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| CentralCoaster | Money contest... | ||
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Senior Guru
 
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I figured with the economy failing as bad as it is, we can have a friendly competition.
My 401K lost 24.2% in the last year, and my house lost 21% value (per zillow.com). Ok now, who's got me beat? |
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Posted on: 2008/10/7 4:21
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1985 Z51, ZF6 |
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| bogus | Re: Money contest... | ||
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Grand Imperial Pooh-Bah
 
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I went to dinner with $38.00 in my pocket.
I now have $0.43 left. Beat that. |
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Posted on: 2008/10/7 4:27
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The single biggest problem with communication is the illusion that it has taken place. - George Bernard Shaw Education is the best tool to overcome irrational fear. - me |
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| cuisinartvette | Re: Money contest... | ||
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Elite Guru
 
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At least youre working.
racked up over 20k in debt since Jan and counting. |
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Posted on: 2008/10/7 5:11
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| Calm | Re: Money contest... | ||
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Senior Guru
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I lost my $105,000 job this morning DIRECTLY because my company's bank is holding off financing our continuing projects (I'm a Construction Site Superintendant for a condo development firm.) That may or may not equal 24.2% of your 401......but still.
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Posted on: 2008/10/7 5:41
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1995 Forged 385 ZF6 227/234 1.6 FIC30# MSD BBK SS SLP Bullets X-Pipe DynoMax |
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| TommyT-Bone | Re: Money contest... | ||
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Chair-man of the bored
 
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Forget about counting your losses. Count your blessings.
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Posted on: 2008/10/7 11:00
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| Matatk | Re: Money contest... | ||
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Webmaster
 
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Quote:
Fixed it for ya! My strategy for not losing money in the stock market is simple: I'm poor, so I don't put any money in the stock market. Matthew |
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Posted on: 2008/10/7 11:39
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2002 EBM convertible, Magnusson supercharger, cam, headers, etc. 1989 Corvette...RIP |
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| biggrizzly | Re: Money contest... | ||
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2011 Memorial Day Car Show Winner!
 
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I went to Zillow.com, pretty cool site. I found my house. It says mine went down $7,000 last month! ouch!!!
My House Hope we see some good stuff happening soon!! EDIT: Actually I made a mistake.. a good one. It says my house went back up $7,000 over the past 30 days! Awesome! Now I'm happy again. |
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Posted on: 2008/10/7 12:30
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Don Haller Corvette Club of America 94Coupe, 383Stroka, PeteK Trans, 3000stall, 3.54rear, Konis and bigger sways. |
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| red_johnny | Re: Money contest... | ||
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On Sabbatical
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That site is showing my house which appraised for 130K less than a year ago at 94K. BUT its also showing the wrong square footage. Its off 500 SQFT!! EDIT: I made some honest adjustments (I did alot work myself so I guessed at what it would have cost me if I paid someone)
http://www.zillow.com/homedetails/186 ... ta-GA-30904/14960991_zpid |
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Posted on: 2008/10/7 13:03
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| BillH | Re: Money contest... | ||
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The Stig Moderator
 
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My house is down $120k in the last 2 years.
I've been following Zillow for 3 years. A lot of times they're not very accurate. Back when houses were selling, they were sometimes $100k off what a house sold for here. If you want to take a look at others: eppraisal.com homegain.com realestate.yahoo.com But they're just a accurate as Zillow. |
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Posted on: 2008/10/7 14:06
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Every man dies but not every man lives. |
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| bogus | Re: Money contest... | ||
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Grand Imperial Pooh-Bah
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Quote:
I feel it, brother.... been there, done that. When I moved out here, I was out of work for 15 months. It was a literal disaster that saved our bacon - Katrina. I interviewed... then would never hear back... ever... nada... it was a black hole. I would contact the head hunters and they acted like they didn't care anymore... well, I don't think it was acting. The entire experience was very depressing. My favourite was a programming job with the courts... yea... mainframe, something called "ADABAS/Natural." I have 8 years of criminal justice information experience... and 15 years of ADABAS/Natural... and those people never even called. THAT hurt. I really wish you the best, Ron. I do. Something good will break. The economy is under stress, crime rates will go up and they will need more people like you. |
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Posted on: 2008/10/7 14:14
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The single biggest problem with communication is the illusion that it has taken place. - George Bernard Shaw Education is the best tool to overcome irrational fear. - me |
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| bogus | Re: Money contest... | ||
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Grand Imperial Pooh-Bah
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Quote:
The housing market is going to get crushed right now. I am sorry you are getting crushed with it. I am sure with your management experience, something good will happen. Keep the faith!!! I know it's tough... been there... but as bad is it gets, it can only get better. As I said in the post above, I was out of work for 15 months. That was rough... and at times depressing as hell, but I kept a positive attitude... the economy here in 2000 through 2005 was horrible for computer related positions. I didn't know that until AFTER I moved!!! This is what I should have done, really, taken advantage of job retraining programs. I didn't do that... I would check into non-computer jobs and they wouldn't call me back, either. The bottom line? The perception that IT is a cash cow and that either I am really an idiot and can't get a job or, simply having a hard time and as soon as I get one, I would be gone. Little did they know...  I now have a great gig, in IT and wouldn't trade it... but then?? |
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Posted on: 2008/10/7 14:22
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The single biggest problem with communication is the illusion that it has taken place. - George Bernard Shaw Education is the best tool to overcome irrational fear. - me |
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| CentralCoaster | Re: Money contest... | ||
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Senior Guru
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Quote:
Who, the criminals, or the corrections? |
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Posted on: 2008/10/7 14:23
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1985 Z51, ZF6 |
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| bogus | Re: Money contest... | ||
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Grand Imperial Pooh-Bah
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I was being positive - Corrections.
I was just reading where some guy in Porter Ranch (north L.A.), killed his family and himself because he was broke. How tragic. |
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Posted on: 2008/10/7 14:35
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The single biggest problem with communication is the illusion that it has taken place. - George Bernard Shaw Education is the best tool to overcome irrational fear. - me |
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| CSS996 | Re: Money contest... | ||
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Mega Guru
 
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I have everything I need, and much more.
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Posted on: 2008/10/7 14:43
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Currently "Between Vettes". 
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| CentralCoaster | Re: Money contest... | ||
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Senior Guru
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Fixed it for you. The investigators said some of the victims weren't identifiable. |
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Posted on: 2008/10/7 14:46
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1985 Z51, ZF6 |
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| cuisinartvette | Re: Money contest... | ||
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Elite Guru
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[QUOTE]The entire experience was very depressing.[/QUOTE]
You start doubting yourself for sure.Its a confidence killer no doubt. |
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Posted on: 2008/10/7 14:47
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| BrianCunningham | Re: Money contest... | ||
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Senior Guru
 
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No contracts since I left Lycoming.
Everyone's waiting to see what's going on with the economy I guess. |
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Posted on: 2008/10/7 21:29
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Polo Green 95 LT1 6-spd http://mysite.verizon.net/vzevcp74/ 383 LT1/Vortech Supercharger/AFR heads/Rod end suspension/Penske-Hardbar dual rate coilovers/Wilwood 6pot brakes NCCC Governor: http://BayStateCorvetteClub.com |
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| Notorious | Re: Money contest... | ||
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Elite Guru
 
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I won't even look at the numbers because it's irrelevant at this point. But after another shitty day on Wall St., no matter how much I was down before, I'm down some more now. I wish I'd have gotten out of stocks a year ago. No choice now but to ride it out.
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Posted on: 2008/10/7 21:38
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I hate sporks... |
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| CentralCoaster | Re: Money contest... | ||
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Senior Guru
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That's right, "Stay the course".
 Actually, it's never too late to cut your losses. Staying in the game just helps everyone else bailing out to a bite of your piece of the pie. |
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Posted on: 2008/10/7 22:12
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1985 Z51, ZF6 |
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| Matatk | Re: Money contest... | ||
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Webmaster
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Quote:
But for how long is the question, now. Somewhat related - did you see that the FDIC changed their deposit guidelines until the end of 2009 to insure $250,000? I was talking to a teller at the bank today. Apparently it's to keep the older folks from withdrawing their money (think Great Depression). Matthew |
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Posted on: 2008/10/7 22:28
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2002 EBM convertible, Magnusson supercharger, cam, headers, etc. 1989 Corvette...RIP |
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| CentralCoaster | Re: Money contest... | ||
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Senior Guru
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There are some savings accounts out there paying 3.75% annual yields.
The stock market lost that much alone today. And yesterday too. |
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Posted on: 2008/10/7 22:39
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1985 Z51, ZF6 |
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| bogus | Re: Money contest... | ||
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Grand Imperial Pooh-Bah
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Quote:
When did you win the lotto? |
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Posted on: 2008/10/8 5:12
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_________________
The single biggest problem with communication is the illusion that it has taken place. - George Bernard Shaw Education is the best tool to overcome irrational fear. - me |
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| bogus | Re: Money contest... | ||
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Grand Imperial Pooh-Bah
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Quote:
I see a run on Serta Matresses... |
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Posted on: 2008/10/8 5:13
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_________________
The single biggest problem with communication is the illusion that it has taken place. - George Bernard Shaw Education is the best tool to overcome irrational fear. - me |
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