Your Personalized Rate of Return reflecting account balance plus deposits, withdrawals and earnings from 02/09/2008 to 10/09/2008 is -42.856800%. This is a copy and paste from my 401K statement after the days trading on Thursday with another large slide. Now personally this isn't so bad as i receive a 100% employer match for what i put into it so I'm still up about 7%. As well as that fact that i hadn't had the account for more then a month or two so the balance wasn't a significant amount . I stoped contributing to it about 4 weeks ago in anticipation of something fairly bad happening in the market . I never expected it to be as bad as it currently is and i don't think it will stop dropping soon either. This will hit the soon to retire within the next 2-3 years as if its sooner then that its a good idea to switch from a high volatility area such as stocks. And move them to a more secure though less likely to make any real gains area. Forcing some of...
Political Commentary, opinion, bullshit