Retirement NestEgg Report – May 2006
Well this is the first months since I started tracking my retirement accounts that I actually had a net loss for the month. Overall my accounts decreased in value over $800 for over a 2% loss. It would have been much worse if I had not have had $1154 in new contributions added via my 401k this month. So in essense the value of my stocks went down over $2000 in a single month. This goes to show you that the stock market is too risky of a place for your money and I am going to sell all of my stocks and stick my money in something safe like a money market account …