Has anyone seen my 401K?

[Warren Stupidity]

It seems to have gone missing again.

I looked at the DOW, and it isn't there:
http://finance.google.com/finance?chdnp=0&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1200665828000&chddm=23460&q=INDEXDJX:.DJI

I looked over at the S&P 500 and nope, no 401K:
http://finance.google.com/finance?chdnp=0&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1200665935000&chddm=23460&q=INDEXSP:.INX

Perhaps the NASDAQ has it?:
http://finance.google.com/finance?chdnp=0&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1200665961000&chddm=23460&q=INDEXNASDAQ:.IXIC

I thought I had protected my 401K by keeping most of it in money market funds, but I looked over there and:
http://www.nytimes.com/imagepages/2007/09/20/business/20070921_DOLLAR_GRAPHIC.html

Has anyone seen my 401K? I'm getting old and I can't rebuild it all over again.

[Atman]

1. Cartoon...

.

[Rosemary2205]

2. Kick for the Cartoon.

:)

[Tandalayo_Scheisskopf]

7. Just another mechanism...

To steal the wealth of the nation. They got the pensions and they want the 401k's.

I would love to see what the frequency of recessions is, before and after the institution of 401k's.

[TechBear_Seattle]

3. Go away and leave me alone

I'm busy trying to find mine and have no time to help you find yours.

[Warren Stupidity]

10. Now that was funny.

And exactly in the spirit of the day.

[TechBear_Seattle]

16. Glad I could help

:wave:

[RB TexLa]

4. Were Pacific Rim, China, or Natural Energy options not available to you?

[Warren Stupidity]

8. Yeah 'cause I know so much about investing in China.

Or Malaysia. Maybe I could invest in Burmese military coup futures?

[RB TexLa]

30. Doesn't take that much knowledge to choose a fund labeled

"China"
"Natural Energy"
"Pacific Rim"
"Defense and Armaments"

[Zywiec]

5. If you're old maybe you shouldn't have your money

in funds that track the DJIA or S&P 500? I think that's only common financial knowledge.

For a youngster like me, I can handle the ups and downs. Your money is probably best kept under your mattress.

[Warren Stupidity]

6. It was humor, sonny. Gallows humor.

Your generation has a massive humor impairment problem. Next time I'll put the appropriate smileys all around everything so that you 'get it'.

p.s. the mattress is a fine idea for gold, dollars: not so good.

[Zywiec]

12. We have no problem with humor as long as something is funny.

Old people who don't know any better than to reallocate funds in their 401Ks as they get older, is not a laughing matter.

It's sad really.

You should be on the phone with your 401k company rather than joking about losing money due to your poor investment choices.

[Warren Stupidity]

14. yeah actually you do

you still seem to think I was serious. I like your suggestion that I should do some panic selling though. I'll consider it.

[Zywiec]

19. I'd love to see the post of yours from last year about how great your 401K was doing

You know, the funny post about how you can't find your 401K because it's gone through the roof?

Does your generation ever post anything positive?

[Warren Stupidity]

20. I'm rather positive that this subthread is going nowhere.

How's that?


p.s.: that was a joke.

[Disorientedx3]

23. sad?

at least you have that much sympathy. So what if the poor, the un-educated and the mis-informed live their "golden years" in poverty... meh... at least you've got yours. (I'd do the sarcasm icons, but as I'm older now, i lack the urge to learn how) <---i'd do the sarcasm icons, but as i'm older now, I lack the urge to learn how.... :-) I've attended the "investment seminars" in a effort to understand how to use the 401Ks that are replacing the pensions. I'm terrified that I'm gonna lose my ass and end up living in a box when I'm 80.

[Wiley50]

27. Minor Point: dollars are more comfortable in your mattress than gold

although, the way they're falling, they soon won't be worth
what the cotton stuffing is

[Warren Stupidity]

28. Put the gold in the box springs, nt.

[doc03]

22. Any financial advisor I have ever heard

will tell you as you get older to put a larger percentage of you portfolio in fixed income but to also keep some money in the Market for growth to combat the effects of inflation. The Market always will have ups and downs so if you don't have the stomach to ride it out you are better off in fixed income investments.

[Warren Stupidity]

24. Which of course is what I have done.

However the dollar's rather percipitous decline has eroded the real world value of fixed income and money market assets right along with stock portfolios. That would be that last sorry graph. Making 5% on a dollar based asset that is losing 5% of its real value is not making anyhing at all. If we are really nearing the end of the dollar as the world's fiat currency, there are going to be some rather unpleasant readjustments to be made.

[doc03]

25. Can't argue with that, the dollar is 68 cents on the

Euro today. There is no doubt about it the chimp has made a mess of everything. Today he will announce another tax cut in a desperate attempt to save the Markets. The tax cut will create an even larger deficit which will drive the value of our currency even lower. If we were running a surplus like in the last couple Clinton years a tax cut would be fine to jump start things. But when you are running deficits like this it just puts us into a deeper hole ultimately.

[davidwparker]

9. It's a good thing we have Social Security.

[Warren Stupidity]

11. The criminals are doing their damned best to drown that

in a flood of debt.

[SammyWinstonJack]

13. ...

:evilgrin: They're working on a plan too steal that, just wait!

[doc03]

15. It's a good thing the Democrats

stopped Bush from betting SS on the stock market.

[TechBear_Seattle]

17. "It's not gambling; it's the stock market!"

I actually had someone tell me that once. :eyes:

[gratuitous]

18. I just checked the sofa cushions

There was, let's see . . . seventeen cents and a popcorn kernel. Could that be it? 'Cause if it's not your 401(k), I'm investing it in gold.

[Warren Stupidity]

21. good point. I'll look there.

[LSK]

26. if you have an international fund, move some into it

[CK_John]

29. I think I know where it is, I overheard a couple of biz types laughing about how they conned

their people into taking a pay cut and then setup an investment group to buy our shares, and the best part is we charge a 2.5% annual fee and cover all our cost. My cousin cut a deal with some fund that gives us another 1.5% kickback, and best of all we get a tax write off on everything.

Some of the schmucks may make a few bucks but if they don't it's on them and the market. God Bless American.