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Down $10,000

February 28th, 2007 at 02:02 pm

I just checked with the vanguard mutual fund. I have all my mutual funds listed there, so that I can see the value of all my mutual funds with out having to go to each mutual fund company.
I took a hit of about $10,000 because of yesterday's stock market drop.
However, I am not too upset.
I started keeping track of my mutual funds at vanguard on Sept. 21st. According to my notes, I am still $20,000 ahead of where I was on 9/21, so that makes me happy!!

Posted in Uncategorized | 10 Comments »

10 Responses to “Down $10,000”

  1. tinapbeana Says:
    February 28th, 2007 at 02:48 pm 1172674137
    1172674137

    However, I am not too upset. I started keeping track of my mutual funds at vanguard on Sept. 21st. According to my notes, I am still $20,000 ahead of where I was on 9/21, so that makes me happy!! 

    that's the perfect attitude to have, julie! i wish more folks could feel that way when the market gets funky.

  2. nance Says:
    February 28th, 2007 at 03:14 pm 1172675683
    1172675683

    My IRA took the same kind of hit. If people don't panic and pull out their money, the market will climb back up again. The money in my IRA is a rollover from the retirement funds from a job I held for 21 years. It will be interesting to hear what the new Fed. Chairman has to say. Every time Greenspan talks, there is a huge reaction! As in yesterday's comment that we could see a recession this year.

  3. Nic Says:
    February 28th, 2007 at 03:36 pm 1172676994
    1172676994

    However, I am not too upset.<~~~Ima saver
    That's due to good,solid planning and a great attitude!Smile

  4. dickyvman Says:
    February 28th, 2007 at 04:15 pm 1172679329
    1172679329

    I lost $2,300 in my 401k alone. But just like you, it doesn't bother me. I'm only 30 and have a long way to go till retirement.

  5. Fern Says:
    February 28th, 2007 at 05:16 pm 1172683010
    1172683010

    i'm not even gonna LOOK at how i fared, not until i get my usual monthly statement.

    the less you think about it, the better. it's already come back 100 points this a.m.!

  6. Ima saver Says:
    February 28th, 2007 at 05:48 pm 1172684890
    1172684890

    Well, I still have $20,000 more than I did 5 months ago, and I never put in a dime.

  7. creditcardfree Says:
    February 28th, 2007 at 11:43 pm 1172706181
    1172706181

    I'm sure mine is down too. I've decided not to look. If I look I might worry when I know that I shouldn't. I still have more than 30 years until retirement. I just put money in last friday...maybe next month it will still be down and I'll get the sale price!!

  8. Carolina Bound Says:
    March 1st, 2007 at 01:57 am 1172714239
    1172714239

    My retirement fund lost $2,000. I hope it recovers by the time I retire in a few months.

  9. Nic Says:
    March 1st, 2007 at 03:16 am 1172718985
    1172718985

    I'm out $1089 and change. Tomorrow,I'll check to see what ups or downs await me after today.

  10. Finance Guide 101 Says:
    March 1st, 2007 at 12:29 pm 1172752171
    1172752171

    I liked your attitude .......hats off...

    There are ups and downs in the stock market .....as one of the blogs author Decipher said something really nice I will share that here..

    Text is http://growmoney.blogspot.com/2007/02/historic-moment.html and Link is
    http://growmoney.blogspot.com/2007/02/historic-moment.html
    " 1) Never be over exposed to the market
    2) Meltdown can happen suddenly
    3) Never Greed . Always take profit on the way up
    4) Never buy more than what you can afford to
    5) In a panic sell like today, watch for rebound
    6) Ask not what had happened or going to happen, but ask what you going to do when the market gets there "

    Daniel.

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