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|Subject: Re: Poll: Did your 401k recover from the 2008 de||Date: 12/27/2010 6:12 PM|
|Author: gdett2||Number: 67962 of 81641|
I understand your concern about market returns. If you invest in index funds, that may be what you get.
Here are the returns on 4 of my stocks over the 2007-Today period
(This is from "My Scorecard" on MF)
These are the 2 highest and 2 lowest that I bought in 2007. In 2008, I bought more stocks, Ford being the best for 2008.
I believe NFLX is the only stock I bought in 2007 that did not go negative during 2008. I believe IMAX went down about 50%. Some did not recover until 2010.
Yes, the market was going down. Having been retired since 2005, some people would call me nuts. I have been through a number of market sags, nothing this bad, but I have managed to get through them.
The market will correct itself again in the future. No one knows how much or when.
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