How is your 401k going?

[Silock]

Originally Posted by DaneMcCloud

Hey, don't get me wrong. I applaud ANYONE that's up right now.

It's just hard for me to believe.

But, if you're a Fund Manager, I'd have to say, your clients are VERY lucky.

No, I'm not a fund manager.

I'm just saying that compared to where I was 5 years ago, I'm still up, even though I'm down in the short term. I expect it's going to get much, much worse, too. But it will rebound eventually. It has to. It's a marathon, baby I'm just looking at this in the big, big picture, because the short term is very ugly. Gotta be optimistic, you know?

In other crazy news, overseas markets are crashing HARD. Russia is down 14%, the Nikkei is down 9.38%, SK market is down . . . British markets open now. They're bailing out their banks to the tune of $87B with a $350B line of credit.