Just got my end-of-year 401K plan statement...

[regnaD kciN]

...and it seems to have turned into a 200.5K plan instead. :-(

[unhappycamper]

1. I'm down around -56%

grrrrr.

[Uben]

2. You think that's bad?

My portfolio turned into a port-a-potty!

[eridani]

3. I was reminded that I had forgotten to put company contributions of its stock

--into the Stable Value fund. Took a bath on them, but overall am not complaining, as over my period of employment I have gained a lot from the matching contributions.

[Joanne98]

4. Bummer.

:hug:

[Serial Mom]

5. We're down about 48% from what we rolled over in 1998!

That rollover was 80% our money saved and about 20% of company match. So we have lost any gains AND OUR PRINCIPLE!

We are at the age where were were going to plan retirement in about 5-7 years and were going to start moving money into safer investments!

Looks like that isn't going to happen now! And we have lost more than 10 years of possible gains besides our original rollover!

[snappyturtle]

6. Sorry to hear that. We , Mr. Snappy and I, don't ever see being able to

retire. We have little but our property and its mortgage, the tools of the trade (construction) and work which we are eternally grateful for. Gradually we're trying to become more self-sufficient: gardening, chickens and hopefully soon a rainfall water collection system. I don't know how else we can survive. Very interesting times to say the least.

[Serial Mom]

7. How odd...

my husband & I were talking about this same thing for our future - work a small job (Costco, if possible) and then minimizing our house to something small with a back yard big enough to have a small patio and be able to garden to eat and have enough to can/freeze veggies/fruit for ourselves. And my daughter's friend has 3 or 4 chickens and gave us some fresh eggs - they were so good and rich that I think I could raise a couple to get eggs every other day too!

[sarcasmo]

10. Pay off your Home, it's the safest investment, IMHO of course.

[Warpy]

8. I lost about a third of paper value

but my income actually went up last year, not that I'm spending nearly that much.

I just read a headline that said the state's pension fund lost about the same amount, so I guess I'm doing as well as the smartest guys in the state.

I put it in perspective when I read about hedge fund whiz kids who have lost 80% or more.

[notesdev]

9. Could be worse

I have a friend who was a vested employee with a ton of Fannie Mae stock. Talk about cliff diving!