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Economy Fiscally fit?

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  #1  
Old October 10th, 2008, 10:15 AM
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401K - where is it now?

There were many signs of the pain. Did any of you adjusted your 401K? How much has it dropped since the begining of bloodbath?

Mine is down 20%
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Old October 10th, 2008, 10:18 AM
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Re: 401K - where is it now?

Mine was down like 30%... haven't looked at it in the last couple of days but the massacre must have brought it down more
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Old October 10th, 2008, 11:07 AM
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Re: 401K - where is it now?

It's no more 401k. People are calling it 201k or 101 k depending on they are impacted
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Old October 10th, 2008, 11:15 AM
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Re: 401K - where is it now?

I was very happy in July when it was up +8%...come start of Sept it was down 9%....I pulled all risky investments and I am fortunately still only 10% down....I have quiet a few chunk invested in PIMCO which saved my a$$.
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Old October 10th, 2008, 12:04 PM
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Re: 401K - where is it now?

Seems like too late to rebalance the 401k . At this time I bonds may be good buy. as of now interest they r offering is 4+ %. Wait till nov 1. On nov 1st they will have new interest rate for Nov-Apr period.

check it out at tresurydirect.gov
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Old October 10th, 2008, 08:57 PM
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Re: 401K - where is it now?

50% down, that's where me now
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