jeriendhal: (Default)
jeriendhal ([personal profile] jeriendhal) wrote2012-10-18 05:46 am
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This is why no one sane trusts the stock market

Got my 401k quarterly report from my old job, the one I haven't paid into for 6 years. After freefalling with the rest of the economy to $15k it's worked its way back up to a bit over $20k.

So the report this month tells me the portfolio's overall value has increased by over $800 this quarter from profits...

..while somehow losing over 3000 dollars.

HUH?