I should have bought MORE cars...

NO KIDDING! It will take a decade for my 401k to dig itself out of this one! JEEZ! I KNEW I should have got out when the market was near/at 14k! Hind sight is 20/20 isn't it?! SUCK!

James
Austin, TX

 

I dont have much in my 401k, relative to some other folks on FChat, but I did move 80% of it to money market account equivalent and left the remainder in S&P tracking.

Luckily, I havent been too bad, but then again, I'm risk averse, which is why I own a 308 and will never own a new Ferrari (hey, maybe a 360 when they drop to 60k ).

James in Denver

BTW - James aka PCar928fan, nice set of cars you have. GTS's rock. I've always liked the mid-engine cars though, former 914 and Boxster S owner myself.

 

James,

Thanks for the kuddos! I agree w/ all of your car choices and wish I had made the same choices w/ my 401k that you made!

Best,
James in Austin

 

Unless you moved it to foreign currency, gold or oil lease... it still sucks considering where the Dollars has been going...

 

True as well! I have never seen the dollar suck this bad! For those of your across the pond it should make vacations here in America VERY AFFORDABLE!

 

Yes, I am looking forward to coming over to the US again, always have a great time there.

I feel for you guys but for me I wish that the troubles may long continue as I am a gold miner and my company's stock has more than doubled in 5 months. After a decade in the doldrums it's finally fun to be in mining again. Swings and round-abouts, I suppose.


Onno

 

Onno, that is good for you! At this rate you will have another Ferrari in your garage SOON! I hope my fortunes can follow yours soon!

Best,
James