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Thread: Stock market just erased all gains from last year

  1. #1
    Olympic Champ
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    Default Stock market just erased all gains from last year

    This means unless it reverses direction dramatically, your 401Ks are flat for the past year.

  2. #2

    Default Re: Stock market just erased all gains from last year

    Only if you bought all of your positions on Jan 1, 2007. A 401k has the benefit of dollar cost averaging.

  3. #3

    Default Re: Stock market just erased all gains from last year

    ....and only if you are 100% invested in stock. Diversification is a key rule for sound investment strategy.

  4. #4

    Default Time to move into Gold and/or SILVER

    Quote Originally Posted by hardcore View Post
    ....and only if you are 100% invested in stock. Diversification is a key rule for sound investment strategy.
    Gold hit a record high http://www.cbc.ca/cp/business/080108/b010869A.html and silver projected to double to $30.00 plus an ounce. http://www.kitco.com/ind/Daughty/jan042008.html It may be time to get out of paper and into physical.

  5. #5

    Default Re: Stock market just erased all gains from last year

    I just ran a statment on my 401k for 01/01/2007 to 01/08/2008. Not including my deposits and my matching money, it was up a little over 10% for that time period. But I only have 10% of the funds invested in the S&P500 fund right now, 40% in bonds and 30% in an emerging markets fund (which is down only slightly and has done well in the past).
    "All my life I have tried to pluck a thistle and plant a flower wherever the flower would grow in thought and mind." -- Abraham Lincoln

  6. #6

    Default Re: Stock market just erased all gains from last year

    smart moves bonnieJ2...if you were going to gold and silver you would have wanted to have done it by now berean...
    "Light travels faster than sound. This is why some people appear bright until they speak."

  7. #7

    Default Re: Stock market just erased all gains from last year

    i stayed in energy until end of this year and then moved a little bit over to precious metals...(beer cans)
    "Light travels faster than sound. This is why some people appear bright until they speak."

  8. #8

    Default Re: Stock market just erased all gains from last year

    Quote Originally Posted by goferphan View Post
    smart moves bonnieJ2...if you were going to gold and silver you would have wanted to have done it by now berean...
    I've been in for quite some time...there's a long way to go. Become familiar with the kitco.com forum. The big % gains are yet to be achieved. Buy on the dips. GopherPHan...had you gone into gold/silver at the end of the year you would be showing a +5.7% gain on the gold and +8.3% gain on the silver AS OF 10:00 am THIS MORNING. (01-11-08)
    Last edited by Berean; 01-11-2008 at 11:15 AM.

  9. #9
    Olympic Champ RYou's Avatar
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    Default Re: Stock market just erased all gains from last year

    Pulled out entirely in October. Just watching for the right time to jump back in to the Asian market. Return - 24% in 2007. The Asian market dives twice as much as the US market, but the upside is double too.

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