guppie01 0 #1 December 29, 2008 OI what a rough year.... What is your approx. loss this year??? g"Let's do something romantic this Saturday... how bout we bust out the restraints?" Raddest Ho this side of Jersey #1 - MISS YOU OMG, is she okay? Quote Share this post Link to post Share on other sites
jmp2liv 0 #2 December 29, 2008 I'm more curious about the average percentage lost by people. I'd bet that the percentages are more even than the total amount lost will be. ie, If you didn't start with as much, your dollar loss will be much less. I'd bet that, on average, it's about 40% across the board. I do agree, though. OUCH!!! edited to add percentages. Quote Share this post Link to post Share on other sites
guppie01 0 #3 December 29, 2008 Well, between my two... it's 45% Are ya gonna pimp me out to make up for my losses xoxo g "Let's do something romantic this Saturday... how bout we bust out the restraints?" Raddest Ho this side of Jersey #1 - MISS YOU OMG, is she okay? Quote Share this post Link to post Share on other sites
The111 1 #4 December 29, 2008 I think I "lost" around 25%, I have almost all my funds in S&P 500 Index. I say "lost" because I don't think it's a real loss unless you are going to utilize those funds in the next 5 years. When the market recovers (eventually) your funds will come back too, and in the meantime you are buying cheap ones. www.WingsuitPhotos.com Quote Share this post Link to post Share on other sites
guppie01 0 #5 December 29, 2008 Quote in the meantime you are buying cheap ones LOL I was just looking over all the funds in Fidelity and out of all the funds available to our plan with the exception of 2 do not forecast a gain for the next 4 years... most were at about 35-47% down. Time to resort to stuffing the money in the mattress again for security. ACK! g"Let's do something romantic this Saturday... how bout we bust out the restraints?" Raddest Ho this side of Jersey #1 - MISS YOU OMG, is she okay? Quote Share this post Link to post Share on other sites
jmp2liv 0 #6 December 29, 2008 Quote Are ya gonna pimp me out to make up for my losses Heck no! I'm too selfish..... hmm, maybe I'd pimp out your lasagna baking skills, though .... And, don't you already know I didn't marry you for your money? Ka-Caw! Quote Share this post Link to post Share on other sites
skybytch 273 #7 December 29, 2008 I lost nuthin. That's right, nuthin. Yes, I am gloating. This is one of the few times us po' folk have it all over you rich folk. Quote Share this post Link to post Share on other sites
Thanatos340 1 #8 December 29, 2008 My personal 401K loss this year is about 50%. I was moderately aggressive with my 401K split between a Capitol Appreciation Fund (50%), Equity Income (25%) and Social Awareness Fund (25%). the Social Awareness Fund has lost the least (Percentage wise) at -38% this year.I do know that right now I am pumping as much into the fund as I can as NOW is the time to Buy, NOT sell. Quote Share this post Link to post Share on other sites
turtlespeed 226 #9 December 29, 2008 Quote OI what a rough year.... What is your approx. loss this year??? g Where is the option for zero? Cuz the CD's and savings accounts have not lost anything.I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun Quote Share this post Link to post Share on other sites
guppie01 0 #10 December 29, 2008 Quote Quote OI what a rough year.... What is your approx. loss this year??? g Where is the option for zero? Cuz the CD's and savings accounts have not lost anything. WOOHOOO Beer is on Turtle!!! and No cheap shit - I like the good stuff!!! g"Let's do something romantic this Saturday... how bout we bust out the restraints?" Raddest Ho this side of Jersey #1 - MISS YOU OMG, is she okay? Quote Share this post Link to post Share on other sites
guppie01 0 #11 December 29, 2008 Steve and I were having a conversation with his son yesterday about going off the grid.... Sometimes it seems like it'd make life so much easier! hmmmm g "Let's do something romantic this Saturday... how bout we bust out the restraints?" Raddest Ho this side of Jersey #1 - MISS YOU OMG, is she okay? Quote Share this post Link to post Share on other sites
shropshire 0 #12 December 29, 2008 Nothing on our stocks, shares and house prices because I wasn't planning on selling... You only win/loose at the point of sale... so any apparent lose is only a paper one at this stage (.)Y(.) Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome Quote Share this post Link to post Share on other sites
guppie01 0 #13 December 29, 2008 Yeah, well, that's my biggest problem.... I have an old 401k (from switching companies) that I want to roll into an IRA, I sat on it last year and was hoping I could do something with it this year, but if I roll now I take a huge hit. Do I roll the dice, or let the damn thing sit idle for another year (crossing my fingers that I don't lose any more). g "Let's do something romantic this Saturday... how bout we bust out the restraints?" Raddest Ho this side of Jersey #1 - MISS YOU OMG, is she okay? Quote Share this post Link to post Share on other sites
vdschoor 0 #14 December 29, 2008 Quote Yeah, well, that's my biggest problem.... I have an old 401k (from switching companies) that I want to roll into an IRA, I sat on it last year and was hoping I could do something with it this year, but if I roll now I take a huge hit. Do I roll the dice, or let the damn thing sit idle for another year (crossing my fingers that I don't lose any more). g Talk to a tax accountant, see if the loss you would get would be a "benefit" for tax reasons.. if not, I'd let it sit there.. but I'd say talk to a professional. Quote Share this post Link to post Share on other sites
lawrocket 3 #15 December 29, 2008 I didn't have a whole lot in mine. I think I lost about $8k. I've only had mine for about 3 years now. My wife lost more. I was considered to be somewhat of a sissy by our financial guy because I went with lower-risk and blue chip. I said, "My wife is risking, and I'm gonna balance that out. Diversify." My wife went agressive. she kicked my ass the first year. I'm now ahead of her. By the end of this year I may move into riskier territory. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #16 December 29, 2008 Didn't lose a dime, actually made money. Took everything out of stocks right before the big down-turn. Now it is savely tucked away, under the deposit insurance limit at each institution. Made some decent money on the wild swings since too....now is a great time to buy for those that have some money tucked away.... Quote Share this post Link to post Share on other sites
The111 1 #17 December 29, 2008 QuoteNothing on our stocks, shares and house prices because I wasn't planning on selling... You only win/loose at the point of sale... so any apparent lose is only a paper one at this stage Exactly, and the precise reason I just leave my money in the index funds and don't touch it. Over 30 years (my intended term), index funds always do great.www.WingsuitPhotos.com Quote Share this post Link to post Share on other sites
DrewEckhardt 0 #18 December 29, 2008 QuoteYeah, well, that's my biggest problem.... I have an old 401k (from switching companies) that I want to roll into an IRA, I sat on it last year and was hoping I could do something with it this year, but if I roll now I take a huge hit. Assuming you haven't moved things around recently enough to incur penalties, aren't dealing with funds that have a front-load or back-load, don't have company stock that's depressed below the market as a whole, and move into comparable mutual funds you don't loose anything unless the market makes a significant upswing when your money is "cash" (I don't know when the sell and buy parts of a roll-over happen). Although your X shares of a given group of companies are worth 60% of what they were, you're going to roll them into other mutual funds that have suffered comparable losses Quote Share this post Link to post Share on other sites
