In a fire, representing seven games, in a government For hire and a combat site.

by hedy on September 17, 2008

I spent a good portion of Monday spending too long reading about Lehman Brothers, Merrill Lynch, and AIG.  To be honest, given my travel insurance is through TravelGuard/AIG I had more of a personal stake in that.  Are my 401K, Roth and SIP not looking so great?  Well yeah, obviously.  But, I’ve got a good 40 years before I touch my 401K and IRA, so if you ask me, mutual funds are on sale.   Someone on a message board I read made a point I think bears repeating-right now, any loss my accounts have are paper/unrealized losses, if you bail on your finds now, they become real losses.  I can’t fault people who need their investments soon shuffling stuff around, but I’m in this for the long haul.

And I feel fine

And I feel fine

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Got my 401K statement today… | Penny For My Thoughts
July 19, 2010 at 8:42 am

{ 3 comments… read them below or add one }

nicholmom3 September 19, 2008 at 9:17 pm

I agree with you, I hate looking at our investments right now, but I wouldn’t dream of moving anything. We still have many years before we need that money, and to move it now would be financial suicide. I have however, moved a portion of our future contributions to lower risk funds, so that we can hedge our bets a bit.

Ummm.. I have NO idea what your title means! very creative though!

hedy September 19, 2008 at 9:41 pm

Lol-it’s from The end of the world (as we know it) by REM

nicholmom3 September 21, 2008 at 12:23 pm

well that explains it! I haven’t listened to them in quite awhile.

Now I feel silly.

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