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I guess I'm doing something wrong

Started by Josephus, January 30, 2012, 04:53:23 PM

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Josephus

January 30, 2012, 04:53:23 PM
Just got a statement from my bank re: one of my retirement savings plans.

Value of plan Jan 1, 2011. $51,000
Contributions $3000

Value of this plan, Jan 1, 2012. $42,000

:(
Civis Romanus Sum<br /><br />"My friends, love is better than anger. Hope is better than fear. Optimism is better than despair. So let us be loving, hopeful and optimistic. And we'll change the world." Jack Layton 1950-2011

MadImmortalMan

#1
January 30, 2012, 05:01:42 PM
Bad allocation. Re-balance it.

And up your contributions. Sheesh.
"Stability is destabilizing." --Hyman Minsky

"Complacency can be a self-denying prophecy."
"We have nothing to fear but lack of fear itself." --Larry Summers

Admiral Yi

#2
January 30, 2012, 05:02:23 PM
Did you have all your money in Research in Motion? :hmm:

Siege

#3
January 30, 2012, 07:47:45 PM
The Roma took it.



"All men are created equal, then some become infantry."

"Those who beat their swords into plowshares will plow for those who don't."

"Laissez faire et laissez passer, le monde va de lui même!"

crazy canuck

#4
January 30, 2012, 08:50:38 PM
Ouch.

I would take a serious look at where you have your money and how it is invested.

HVC

#5
January 30, 2012, 09:12:52 PM
Your jewish employers are embezzling your money :contract: :P
Being lazy is bad; unless you still get what you want, then it's called "patience".
Hubris must be punished. Severely.

Josephus

#6
January 30, 2012, 10:10:40 PM
Quote from: HVC on January 30, 2012, 09:12:52 PM
Your jewish employers are embezzling your money :contract: :P

:lmfao:
Civis Romanus Sum<br /><br />"My friends, love is better than anger. Hope is better than fear. Optimism is better than despair. So let us be loving, hopeful and optimistic. And we'll change the world." Jack Layton 1950-2011
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