I have been working the last couple of days trying to get comments from certain individuals for a post, that I had planned to post here and on my Capital Journal online column. Due to them being to busy to get a response back, being out of town or whatever, I have not been able get a response. I will continue trying to bring you the post with the comments, but if no comments come today, I will have to run it without them. However, I won't be able to post the article on my CJ online column.
On another note, I received my 1st quarter statement for my 401-K and everyone of my investments, except two lost money. Of course those two are both smaller investments, within my retirement plan. Those two are JP Morgan Stable Asset Income Fund-Select and the other is First American Real Estate Securities. All-in-All my retirement investments took a $251.51 loss, while I infused $534.80. So much for diversifying. Over the life of the retirement I have lost 8.71%. The thing is, it appears these funds may be bing transfered again to yet another broker/account so waiting out the down turn in the market doesn't appear to be much a possibility.
The commentary that came with the quarterly report, said
Equity markets suffered their worst quarter since 2002 as the credit crunch intensified and more evidence began to point toward a looming U. S. recession.
At work it appears some things are in the works and I am excited about the future.
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go ahead share your thoughts with me now.
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2 comments:
Don't worry! the democrats are coming to save the economy and the country, pay off your debt so when they are in office the economy will rebound and it will be like the 90's all over again.
Just imagine how great our economy would be if we spent all the iraq money in repairing our roads, bridges, building new schools etc, you know, investing in our country.
Yeap, great things come to like higher taxes :)
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