Friday, January 18, 2008

Mayhem in the stock markets

I have not been able to bring myself to look at my retirement investments since the stock market plunge started earlier this month. I know my net worth is going to take a major hit. Fortunately, my time horizon for retirement is several decades away. I do feel for those folks who will be retiring in the near term. The recent market volatility is not a good thing for them.

On the bright side, I will be able to buy more shares of my mutual funds with the lower prices. It is just hard to see my hard earned savings take such a big hit.

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