My retirement fund is really taking a beating today......

[a kennedy]

DOW is down 207 points..... D*mn China is it?? or what other country.....

[HockeyMom]

1. Greece

So what is Obama suppoed to do about this?

[elleng]

3. Can't do anything about Greece, imo.

'The world' will worry, that's life.

[elleng]

2. NYTimes attributes Greece + 'global economic outlook.'

Don't worry about day to day, a kennedy, if you can help it. Things have improved significantly in recent months, and will continue to do so, imo.

[zipplewrath]

4. 207 out of 13K

That's what, 1.6%? That's not a beating, that's normal variation. Retirement funds shouldn't be tracked on a daily basis to less than 5%. Oh, and where was it say, a month ago? 6 months ago?

[Skink]

5. Remember 08

PANIC

[lastlib]

7. yeah my 401(k) turned into a 201(k)....

...and I had 1/3 of it in bonds....

[dmallind]

9. And if you didn't pull it out. is at the absolute worst back up to a 360(k) even compared to max

Much better if you had the sense to keep buying in the 2008-9 panic.

[lastlib]

11. my saving grace, I've been buying since April '09

just after bottom hit. Painful, but in the long run there's a prospect for recovery. Thank goodness I don't retire any time soon....but one more meltdown like '08 and I'll be dying at my desk.

[dmallind]

10. I do fondly - great bargain buying that have returned superb gains.

Even people who had to retire in 2008 surely did not have to take out the whole thing in one lump sum, and should be seeing the same gains on their (hopefully modest if they were so close to retirement) equities exposure.

[cbdo2007]

6. Um, did you just start your retirement fund yesterday???

If not, the daily fluctuactions probably don't mean much to your retirement account. Just look at how well you did over the past 3 years.

[MineralMan]

8. Were you planning to retire tomorrow?

If not, just keep watching the market. It'll continue to go up and down and up again. For some time, the trend has been upward. Daily movements are irrelevant to long-term investments.