Belly up to the Bar (aka The Post Whorin' Thread)

[tommymac]

Originally Posted by marko138

I've still got a bit in my old 401k thats just now starting to make money again.

Mines actualy doing well. I sat down with a rep 2 yrs ago just as the economy was going in the shitter. We actualy invested more agressively at the time. Took a little hit at the time but have gotten sick returns the last 3 quarters, and am off to a good start on this one.

I want to talk to them again to see if I should reallocate some funds again and be more conservative or stay the course.

[marko138]

Originally Posted by tommymac

Mines actualy doing well. I sat down with a rep 2 yrs ago just as the economy was going in the shitter. We actualy invested more agressively at the time. Took a little hit at the time but have gotten sick returns the last 3 quarters, and am off to a good start on this one.

I want to talk to them again to see if I should reallocate some funds again and be more conservative or stay the course.

I'm still invested sorta aggressive...from when I first started it 5 years ago. Had a decent chunk of change in there before the tank. Now it's getting back to where it was.

[Rider]

Originally Posted by marko138

I'm still invested sorta aggressive...from when I first started it 5 years ago. Had a decent chunk of change in there before the tank. Now it's getting back to where it was.

Yeah I'm the same, everything I have is in aggressive funds. I might be almost 40 but I look at it as I still have 25+ years to work. My stuff isn't quit back to where it was a few years ago but it's getting there.

[marko138]

Originally Posted by Rider

Yeah I'm the same, everything I have is in aggressive funds. I might be almost 40 but I look at it as I still have 25+ years to work. My stuff isn't quit back to where it was a few years ago but it's getting there.

At 40 I'll be almost half way to retirement!

[Rider]

Originally Posted by marko138

At 40 I'll be almost half way to retirement!

Yes but halfway into a 50 year career is still a long way to go.

[marko138]

Originally Posted by Rider

Yes but halfway into a 50 year career is still a long way to go.

Right...but, in my case, state gov't employment has it's benefits. And only requiring 30 years of service before retirement is NICE.

[Rider]

Originally Posted by marko138

Right...but, in my case, state gov't employment has it's benefits. And only requiring 30 years of service before retirement is NICE.

Oh yeah, I can get full retirement at 30 years here but why stop working? Statistics show you are going to die within5 years of retirement anyway. Might as well keep working.