tag:blogger.com,1999:blog-31831069.post7591263306975685605..comments2023-10-26T08:22:28.827-05:00Comments on Minnesota Meanderings: Flushing Money Down the ToiletThomashttp://www.blogger.com/profile/14155649109887790410noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-31831069.post-24845253024890623212008-07-28T14:36:00.000-05:002008-07-28T14:36:00.000-05:00Dis, I also believe that conditions will improve i...Dis, I also believe that conditions will improve in time. I just don't see anything positive coming for at least another year, probably not until '10. <BR/><BR/>After doing about 4 minutes research on the internet, I've decided to keep my package as is for now. If I see signs that the market is coming back, I will happily switch to a more aggressive strategy. <BR/><BR/>Thanks for your opinions, all!Thomashttps://www.blogger.com/profile/14155649109887790410noreply@blogger.comtag:blogger.com,1999:blog-31831069.post-66370237020386260322008-07-26T13:07:00.000-05:002008-07-26T13:07:00.000-05:00It's a wise, smart investment you've made. My 401K...It's a wise, smart investment you've made. My 401K has remained stagnant for a long time and has also taken a bit of a loss. The market has taken hits because of rising crude costs. So, we need to reestablish our relationships with our allies to help us use fair trade in an ever competing global economy. Right. It's not going to happen overnight and will take time. I'm optimistic that conditions will improve, but alternative energy sources will take years to begin mass producing. We also can't have oil companies controlling it. Exxon-Mobil far exceeded their costs for marketing than investing in alternative energy. Predictably, like Phillip Morris, they're now using environmental friendly commercials as a good P.R. ploy.<BR/><BR/>Good post. I'll have to see what my latest 401K statement says. I'm not holding my breath.Anonymoushttps://www.blogger.com/profile/00760797962288108964noreply@blogger.comtag:blogger.com,1999:blog-31831069.post-70802705220486034712008-07-25T20:45:00.000-05:002008-07-25T20:45:00.000-05:00Anonymous, being aggressive just isn't my thing. M...Anonymous, being aggressive just isn't my thing. My favorite Deepak Chopra spiritual law is the Law of Least Effort. <BR/><BR/>Don't take it personal that I chuckle a bit at others taking a bath. I chuckle at a LOT of things and if you're right, those people will end up with more moolah than me, anyway.Thomashttps://www.blogger.com/profile/14155649109887790410noreply@blogger.comtag:blogger.com,1999:blog-31831069.post-73005607654387567142008-07-25T16:09:00.000-05:002008-07-25T16:09:00.000-05:00Yeah, it's really nice of you to laugh at other's ...Yeah, it's really nice of you to laugh at other's financial misforture. The others here are right--you need to be much more aggressive at your age. In reading your posts, you really like to put others down to make yourself feel better, don't you?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31831069.post-2237883464438324872008-07-25T13:35:00.000-05:002008-07-25T13:35:00.000-05:00Perhaps you guys are right. I'll do some research...Perhaps you guys are right. I'll do some research on the subject on the Internets (as W once referred to them). Thanks for the heads-up!<BR/><BR/>Have a good weekend, all!Thomashttps://www.blogger.com/profile/14155649109887790410noreply@blogger.comtag:blogger.com,1999:blog-31831069.post-84495008341955438382008-07-25T13:15:00.000-05:002008-07-25T13:15:00.000-05:00say rah is right hombre, and 37 is still not old e...say rah is right hombre, and 37 is still not old enough to play your 401K conservative. That's almost 30 years of work left.<BR/><BR/>And now is actually the time to get more aggressive after thsi huge fall in the market.Rocketstarhttps://www.blogger.com/profile/08048394765796741834noreply@blogger.comtag:blogger.com,1999:blog-31831069.post-2898019129503395302008-07-25T12:16:00.000-05:002008-07-25T12:16:00.000-05:00Duchess, I'm sure being a government employee has ...Duchess, I'm sure being a government employee has its advantages. <BR/><BR/>Sarah, my retirement isn't quite as far off as yours (I'm 37 and a half). That probably plays a factor in my cautiousness.Thomashttps://www.blogger.com/profile/14155649109887790410noreply@blogger.comtag:blogger.com,1999:blog-31831069.post-4961041900683856752008-07-25T11:55:00.000-05:002008-07-25T11:55:00.000-05:00laugh all you want thomas, but remember, retiremen...laugh all you want thomas, but remember, retirement is a long, long time from now. this is the worst time for your co-workers to chicken out. be aggressive, stay aggressive [while young], no matter what the statements say. i don't even open mine anymore.<BR/><BR/>i've been playing the 401(k) game for a lotta years.Sarahhttps://www.blogger.com/profile/10083559128306843563noreply@blogger.comtag:blogger.com,1999:blog-31831069.post-57052135761679389232008-07-25T09:55:00.000-05:002008-07-25T09:55:00.000-05:00I have no idea how my retirement works, but I'm a ...I have no idea how my retirement works, but I'm a public employee, so no 401K for me.dmhttps://www.blogger.com/profile/12706770392229057139noreply@blogger.com