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Reply #17: My return was 3.9% for the quarter in my retirement fund- fidelity select gold fund. [View All]

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Wcross Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-09-08 09:11 PM
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17. My return was 3.9% for the quarter in my retirement fund- fidelity select gold fund.
I wish I had converted it directly into gold itself but it seemed like a hassle to do it. I know Gold isn't a long term hold but it will preserve my wealth until the value of the dollar stops free falling.
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  -My retirement plan lost 10% across the board this last quarter. merwin  Apr-09-08 08:38 PM   #0 
  - Just think, if we had privatized social security...  Xipe Totec   Apr-09-08 08:41 PM   #1 
  - Do you have a "Govt. Securities or Treasuries" option?  MercutioATC   Apr-09-08 08:42 PM   #2 
  - wow. that % loss hurts.  YDogg   Apr-09-08 08:42 PM   #3 
  - And it takes more than a 10% gain just to break even again.  The_Casual_Observer   Apr-09-08 08:44 PM   #4 
  - Yes!!!!! n/t  slipslidingaway   Apr-10-08 10:04 AM   #33 
  - just checked mine.  YDogg   Apr-09-08 08:45 PM   #5 
  - we're all in the same boat as there is no current good investment but consider this...  pitohui   Apr-09-08 08:45 PM   #6 
  - Good points you make....n/t  KoKo01   Apr-09-08 10:28 PM   #26 
  - Consider insured options since you've got such a small amount  Warpy   Apr-09-08 08:47 PM   #7 
  - thank our corporate leadership for that  stellanoir   Apr-09-08 08:48 PM   #8 
  - go with the money fund and make 3% or so until you feel you can bear the risk of something  RGBolen   Apr-09-08 08:49 PM   #9 
  - Investing for dummies  BigDaddy44   Apr-09-08 08:52 PM   #10 
  - It seems like the Vanguard Inflation Protected Securities Fund might be my best option then.  merwin   Apr-09-08 09:09 PM   #16 
     - Could very well be  BigDaddy44   Apr-09-08 09:16 PM   #19 
     - I just split it out into 50% TIPS and 50% Retirement 2030 fund...  merwin   Apr-09-08 10:17 PM   #23 
        - You know what they always say...  Yupster   Apr-09-08 11:22 PM   #29 
     - If your primary concern is capital preservation, it is your best bet.  Zynx   Apr-09-08 10:22 PM   #24 
        - I'm 27, so I have plenty of time as well.  merwin   Apr-09-08 10:25 PM   #25 
  - Just think, if you could start a war and then invite your friends to  4MoronicYears   Apr-09-08 08:54 PM   #11 
  - The foreign stocks I heard Bernanke IIRC said...  skids   Apr-09-08 08:54 PM   #12 
  - I cashed out of the market last week and paid the money on my house mortgage  NNN0LHI   Apr-09-08 08:56 PM   #13 
  - Any investment advisor worth their salt/fee tells their client  Oleladylib   Apr-09-08 08:58 PM   #14 
  - Hope you're not retiring soon  notesdev   Apr-09-08 09:03 PM   #15 
  - wages for skilled labor are going to go up by a lot?  pitohui   Apr-09-08 09:15 PM   #18 
     - Culture and nationality  notesdev   Apr-09-08 09:25 PM   #20 
  - My return was 3.9% for the quarter in my retirement fund- fidelity select gold fund.  Wcross   Apr-09-08 09:11 PM   #17 
  - My friend was to retire next month, now he can't. He was depending on  alfredo   Apr-09-08 09:31 PM   #21 
  - On a separate note, I just joined folding @ home  merwin   Apr-10-08 12:43 AM   #31 
  - Thank you very much.  alfredo   Apr-10-08 10:42 AM   #36 
  - Then he was poorly invested  BigDaddy44   Apr-10-08 10:41 AM   #35 
     - To make matters worse, he drives for a living.  alfredo   Apr-10-08 10:43 AM   #38 
  - And yet they keep printing money to bail out wall street ...  avenger64   Apr-09-08 09:33 PM   #22 
  - I'm sorry merwin. Good luck getting it out.  lonestarnot   Apr-09-08 10:30 PM   #27 
  - You may want to spend some time reading about technical  slipslidingaway   Apr-09-08 11:01 PM   #28 
  - I remember them telling us how much better the 401K is over a pension.  B Calm   Apr-10-08 12:19 AM   #30 
  - At least pension plans had people who knew about the markets  slipslidingaway   Apr-10-08 10:03 AM   #32 
     - Sorry, but you're wrong  BigDaddy44   Apr-10-08 10:43 AM   #37 
        - Do you think the big pension funds stayed fully invested from  slipslidingaway   Apr-10-08 11:55 AM   #40 
  - mine hasn't been quite that bad, but it is nervewracking  JoeIsOneOfUs   Apr-10-08 10:05 AM   #34 
  - My husband's IRA lost more money than we care to think about.  Blue_In_AK   Apr-10-08 10:50 AM   #39 
  - At least 25% should be in bonds no matter what your age  taught_me_patience   Apr-10-08 12:11 PM   #41 

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