The Past 2-1/2 Years
I just noticed a few minutes ago that my 401k had reached an all time high as far it’s total value!
For a few moments I felt pretty good about things, until it sank in that the previous all time high had been back in October, 2007. :-/
Then I realized what this really meant… in the last two and a half years I have put only a couple of dollars more into my account than it has lost…. which is roughly 20% of its entire value. I took two and a half years of saving and flushed them down into the sewers of Wall St.
Purely by coincidence, I’m sure, 2-1/2 years is the same amount of time my house has been on the market.
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