Hooray, retirement!

October 10th, 2008 § 5 comments

IMG_1702I don’t talk pol­i­tics or cur­rent events here — mainly because I’d come off a a Lol­ber­tar­ian whack-job, but I just had a seri­ous “what in the crap?! moment when I checked my 401k:

Per­sonal Rate of Return from 01/01/2008 to 10/09/2008 is –41.9%

This is one of the moments I look at my daugh­ter and think about the future and get really sullen, so instead, I’m going to go back to solv­ing tech­ni­cal prob­lems as I can’t even ratio­nally dis­cuss this in my own head.

  • Joseph Lisee

    You might con­sider re-balancing your 401k after its value rebounds (don’t sell). In gen­eral if you do worse then the mar­ket or are not beat­ing it you are not diver­si­fied enough.

    Arti­cle on diver­si­fi­ca­tion:
    http://www.ricedelman.com/cs/education/article?…

    The DOW has lost 35% in that time period: http://finance.google.com/finance?chdnp=1&chdd=…

  • jnoller

    Iron­i­cally, I *am* diver­si­fied. I’ve got a pretty good mix by all rights, includ­ing inter­na­tional stuff — it seems that every­thing is tank­ing (I was walk­ing through the fund list this morning)

  • Carl T.

    Jesse,
    Thanks. This actu­ally made me laugh, and it’s tough to laugh right now …
    Carl T.

  • http://www.myactivecommunity.com/ Retire­ment communities

    This is very hard time. You will do good, dont worry.

  • http://www.myactivecommunity.com/ retire­ment

    Hows it now, I am sure things are bit fine now, aren’t they? I wish you all the luck!

What's this?

You are currently reading Hooray, retirement! at jessenoller.com.

meta

  • Author: jesse
  • Comments: 5 Comments
  • Categories: Personal, rant