Orchidflower
Thinks s/he gets paid by the post
- Joined
- Mar 10, 2007
- Messages
- 3,323
The mutual funds were left in their normal account with a brokerage firm--although we have lost some money, of course, as expected (13.25% loss from the 3 year high--plus the 4% I am adding in for inflation for the past 3 years = 12% totaling 25.25% I figure I lost overall that I normally would have made minimally).
Since they have not been pulled out so far, would you suggest just leaving them in until they turn around again?
And has anyone read when the turnaround is expected to come or is this still up in the air? All I have read is 2009 is supposed to be rough like now, but I haven't read when there is to be an upswing in all this gloom.
I have not been keeping up with all this due to one major tragedy after another here the last 4 months, so I am totally behind the eight ball with my financial reading. Hopefully, all will stay calm for, at least, another 6 months (I hope), and I can play catch-up.
Since they have not been pulled out so far, would you suggest just leaving them in until they turn around again?
And has anyone read when the turnaround is expected to come or is this still up in the air? All I have read is 2009 is supposed to be rough like now, but I haven't read when there is to be an upswing in all this gloom.
I have not been keeping up with all this due to one major tragedy after another here the last 4 months, so I am totally behind the eight ball with my financial reading. Hopefully, all will stay calm for, at least, another 6 months (I hope), and I can play catch-up.