re: #326 Timothy Watson
In one day, went from a 5.8% rate of return on my 401(k) this year to 0.9%.
Ouch.
My wife lost most of her retirement fund from Digital Equipment when HP wound up with the company, and HP spun off the retirement fund to private banking just in time for the banking crash. She went from $250,000 to $30,000 in the space of a few short weeks. It took her several more years to pry the remaining money from the large bank that held it.
Whatโs left is in our small-town agricultural bank, in an IRA. I feel for you.