Pfiefest,
OMG!!! I know what you're talking about!! When I looked at my 3rd quarter 401K statement I almost had the big one!!! And then there was my husband's and then I have an IRA from a 401K at another place I worked. I did the math to see how much we lost this year. Ouch!<font color="ff0000">•</font><font color="ff0000">•</font><font color="ff0000">•</font><font color="ff0000">•</font><font color="ff0000">•</font><font color="ff0000">•</font> made me sick to my stomach!
My financial planner told me that if we could afford it to up our percentage of putting into our plans because when the market turns around it will be just the opposite and we have the potential of making up what we lost and then some. Now, I don't know enough about all of this, but what if the market just totally tanks??? Then what?? There won't be any money in there to make money off of???
Scary stuff!!