Where we're at:
dow: 9478
s&p: 1024.38
10yr: 3.18%
VIX: 28.27
s&p P/E: 18.31
equity: 34.6
bonds: 31.9
cash: 33.5
1 yr: 1.79%
When this was written, our 1 year performance turned positive, however; the market has been down 6 of the last 7 days, so it won't last. Spouse ends a 17+ yr run at old co. today and starts new job on Monday. So today we are packing up her "office" so she can take it back and finish her day out. She is excited about her new position and it sounds like a good fit, so I am optimistic.
I am finishing week 4 of my furlough and have been fairly productive. I spent most of the week learning a new Oracle dev tool (APEX). The rumor mill says that we will learn about the next set of IT layoffs on 10/9. My gut still says I'll make it. I hope so, I'd like to spend a little money again around the house.
I found out today that her 401(k) provider takes a 1% yearly fee to administer the account. In the past they have been able to "hide" the fee in the account gains. That's been hard to do since the market has performed poorly the last two years. So we made the decision to rollover her account to another provider.
Friday, October 02, 2009
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