On another note, I received my 1st quarter statement for my 401-K and everyone of my investments, except two lost money. Of course those two are both smaller investments, within my retirement plan. Those two are JP Morgan Stable Asset Income Fund-Select and the other is First American Real Estate Securities. All-in-All my retirement investments took a $251.51 loss, while I infused $534.80. So much for diversifying. Over the life of the retirement I have lost 8.71%. The thing is, it appears these funds may be bing transfered again to yet another broker/account so waiting out the down turn in the market doesn't appear to be much a possibility.
The commentary that came with the quarterly report, said
Equity markets suffered their worst quarter since 2002 as the credit crunch intensified and more evidence began to point toward a looming U. S. recession.
At work it appears some things are in the works and I am excited about the future.
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go ahead share your thoughts with me now.
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