Thursday, January 24, 2008

Crazy Market…

There has been a lot of talk about a recession. A Recession is two consecutive quarters of the US economy slowing down. Thankfully the market rebounded yesterday. I guess I am not too troubled because at 30, I am in it for the long haul. The only thing that is truly bugging me is that I have been hovering around the $28k mark for my 401k despite my monthly contributions because of the massive fluctuations. It was my goal to reach $30k by the end of 2007 so to see myself down to $27k makes me a little peeved but I have to keep thinking long-term.

I made it through my second volunteer class for Junior Achievement. Yesterday, we discussed the decision making process and how decisions have either positive or negative consequences. The teacher was unexpectedly absent but the children still behaved pretty well and I was pleased with the lesson.

I am still battling my cold and everyone at work says I sound horrible. Ordinarily, I would stay home and not risk getting anyone else sick but we are swamped at work and still short-handed. Good news is that my second co-worker showed up yesterday and today and he looks better so perhaps he will be coming in more regularly. I know it’s been tough on him dealing with his ailing mother and his own personal health concerns. I am trying to suck it up and be understanding.

1 comment:

velvetjones said...

Did you hover at $28k for all of 2007? If so, maybe it's time to look at your allocations to make sure you 401k is aligned to your goals correctly.