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I finally looked at all my retirement accounts today. While not totally decimated, the 30% + drop in some of them made the 22% drop in others seem not so bad even though it is. The worst hit was Vanguard and the second worst was my work account with Merrill Lynch. I left Vanguard alone for now and reallocated ML and then decided to contribute another 2% per check to try and buy low and save high for that elusive future retirement. I'm glad I'm not retiring today because it wouldn't happen.

Comments

  1. Homer Simpson6:25 PM

    I am ignoring all my bank statements - it is too depressing, but I might also move some money from a money market account into the Vanguard funds knowing that in 10 or 20 years it will be a good investment.

    ReplyDelete

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