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.

Re: Retirement/ Stock Market
 

Uhhh, you tell me?

Wait don't, because I don't give a ----

Re: Retirement/ Stock Market
 

Dude, ---- getting out of debt. Just invest in the stock market!

Re: Retirement/ Stock Market
 

gotta get outta debt.. it's no fun..

Re: Retirement/ 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

Re: Retirement/ Stock Market
 

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.

Re: Retirement/ Stock Market
 

---- a 401k, invest in gold till you retire.

Re: Retirement/ Stock Market
 

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.

Re: Retirement/ Stock Market
 

i put in 3%, my employer matches that.
my ---- doubled in the last year, ---- yeah

Re: Retirement/ Stock Market
 

+ copper