when that happen the market going to drop bout 300 points. The Israelis have dem hand pon the trigger right now. Iran already cutting off dem oil to the EU with gas prices expected fi reach $5/gallon by the summer. Which other worldwide event ago blow fi we way?
Winning means you're willing to go longer, work harder, and give more than anyone else - Vince Lombardi
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