Originally posted by zuki:
If (if) the market rebounds at 10% per year from this downturn, we won't see our funds back to where they were until 2018! So I guess time flying by might be a good thing Let's just hope it does. I have a year or more of unopened 401K statements We cashed 90% out of equities when Obama was guaranteed the nomination,and bought some metals with about 25% like we were advised to do. (Should have bought 75%)He said Wall Street will not like Obama.....Boy was he right. No confidence in the "American Idol"
Net loss for 2009 4%...Needless to say we are waiting for a bottom (5000 magic number, avg P/Es are still high believe it or not).
My worry is about the banks and currency Not ready to buy any more metals. It pays to pay a financial guy and do our own online account investing rather then the "free ones" who make commission on purchases. Inflation is next up as the economy heats up all at once when people begin spending again.