My Roth is currently down $753.14. Considering that I had $5,000 in there on May 15, I'm not too thrilled. I'm still hoping it will rebound sometime in the next forty years :)
On the plus side, my mother got panicky the week before last and I dutifully moved her IRA out of a target date fund and into a Treasury money market so she has lost a lot less. That matters far more to me than what happens to my own money right now since I'm reasonably good at keeping my own financial worries in check.
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3 comments:
I peeked in on mine a week ago and was very very sad. I'm not looking forward to doing the net worth calculations in a few days.
Being young it is always beneficial to take more risks for rewards with an IRA. It may be down now but when things pick up it will as well. If anything, it's probably a good time to put more in with the prices being lower.
Craig
www.budgetpulse.com
Craig,
I'm left wishing I hadn't already maxed it out for 2008.
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