NSTG8R
Elio Addict
There's people I work with that give themselves ulcers every day watching the market like a hawk. As a rule, I'll check my 401k performance a couple times a month and adjust, or not...usually not, if a fund is not living up to expectations. Basically an even division between 4 funds and company stock. On the third day back to work this year the entire market was taking a dump (60k+ paper loss in three days) and I started getting that "2008" sinking feeling, so I took EVERYTHING and dropped it into a bond fund...something I've NEVER done before. Rough estimates based on the performance of the funds I was in, I prevented a 200k loss (again...on paper). Now that things are 'appearing' to stabilize, I'm considering redistributing the funds and increasing my contribution back to 25% (max).
I guess my long winded point is that when I originally purchased my Elio shares it was with the intent of hanging onto them, without consideration of selling them until I retired. Like my 401k, it's 'play money' in my mind until I retire. Minimum 5 years until that's even an option, so I try to not make myself sick thinking about it in the meantime.
I guess my long winded point is that when I originally purchased my Elio shares it was with the intent of hanging onto them, without consideration of selling them until I retired. Like my 401k, it's 'play money' in my mind until I retire. Minimum 5 years until that's even an option, so I try to not make myself sick thinking about it in the meantime.
