09-20-2008, 12:33 PM
During the five months, while trying to sell my house it's value, at least by my ability to do comps, fell by 28% (as did the price). I just hope it closes in 12 days as scheduled... I'm very nervous.
My 401k lost 22% this year, and even though I moved all the money into the safest bonds I could find, about a month ago, it's still going down... The bonds are losing money...
I'm retiring and they're hiring me back as a contract employee, telecommuting from Puna, (Analyst/Programming for a utility, No Cal). So on that front I'm doing very well... I see no signs of job loss here or credit pull backs, here...
And the way I see it unbridled, unregulated, capitalistic greed has created and caused what's happened... But, I do know that I don't know enough to venture a guess on the future or a fix...
My 401k lost 22% this year, and even though I moved all the money into the safest bonds I could find, about a month ago, it's still going down... The bonds are losing money...
I'm retiring and they're hiring me back as a contract employee, telecommuting from Puna, (Analyst/Programming for a utility, No Cal). So on that front I'm doing very well... I see no signs of job loss here or credit pull backs, here...
And the way I see it unbridled, unregulated, capitalistic greed has created and caused what's happened... But, I do know that I don't know enough to venture a guess on the future or a fix...