Monday, September 22, 2008

What a Crazy Week

Well, after historic crashes on the market this past week, the market made everything back, and then some on Thursday and Friday. What a crazy, wildly swinging week. I did look at my 401k, and had last about $8000 value through Wednesday, but then gained that back, plus another $2000 by Friday. That's insane! I'm not sure I'll ever be able to say that I lost $8000 in three days, but then made made $10000 in two days. Of course, it's all just numbers, and I'll never see that for another 19 years (when I retire), but it's still kind of a weird feeling. Now I really wish I had put a large portion of my emergency fund in on Thursday after the nearly 1000 point loss, but didn't have the confidence that I wouldn't lose my shirt. But, perhaps that's why I live paycheck to paycheck as I'm not a risk taker when it comes to money unfortunately.

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