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February 2009

Stock Market

A quick little post. I am sure that many of you are in the same boat as I am and you have watched over the last roughly eight to ten months as your 401K has lost an average of 30% of its value. Or in another way of thinking as the one 401K is relatively new, I have had a net gain of 0% despite a pretty decent amount going into the 401K along with a healthy company match. As you are seeing the decline of your holdings, you are thinking that the stock market is the absolute last place to be putting any additional moneys at this point. I think that is the wrong move at this point, and I am even thankful as an investing for the opportunity to purchase some additional stocks at bargain bin pricing.