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Today's 401-K Contribution

August 15th, 2007 at 11:05 pm

Today was payday and my 401-K contribution comes directly out of my paycheck...It was for $1000...

I know how you are supposed to "stay the course" & "stocks are on sale", etc..but I've also heard about the "falling knife" theory.....so......in view of what has happened recently (the bad investment that lost me so much money)..I just couldn't invest it...

I put it all in Stable Value Fund..It's a mind thing I guess...I really needed to feel like that money is going to stay "whole" for a while....In fact, I may just do this until I have saved enough money to make up the loss...for some reason, that makes me feel better?..we'll see..

Posted in Uncategorized | 3 Comments »

3 Responses to “Today's 401-K Contribution”

  1. Amber Says:
    August 16th, 2007 at 01:30 am 1187227847
    1187227847

    As long as you have a peace of mind, I think you made the best decision

  2. terri77 Says:
    August 16th, 2007 at 05:31 pm 1187285473
    1187285473

    It should only matter what you risk or loss you can take. What you can sleep with at night will be different what someone else can deal with. If you're looking to retire soon and you consider yourself a conservative investor or you're just getting started, this is a great choice.

  3. Broken Arrow Says:
    December 30th, 2007 at 04:07 pm 1199030874
    1199030874

    Sounds fine by me.

    Actually, could you talk more about this "bad investment" that you once had? That is, if you feel inclined to do so.

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