Dichotomy...

I finally got so fed up with my 401k at work hemorrhaging money (I lost over $2000 last month alone, including contributions) that I decided to temporarily transfer my entire portfolio into the lowest-yield, lowest-volatility fund available. Yes, I may only be earning something like a 1% return on my investment now, but that's arguably better than the -16% return I've been putting up with since the start of the year. Bush: "We're not in a recession." Ha! Idiot son of an asshole indeed... Next step is to shop around for a better-managed plan and see about rolling over my current balance (since I'm fully vested). Any suggestions?

Posted by Rev. Adam on Monday, July 07, 2008 at 1:26 PM | Permalink