Stocks

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Before today, the last time I looked at our little portfolio, it was a fraction of what it once was. That was maybe a month ago. Today it is 48% of what it was then.

& a third of what is left is profits made on trades this year.

[jericap Super Moderator Find all posts View Profile Close jericap]

I'm not looking at mine until next year...

[The Conch Man Past Goumba President & BigFrank's Cigar Buddy! Find all posts View Profile Close The Conch Man]

I posted bout a little over month ago to get out of the market! Back in 1987 when this 1st happen we lost money as well but recovered most of it then sold, never again did we go back, invested the money in our 401k from our jobs & made a bundel over the years!

[Ryne08 Senior Member Find all posts View Profile Close Ryne08]

Is this still a paper loss ?

[pranas Senior Member Find all posts View Profile Close pranas]

I posted bout a little over month ago to get out of the market! Back in 1987 when this 1st happen we lost money as well but recovered most of it then sold, never again did we go back, invested the money in our 401k from our jobs & made a bundel over the years!

Does this mean that your 401K is invested in fixed and bond funds? My 403K is down 40% in past two months but part of it is stock funds.

[The Conch Man Past Goumba President & BigFrank's Cigar Buddy! Find all posts View Profile Close The Conch Man]

Yes, that is carrect Pranas, Government Bonds. We have mad over $2,500 interest "Tax Free" this year with two months remaining. At the end of August was a good month as was previous months for this year & September thru October, a very little drop of $7.00 less, not to bad concidering these past two months. We usually receive over $3,000 per year in tax free interest on our earnings.

Does this mean that your 401K is invested in fixed and bond funds?

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Our other $2 is in CDs and zero coupon Treasury strips. When the first big dip happened, the strips jumped up, but returned quickly. Since they are tied to interest rates, the stock market does not move them much.

&, since the strips are paying higher than the current interest rates, their current market price is subdued.

Since the bulk of them are Roths, the interest earned on them is also tax-free.

[Ryne08 Senior Member Find all posts View Profile Close Ryne08]

Yes, that is carrect Pranas, Government Bonds. We have mad over $2,500 interest "Tax Free" this year with two months remaining. At the end of August was a good month as was previous months for this year & September thru October, a very little drop of $7.00 less, not to bad concidering these past two months. We usually receive over $3,000 per year in tax free interest on our earnings.

Do you have "Tax Free" bonds in your portfolio. This is great way to made some money in this market.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

I had some municipal bonds last year and they turned out not to be "tax free". I have been inspired to plan ahead for this year's return.

[The Conch Man Past Goumba President & BigFrank's Cigar Buddy! Find all posts View Profile Close The Conch Man]

Our 401k is with the Federal side of the house, its called the "G" Fund & only deals with Government Bonds, nothing else, so to answer your question, it doesn't matter, our G Fund is "Tax Free" dollars until you make a withdrawal after 59 & a half, partcial or full or at 70 years old when you have to start taking the money out by full withdrawal or monthly.

Do you have "Tax Free" bonds in your portfolio. This is great way to made some money in this market.