tag:blogger.com,1999:blog-1275996914383242610.post5127836008775702835..comments2023-10-31T02:27:18.201-07:00Comments on Her Every Cent Counts - a quarter life crisis, and change: Recession? Depression? Either way, it sucks.her every cent countshttp://www.blogger.com/profile/03559826632110489586noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1275996914383242610.post-6617091127771749232008-10-28T05:55:00.000-07:002008-10-28T05:55:00.000-07:00I know how you feel. My 401k account is through V...I know how you feel. My 401k account is through Vanguard, and I just started experimenting with Sharebuilder this year. I'm in the 2045 Target Retirement fund at Vanguard; I'm glad I have a long way to cover my losses this year. All of my Sharebuilder holdings are down over 35%. But I like to look at this as an opportunity. It's like the stock market is on sale now, and we won't be able to get another deal like this in our lifetimes. I am positive that when I retire 40 years from now, the stock market will be worth more than it is today.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1275996914383242610.post-46224801561825495332008-10-27T01:58:00.000-07:002008-10-27T01:58:00.000-07:00Hello! I'm amazed at how you are working your mone...Hello! <BR/><BR/>I'm amazed at how you are working your money at the stock market at such a young age. I'm practically like your age, but I'm absolutely clueless about stocks and investments. <BR/><BR/>Unfortunately I will not be able to give you sound advice as to what to do with stocks--because as I've mentioned, I'm without pertinent knowledge on it. However, I think, you should just go on and not really dwell on the recession and depression... if ever probably do other investments wherein which you'd have more control over, that way... your eggs are not in the same basket, and you sort of feel a bit empowered that you can directly control certain aspects of your financial matters. :)<BR/><BR/>Cheers!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1275996914383242610.post-15320195042471161742008-10-08T13:27:00.000-07:002008-10-08T13:27:00.000-07:00Lisa, what you just described is selling low and r...Lisa, what you just described is selling low and re-buying in high. If you wait until the market begins to recover, you lose most of the appreciation and growth in your investments.<BR/>-SarahAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1275996914383242610.post-7285675519052437492008-10-08T09:58:00.000-07:002008-10-08T09:58:00.000-07:00Hi! If it was my finances I would pull all my mone...Hi! If it was my finances I would pull all my money out. You are going to lose your money. When if you pull iit out at least you can use it or put it back in if ever goes up, but I really don't believe it will stay up ever again the way it used to. There are prophecies about this that I believe are being fulfilled now. Iceland has already froze all their regular bank accounts , so if they haver no money at home. Now they have no way to buy even food. I think the USA needs to heed these things even being seen in other countries. Blessings,lisaAnonymousnoreply@blogger.com