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Re: Obamanation

By: killthecat in FFFT | Recommend this post (0)
Tue, 06 Aug 13 5:20 AM | 54 view(s)
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Msg. 54858 of 65535
(This msg. is a reply to 54854 by oldCADuser)

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Who has the rest of the $10,000,000,000,000.00

http://www2.ucsc.edu/whorulesamerica/power/wealth.html




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Re: Obamanation
By: oldCADuser
in FFFT
Tue, 06 Aug 13 2:02 AM
Msg. 54854 of 65535

My 401k is up 7.85% year-to-date, but you have to bear in mind that 39% of it is invested in money markets so it would have been much higher if I had NOT been moving some of my profits to a safer place these past few years as I approached retirement. Also about 10% is in bonds, which only leaves about half the total invested in equities.

As for my wife's 401k, which is nearly 95% equities (the total value of her account is only about 1/6 of mine so we've always played it more aggressively), it's up 13.47% year-to-date.

Add on to that the better than 15% that the value of our house has gone up (according to Zillow.com) since January and I'd have to say that we're doing fairly well during this so-called 'Obama recovery' Wink


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