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31 cents and -6.5%

October 18th, 2008 at 05:26 am

Saving log - $0 tip box
Spending log - $10 lunch

My $4000 in this week's monthly T-bill has earned me a grand total of 31 cents. I don't know whether, again, everyone's fleeing to safety from stocks from last week, or will be fleeing stocks next week. All I know is that this month I can do better by sticking the money in my mattress and hunt for sidewalk change. There's only one flaw in the plan - its fall, and its dark during my walk. Hard to spot those little metal circles in the dark.

I opened up the envelope containing my 403B results. As of Sept 30, I lost 6.5%. Well done, baselle.

Posted in Workplace, Fixed Income | 4 Comments »

4 Responses to “31 cents and -6.5%”

  1. frugaltexan75 Says:
    October 18th, 2008 at 02:53 pm 1224341582
    1224341582

    Keep the faith. It will get better, it'll just take time and patience. (Say Miss Pollyanna who has lost over 45% of retirement funds the last time she checked them.)

  2. scfr Says:
    October 18th, 2008 at 11:18 pm 1224371891
    1224371891

    Oh, boy ... sorry.

  3. baselle Says:
    October 19th, 2008 at 06:33 am 1224398029
    1224398029

    Ouch, Laura. I feel for you! I know it will get better - these days one can't whine if one isn't losing money. For giggles and grins, I might sidewalk hunt for small change just to demonstrate how disappointing interest rates are.

  4. frugaltexan75 Says:
    October 19th, 2008 at 11:46 pm 1224460003
    1224460003

    Thanks guys. A large part of what I've lost is in my 403b account which isn't having any money put back into it now (it was my teacher retirement account).

    I just have to hope that what "they" say will ring true and in the next 25 - 30 years I'll get my value back plus some.

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