How is everyone's 401k doing?

[Darkstar]

@bics56

Maybe not right now is THE best time, but in the future it is. I do not think just b/c I have a degree I know everything. I did learn a lot about the history of the market and when to invest and when to sell. I do not currently work in that field of finance, but my wife does. She has for 8 years and understands the market better than me and a lot of other people. We were out yesterday with one of her bosses who is very successful and were talking about the current situation. To sum it up yeas the market is going to get worse, but in the near future it will be a good time to buy.

I am not saying to blindly throw money into the market, you have to know where to invest and when…that is why it is best to let the people who know what they are doing help you make that decision.

guys like Morgan Stanley, Citigroup and Merril Lynch that all together lost about 100 Billion in the subprime market?

no one is an expert in this field. It’s all so unpredictable. Maybe Warren Buffet. lol.

But the point is, WHY, in the name of christ, would you want to buy a stock that you know is instantly going to drop like a rock?