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Stock Market. Should have listened to fortune cookie


Jon L

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 One of the smarter things we did during the huge crash in 2008 was to continue paying into our 401(k), because everything we bought that summer is worth almost three times more now.  

And, we didn't sell off any investments after the crash, so when the market recovered our money had doubled between 2008 and 2012 when we did sell to help pay for our first kid in college.  It still only brought us close to the 2007 value before the crash.  

It sucked to not earn anything between 2007 and 2012, but at least we didn't lose and actually had about $3K in capital gains from the time we started the fund in 2002 until we sold in 2012. ( we started at zero in 2002 and sold at $28,000 in 2012 )

Edited by HeadphoneAddict
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