Yeah...I just got my statement from September, which doesn't include the last 10 days of turmoil. As of then, I still hadn't lost money, but I'd have done better by putting all that money in the bank, even at a low interest rate. (Of course, that's not entirely true, since the money was still tax-deferred and matched to a certain extent by my employers.)
I'm kind of intrigued by the computer screen on the right with all the lines. Is that some sort of computer model for the path the markets might take, like they make for hurricanes? *lol*
A hurricane is a good analogy, except no one understands these ups and downs, so it's more like a tornado. Anyway, they've got the "perfect storm" this week, for sure. The DOW is down another 450 points just this morning. Unreal.
*lol* It reminds me of a picture I saw yesterday. At work I'm responsible for following the developments of the DAX (that's the blue-chip index on the Frankfurt Stock Exchange), and look what I found while writing my report yesterday. A trade hanged his bull mascot! :D
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I plan to look in on my 401k in a couple years. *grumble*
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That reminds me of this picture that my husband and I were looking at today of a guy on Wall Street - it's like the picture of universal distress:
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A hurricane is a good analogy, except no one understands these ups and downs, so it's more like a tornado. Anyway, they've got the "perfect storm" this week, for sure. The DOW is down another 450 points just this morning. Unreal.
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Sadly, the bears have taken over the world!
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