too quiet

I am here!!!

to busy watching my 401K melt into oblivion

Quote from tater_51

to busy watching my 401K melt into oblivion

I've been riding my 401K around the countryside, and hoping it too will have some value when the time comes that I need it.

Z. Ray

Thats the spirit, drivethat 401K, at least part of it.

Yesterday I found myself thinking about all of the different assets that are worth a lot less than they were a year ago. Between the real estate, the 401K, and other stuff that's all worth zip in this market, how refreshing it is to go out and start the car and realize there's no way in hell I'll get rid of the K code, no matter what happens!

You know,after worrying about all of my other investments,I can say that my cars have not lost what I have into them and I can still enjoy them as much as I have for over 20 years ago!!!! Something to make us feel better in these times!

Z.Ray sounds like your plan may be the best idea at this point in time. About ready to dump the formal 401k and also put the money in a more mobile 4 wheel investment. The "formal" 401 has lost 25% since the start of 2008 and it sure don't look good for it going the other way anytime soon.

Jack

Quote from pala

hang on my American friends it can only go back up .

after, that is, it hits bottom.

Z. Ray