Like everyone is mentioning, the balance of my 401K is down, down, down....
The balance reached 6 figures a couple of month ago, and it's back to 5 figures again.
I'm not worried, though. I have about 20 years to catch up LOL
Actually, I am thinking about increasing my contribution while market is down.
One reason my 401K return has been good is I contributed a good portion of my salary around 2001 when market was really bad.
I didn't plan it that way. It was totally a serendipity kind of thing, but it worked out.
We tend to forget "Buy low, sell high." Maybe I should start looking for good stocks to buy.
401K balance
August 16th, 2007 at 05:52 pm
August 17th, 2007 at 01:53 pm 1187355201