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Don't look at your 401K.

Original post by mybabylovesmoi

I just did and it's not pretty
CristinD83 Posted:

Re: Don't look at your 401K.

O man, we were gonna use that toward a house - they have a no penalty for first time home buyers...if theres any money left
LoveyDovey Posted:

Re: Don't look at your 401K.

I lost a lot too!

but from what i understand, its ok because were young so it will pay off in the long run if you have a more high risk, variable rate of return
rosatemp Posted:

Re: Don't look at your 401K.


Posted by mybabylovesmoi


Posted by adelz

Waaaaaahhh..Should I be worried?!



it's painful! I lost over 5000



omg thats so crazy!!
MrsJPH2012 Posted:

Re: Don't look at your 401K.

Crashinnngggg

Please think of it this way... you ONLY lost money if you take it out.

You ladies are all so young that when the stocks are low like this and your still investing the money that goes in now is going to be great when everything picks back up EVEN if it takes years .

However, I do agree, its our parents that we should be worried about, hopefully they have enough to cover without having to dip into retirement for awhile.

mybabylovesmoi Posted:

Re: Don't look at your 401K.


Posted by MrsJPH2012

Crashinnngggg

Please think of it this way... you ONLY lost money if you take it out.

You ladies are all so young that when the stocks are low like this and your still investing the money that goes in now is going to be great when everything picks back up EVEN if it takes years .

However, I do agree, its our parents that we should be worried about, hopefully they have enough to cover without having to dip into retirement for awhile.




yes, this is very true which is why I'm not removing my money from there even though it's painful to see it depleting

hopefully it will go up up up by the time i'm a grey lady
itbroi805 Posted:

Re: Don't look at your 401K.

FH lost 10k!!!!!!!!!!!!!!!

smilesjc81 Posted:

Re: Don't look at your 401K.


Posted by itbroi805

FH lost 10k!!!!!!!!!!!!!!!






I dont care what anyone thinks but

BUCK OFAMA!!!! lololol
FutureMRS.Benn Posted:

Re: Don't look at your 401K.

You're not losing anything unless you are selling girls. You are actually going to be buying more since prices are lower - it will bounce back.

itbroi805 Posted:

Re: Don't look at your 401K.


Posted by smilesjc81


Posted by itbroi805

FH lost 10k!!!!!!!!!!!!!!!






I dont care what anyone thinks but

BUCK OFAMA!!!! lololol



FutureMRS.Benn Posted:

Re: Don't look at your 401K.

Its safe to look again girls. Mine jumped right back up!

chris1082 Posted:

Re: Don't look at your 401K.


Posted by itbroi805


Posted by smilesjc81


Posted by itbroi805

FH lost 10k!!!!!!!!!!!!!!!






I dont care what anyone thinks but

BUCK OFAMA!!!! lololol






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