Wow, just checked 401k and I'm down 2600 from 3 months ago. n/t

[okieinpain]

[nadinbrzezinski]

1. I made the mistake of opening the statement a week ago

we need not do that for three years

[JCMach1]

6. It's bad, really bad :(

I gathered the nerve and looked at my portfolio today...

[nadinbrzezinski]

12. Trust me, I know

the good news ... I hope we have found a floor.

Wishful thinking... perhaps

[JCMach1]

17. The only thing that has me halfway sane about this is the dollar rising again

It will continue to do so as the globe actually deteriorates further than the U.S.

The elephant in the room is hyper-inflated European real estate... the Europe shoe is just NOW dropping...

I get paid in dollars... thank the diety I will have a job as long as oil stays about at least above $40... The small economy in the UAE and the the liquidity will save the day here. The government would have no qualms nationalizing stuff if they had to...

I probably will stay in cash for now and buy once I am SURE of a bottom.

[nadinbrzezinski]

18. I'll be talking to FA... Campbells has a good P\E ratio

and right now is pretty cheap... the kind you buy a couple hundred and seat on for a couple decades

[moonlady0623]

2. too much reality

I'm completely unable to force myself to take a look at mine.................

[succubus.blues]

3. I am scared to look at mine too.

:(

[54anickel]

4. Oh man, don't look!!!! You a glutton for punishment or something? Just please don't tell me it was

all in a money market!!!!

:hi:

[okieinpain]

11. mix 55 bonds / 45 Stocks. n/t.

[anarch]

5. I'm not looking anymore...it just makes me sad and angry

mostly angry, to be honest.

[mainegreen]

7. Is that a big or a little percentage for you?

[okieinpain]

13. middle, but if it continues I guess it could get pretty big.

[riverdale]

8. I lost $750 yesterday alone

Tired of this

[dennysp]

9. Was it invested in stocks or bonds? My husband said he moved ours

to bonds several months ago, and he expects the losses are not as great.

[okieinpain]

15. yeah, bonds look good all the stocks are down. I thought about

moving but didn't.

[Fresh_Start]

10. LUCKY

of course October has been extremely bad

[soleft]

14. I'm down 12K from last year, 1600 since Sept 30th

[okieinpain]

20. funny, I was asking my college graduate daughter about it and

she pointed out to me that the 2600 was lost since 9-30-08, not over 3 months, now that is really a big WOW.....

[red storm]

16. What retirement?!?!?!

My husband asked me last night if I wanted to know how much we have lost. I told him I didn't want to increase the nightmares I have been having since the "grim-bailout-reaper" came to visit.

[RebelOne]

19. The company I work for changed ownership last year

and our old 401K's were switched to ING. We had the choice of cashing out or moving them. I cashed out and moved mine to my savings account at Bank of America. I'm sure glad I did. It may not be earning much, but at least it is not losing. I have another 401K with ING, but it probably has a zero balance since I haven't had it long and only last statement showed a balance of a little over $1,000.

[TornadoTN]

21. Co-worker of mine, nearing retirement age lost 28k in the past two quarters

$28,000 dollars.

He is kicking himself for shifting some of his investments into his 401k when the markets where riding high. When I looked at his balance sheet, I couldn't help but feel sick myself.