So, you know I'm a Google addict, right? I have Gmail, Google Reader, 11 Google Calendars (I am running out of colors!) , I use Google Documents, my photos are in Picasa which is a Google partner or something, I recently got all excited about Google Books.... Anyway, I discovered Google Finance recently, and so, with the help of Grandpa Bob, I put in all of our Roth IRAs and SIMPLE IRAs and the kids' 529 college accounts....
And now every day I check to see "how we're doing" and we've lost like $300 since I put them in on Thursday night. Friday was a really bad day. We only lost $15 yesterday, and that was a good day.
How depressing is that?? It's not like we had a whole heck of a lot to begin with, but come on!
BJ takes the long view - he says it'll be at least 16 years before we have to pull anything out, and the market will go up and down and up and down and (hopefully) up again before then. I'm sure that's true. However, I'm starting to wish that we'd put the 529s in Euros or something.
It just proves my theory, that the stock market is a way for very wealthy people to separate the rest of us from our money. Much more of this and the kids are going to have to go to DeVry instead of DePauw, or Lincoln Tech instead of Lincoln University.
How's the economy affecting you?