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Old 08-05-2008, 12:16 PM
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Default Retirement/ Stock Market

So, being an active employess of the bank, of course my 401(k) is somewhat tied up in Wachovia stock.. Optional, of course! If any of you watch the market, you'll know that around the time we fired our CEO, stock was at $7/ share. At that time, I decided to move 90% of my balance in my retiremetn acct into Wachovia stock... So, this is where it is now.. Good move??

http://www.nyse.com/about/listed/lcddata.html?ticker=WB

Daily, it's up and down, but I've noticed a steady incline the past couple weeks.
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Old 08-05-2008, 12:19 PM
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Dude, ---- getting out of debt. Just invest in the stock market!
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Old 08-05-2008, 12:24 PM
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Default Re: Retirement/ Stock Market

Originally Posted by Joseph Davis
Dude, ---- getting out of debt. Just invest in the stock market!
gotta get outta debt.. it's no fun..
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Old 08-05-2008, 12:25 PM
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Default Re: Retirement/ Stock Market

Originally Posted by Joseph Davis
Dude, ---- getting out of debt. Just invest in the stock market!
then once it makes any kinda profit at all, SELL SELL SELL and screw the company you invested in. its the american way
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Old 08-05-2008, 05:18 PM
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My 401K lost about 8% this year... I don't see things going much better next year either.

What do others contribute to their 401K and what does your employer match, if any? I contribute 5% of my paycheck + 4% match from my employer.
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Old 08-05-2008, 05:40 PM
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---- a 401k, invest in gold till you retire.
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Old 08-05-2008, 05:55 PM
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Comcast matches 100% of what you contribute and so far it's been going up.

They limit how much they will match, but I think it's way more than I get paid anyway.
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Old 08-05-2008, 06:03 PM
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i put in 3%, my employer matches that.
my ---- doubled in the last year, ---- yeah
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Old 08-05-2008, 06:41 PM
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Default Re: Retirement/ Stock Market

Originally Posted by doug684
---- a 401k, invest in gold till you retire.

+ copper


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