"I mean, you only lost money vs. your coworker if you were to cash out right
now....right?"

If I cashed out now, I would lose money.  I'll be holding pat for a while.

Ironically, last week I sat down and calculated how much it would cost to
cash out my 401k's.  No real intention of doing it, but just curious.

If I would have cashed out last week, I would be ahead now even after taxes
and the early withdrawal penalty.

Just an interesting exercise.

J

-

Ninety percent of politicians give the other ten percent a bad reputation. -
Henry Kissinger

Politicians are people who, when they see light at the end of the tunnel, go
out and buy some more tunnel. - John Quinton



On Fri, Aug 5, 2011 at 11:50 AM, GMoney <[email protected]> wrote:

>
> On Fri, Aug 5, 2011 at 10:43 AM, Jerry Barnes <[email protected]> wrote:
>
> >
> > "I guess if you knew something ugly was coming, you could push your
> > allocation into safe zones for awhile."
> >
> > Right.  I kept telling myself all summer in 2008 to move my money.  I
> > didn't.  My coworker did.  My fault completely
> >
>
> yeah but...both you and your coworker will still be in hte market a year
> from now....5 years from now....20 years from now....and all those losses
> will theoretically have been nullified by then....so what's the real
> difference?
>
> I mean, you only lost money vs. your coworker if you were to cash out right
> now....right?
>
>
> 

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