Post here if you want yer 401K to tank

[jpak]

me!

not

[Yavin4]

1. I Swapped Out of the Market

and into Gold and Silver.

[spinbaby]

7. Yeah, no bubble there

:eyes:

[Yavin4]

20. Where Else Are You Gonna Go?

Markets suck. Real estate sucks. Bonds suck. Treasuries suck. Savings/CDs are money losers.

Give me the metals.

[RagAss]

22. Pimco...Bill Gross was right.

[Skidmore]

8. Your retirement plan must not have been vested.

Ours are and vesting was mandatory. Part of the plan is stuck in stocks and cannot be retrieved.

[Horse with no Name]

2. I pulled my money out of mine when I lost my job

I had already lost a significant portion of it...and since the opportunity arose, I went with it.

To me, it should be CRIMINAL to tie up retirement money in the stock market, but I sincerely hope folks that are already hurting don't take another hit.

[gateley]

3. Well put.

And even if you don't have a 401K, you'll tank anyway. Just like when Wall Street got into trouble.

[Myrina]

4. Have been watching it evaporate ...

:(

[TheWraith]

5. I haven't had a 401K since the end of 2008.

What exactly is the point of this post?

[cbdo2007]

13. Wait....did you pull all your money out at the end of 2008????

[Swede]

19. Buy high and sell low,doncha know?

[TheWraith]

21. Early 2009 actually, but I didn't have a choice.

My 401K was tied to the job that I didn't have anymore after the end of 2008. But I did manage to stall long enough that it recovered a little.

[Wounded Bear]

6. Already spent mine....

:shrug:

[okieinpain]

9. and I just moved some stuff around last week. now I've got to put

it back like it was.

[CleanGreenFuture]

10. You know, it's not like people weren't warned of this economic chaos

over the past few years. Anyone who has their money at risk or in a bank account is doing just that...taking a risk. And sometimes risk has a way of making you a loser.

[lonestarlib]

11. already has.

just heard a trader saying Boomers really have no chance to make up any losses

[county worker]

17. I keep saying to myself, if it were possible that we could elect enough progressives

in all branches of government we could turn everything around. But I guess that will never happen. I have seen the enemy and it is us!

[adigal]

12. I put mine in money markets after 2008

I have no idea if that is any better. Shrugs.

[dtexdem]

14. BTDT. Saw my TIAA-CREF go down in the last meltdown.

Glad I have several defined-benefit pensions and not just TIAA-CREF. They'll be good until all the state governments go belly up.

[Broderick]

15. down 4 percent

This is not good for many. All gains wiped out for the year, and all indices down.

[whatchamacallit]

16. Moved mine out of stocks and into MM a week ago

Not sure why, went with my gut...

[trackfan]

18. I don't have one. n/t