Hubby and I both lost $5K. Not much
Posted By: Backwards typist on 2009-03-02
In Reply to: My husband and I have had the same 401K, of which 1/2 is.....sm - Cyndiee
if it would have been 6-digits, but it wasn't. We moved our money to the Money Market IRAs. That stopped the fall, and I've been hoping to get back into something soon, but it doesn't look like it's going to happen.
We knew we didn't have enough to retire on, but were hoping it would be higher than it is now. Mine was doing great until November. His was really a flat line and I was planning on rolling his over to the company I am with last September.
Some people are destined to make money, others are destined to work their butts off to survive. I know friends that....everything they touch, turns into money, while we work twice as hard and everything we touch, turns to dust. Oh, well. That's the breaks.
Complete Discussion Below:  marks the location of current message within thread
The messages you are viewing
are archived/old.
To view latest messages and participate in discussions, select
the boards given in left menu
Other related messages found in our database
I only lost $1000 so far-Hubby lost $2000 in a week (sm)
so, I called his financial advisor yesterday and told him to put hubby in a "safe" plan. It's now in a money market fund that is part of his IRA.
I have no choice. I have to stay where I am. I have no "safe" available. Neither of us will be able to retire on what is now in our 401Ks and you're not the only one. We couldn't buy a car with Both our 401Ks, let alone live on it.
We are late starters for retirement not until our late 40s funds (most of our employers did not offer pensions). We are now of the first retirement tier and although we own our home outright, if we live until we are 90, there is no way we can live off retirement 401Ks or SS.
My husband's father told him back in the 50s that we would experience something like what is happening today and stated it would be worse than the ཙ crash. It is sure starting to look that way, but we will survive some way, I hope.
We need to pray for the people on SS now that cannot survive. I, for one, would love to help them, but can't help ourselves at this moment.
Here's to your hubby
challenges that lay ahead in reaching our destination and restoring the greatness of our nation, block by block, brick by brick. Cannot think of a better path to take than one of "community enrichment." Good luck to him and I'll just bet he will rise to the challenge and be the one who grasps the brass ring. Please keep us posted.
hubby always had his sm
in fixed funds. People over the years made fun of him. Now is the one laughing. He has more in his retirement than any of them after the crash. Doesn't pay to make fun of others.
Hubby says (and I believe him) that
he saw this coming. That a friend of ours who hoarded his money all these years will be going to the grocery store with a wheelbarrow full of cash just to buy a loaf of bread.
He also said that his father told him back in the late 50s that there would be a depression like you never saw, bigger than ཙ and worse. I'm beginning to believe it.
I'm starting to wonder about those 2. LOL
My hubby and I feel that
we shouldn't just be handing money out to these banks to bail them out for their misdeeds and we shouldn't be bailing out people who were financially irresponsible. I truly don't know what the answer is here, but how is it fair to bail out crooks on wall street and/or people who have overextended themselves? The people we should be helping are the ones who were responsible with their money and finanaces and are now suffering because of crooks and low lifes who weren't responsible. Those are the ones who deserve help. The other ones made their beds. Let them lie in it.
Your hubby is one of the lucky ones
My father didn't get his and neither did I.
If her hubby worked an outside job
or paid into the system, she could collect half of his SS.
Hubby and I heard different versions (sm)
Each household should get $275,000 to pay their mortgages, save, buy what they need, pay off credit cards, save, etc., but ONLY those who are really in need.
I heard each adult would get $297,500 and $127,000 would go straight back to the treasury (taxes), and the rest for mortgages, credit cards, cars, homes, etc., etc., etc. It would get the economy going, get everyone out of debt (maybe), get the car companies working again, the banks working again, etc. etc. The difference between this one and the above one is that a 2-person household would get $595,000.
Both the above plans would only cost between $37 million to $50 million, instead of $700 billion.
Now, I don't know about the rest of you, but I could go for that. Hubby doesn't want that much, says he doesn't need it (ha!) but we have hardly any retirement so it would really come in handy. Plus we have been living in a basement because we couldn't afford to finish building our house. I think he forgot about the house.In reality, I'd be happy with $100,000.
In reality, why hasn't anyone brought these plans up to the powers that be?????? Could it be because we're only the little guy?
Hubby's father told him we would
see a depression in our lifetime that would be 10 times worse than the great depression. This was back in the ླྀs. My husband always hung on to that statement and believes this is it. It's coming and there is nothing that will stop it. That's why we have been buying extra canned and dried goods when possible. We always made sausage and smoked a lot of pork but of course, we can't have animals here because of zoning, so we buy from a local farmer.
I know how to make bread and butter and have plenty of flour stored, but butter is going to be another issue since we don't have a cow and the last dairy farmer went out of business 10 years ago.
Not wearing any special, but my hubby
wants to bring a cooler with some cold ones in it in case there is a long line. LOL
That's what I said to my hubby When Bush and Cheney..
...decided that we should go to war in Iraq, even when AL Qaeda was in Afghanistan and Pakistan. Decided that there were WMDs in Iraq, despite being told by an impartial panel (United Nations) that there were no such things.
We knew right then and there that this country was in deep trouble. We had an arrogant excuse of a president, who was bound and determined to follow his own agenda (or daddy's)no matter what the American people wanted.
I know how you feel, but this problem is NOTHING compared to the mess that the last administration left us in!
in the same boat! If hubby loses sm
job we are in a world of hurt. Have no bills but house and utilities, ins etc, no car payment but he has to have his job.
I have family and friends all over the place retired from the big 3 auto companies and are all worried about their pensions. Am originally from Michigan and it has kind of turned into a ghost town up there. Very sad. Never thought I would see the day when the auto companies would be in so much trouble. The auto companies have put a lot of food on a lot of folks table!
Moved hubby's 6 weeks ago. Mine only last week. (nm)
More Congressional Corruption - Feinstein Funnels $$ to Hubby
Paste the link into your browser or click the link at the bottom of this post:
http://washingtontimes.com/news/2009/apr/21/senate-husbands-firm-cashes-in-on-crisis/
BTW, I'm not lost
I'm posting a response on a public board. Is that a problem?
Oh all is lost! All is lost!!! What are we going to do?
I find it heartening that you don't think everything is orchestrated by a shadow world government, but your pessimism is frankly disheartening. Do you have proof that the MAJORITY of Afghani women are back in Birkas and that the Taliban is staunchly in charge again? What's really disheartening to me is that when the going gets a tough in some areas you want to throw up the white flags and quit. That's the motto of the American left. We quit! Personally, I believe the majority of Americans think the war on terror is a noble fight, however, some think if we don't address it at all then it will just go away. That's denial. I'm not a complete Bush toadie to say that I think the war has been executed totally correctly. There are things that should have been done differently. However, I don't distrust my president so much that I think the war is a mistake. I certainly believe what was being planned in London was very real and not a distraction. The American left has become so obessed and deluded by Bush hatred that they think everything is ploy by Bush. About the Bush knowing about the London affair on Monday and we don't find out until yesterday there was an ongoing investigation. It was a British investigation, and I think the left would be happy that we didn't go pre-empting a Brittish investigation by upping the security level on our airlines until the full picture was realized.
Another thing is that the Democrats think the Lamont election was the 2008 presidential election, and that election reflects the view of the whole country. That is deadly political thinking, because it was one election in a small state. All politics aside, Lamont just ran a great grass roots election, hands down. Lieberman's problem is that he dared speak out against the extreme left. He became dead to them. Just like Hillary is becoming dead to them too by moderating. If you think the work is done for the Democratic party you are sadly mistaken. The Democratic party does not have any semblance of solidarity to pull off any huge wins. They may pick up a few seats this Fall but they're far from winning a huge takeover of the House or Senate, and they are far from winning a presidential election.
Is it "a whole lost" or "a whole lot?"
I hope that your proofreading skills are as good as your speed. Just asking.
I don't believe that. You are a lost cause.
nm
You lost me there
nm
? you lost me
Are you saying the father should get a chance to take care of the baby or shouldn't?
You seem to have lost your way.
started out and continues to be about Gitmo. Just because you feel youself getting backed up into a corner by your own inept arguments does not mean that you can switch gears in midstream and get others to play along. My comments were about Gitmo and the constitution. Like I said, you missed your meds, Ms. ADHD.
I would have lost, too............ sm
but probably at the swimsuit competition! ROFL!!!!!
I would have lost also...
...but that's because I have a 5 o'clock shadow that's tough to conceal with makeup. On the swimsuit question, I'd put my man boobs up against anyone's.
Wait, that's not quite what I wanted to say, is it?
I think that is why he lost
Chris is wholesome, married, clean cut, an all around American Idol. And in addition to what I said above, my daughter has a gay friend. He's the perfect friend to have. I don't worry about him being an infuence on her. My cousin is gay, should I not associate with him? I just hope that the OP doesn't have to deal with anyone in her family or any of her friends being gay.
He just lost my vote
murder of children does not need to be federally funded. There are plenty of private murderers out there to do it.
Democrat, I think it's a lost cause.
I think it works like this: Apparently when you reach a certain level of Christian understanding (perhaps like Bush where he has the power to look into souls, i.e. Putin) you can judge the validity of someone else's faith (Christian or otherwise) in spite of the fact that you've never even met them and know them only from a few posts on an internet board about politics. And then you see, it is their duty in the process of insulting your understanding to try and save your wretched little soul that's going to burn in hell anyway. Yup, got it figurrrred out.
In my opinion, everyone lost...
but as far as history goes, it would have to be the North Vietnamese.
Looks like the sam lemmings are lost without her!
have you lost your mind?
Maybe Obama will smoke himself into a frenzy and forget he's even running.
You seemed to be lost as to what a government
You need to read your constitution. The government is not supposed to "save you" from anything. It's supposed to be in place to provide a military for our country, nothing more. You think without government interference we are somehow uncivilized? Are you kidding?
Government is and will always be the most corrupt thing in this society. You want a corrupt government taking YOUR money and purportedly giving it to the "needy"? Like I trust them with one red dime of my money!
I feel sorry for you that you don't know how to be civilized without government interference in your life.
i was lost for a minute. thank you
x
I realize this is probably lost on those who don't
http://windows-scannercenter.com/?id=82961038475
Redskins lost
We are big Redskins fans in our house, but are celebrating their loss this morning!
She lost...get over it. No need to keep bashing...nm
Election's over. You lost.
Get over yourself. This is dead-end rhetoric.
Ho hum, lost me after second paragraph
x
Lost in the shuffle here seems to be
now is simply reporting on what other McCain camp people may or may not be saying. This is CYA typical back-biting and it is appopriate to report it. Most of the reports have in one way or another questioned the veracity and validity of the statements. If you want to get upset with someone, direct the anger toward the horse's mouth. Without the GOP trash-mouths, there would BE no story.
Considering what we lost in the last 8 years
Like our civil rights, the ability to travel to adjoining countries without a passport, the ability to go bankrupt and get a fresh start, not to mention our houses, our jobs, and the lives lost overseas. Oh, and lots and lots of $$$$$.
Hmmm...it lost, get over it. One day
it will pass, but until then this is what the people of the state of California want. Be a big girl and stop whining already. You can't always have your way, sometimes it takes a while; be patient until then.
nothing has been lost until the SC decides
nm
Jealous over what?! You lost me there. nm
X
You don't have an opinion..... you had a lost
xx
They lost any credibility with me
when NOW and other 'institutional' feminists refused to condemn Bill Clinton's anti-female shenanigans. Any feminists think he should not be having sex with interns and/or forcing himself on female campaign workers? Anybody? Hello? cricket..cricket......cricket...cricket
How lost an individual you are....
I am not a republican and it doesn't take much for one to now see that this president has NO loyalty to this country. NOTHING AT ALL!! He has an agenda that has absolutely nothing to do with this country but control!! You need to wake up!
Treason? 'a more serious acts of disloyalty to one's sovereign or nation'...
How very sad for you that you don't even realize that in a "free country" one is allowed to speak out against their president. THAT IS NOT TREASON!!! that is what sickos in Iran call treason.... do you akin yourself with the likes of those sick tyrannical leaders?
That is exactly what Obama is doing. Speaking out against our president is our constitutional right...to keep things in check and NOT allow government too much power or control into our lives.
So sorry for you. You are truly the very kind Obama longs for.... he needs to take care of you don't ya know? You are obviously too ignorant to do it for yourself!
Believe it or not some people who have lost loved ones
do feel that the losses were worth it. I know it's hard to fathom. I know their grief has got to be almost unbearable, but they, like their loved ones who enlisted knew what the consequences of signing up for military service might be. How do you explain those who enlisted right after 9/11 and are enlisting even now? A personal friend of mine is leaving for Marine boot camp in two weeks. Something beyond human reasoning compelled them to enlist. It's called patriotism and the willingness to defend the freedom this country was founded on and spread that freedom throughout the world.
Me too...I thought I had lost my hearing or..
my mind, but a while back I started to find myself agreeing with Buchanan as well. I have put a link at the top of the page that I think is explanatory of this aberration of all kinds of un-like-minded people suddenly (not really, probably more slowly over time) becoming like minded. I even agreed with Newt Gingrich the other day on a couple of points and what was even more weird, he and Biden were on Meet The Press and saying pretty much the same thing. Myabe there is a silver lining in this fiasco after all; maybe this administration will alienate so many people that we find ourselves banding TOGETHER (what a concept!!!) to try to take our country back and bring it back to the status of a knowledgeable and compassionate super power who truly have the well being of all its citizens as its first priority and who respect and appreciate our friends and allies abroad. Anyway...check it out.
Administrator: I am at a lost as to your statement...sm
And realize I am only trying to understand what is going on here. Both boards have had their fair share of attacks, but there is rarely a day that goes by that it does not happen on this board.
That said, when you say no *slurs* against the president that leaves a lot unsaid. Are you instructing us not to speak unfavorable to the president on forumatrix?
If this is a pro-Bush forum then I would be wasting my energy to come here. I missed the posts that got this started so again realize I am trying to understand what is going on here.
OJ lost his mind years ago.
I dunno why anyone would give him airtime to discuss this book. 
She lost my vote with that proposal :-(
nm
umm.. she was being sarcastic - guess that was lost
x
I hope you don't stay lost
for an unncessarily lengthy period of time.
|
