My Misty Assests
From my paychecks between July 1, 2008 and September 30, 2008, I made contributions to my 401(k) Plan totaling $830.76.
During that same time period, my balance suffered a loss of $967.80 (11.5% of my previous account balance).
I am reminded of the warning in the book of James, which reads:
"Come now, you who say, Today or tomorrow we will go into such and such a town and spend a year there and trade and make a profit, yet you do not know what tomorrow will bring. What is your life? For you are a mist that appears for a little time and then vanishes. Instead you ought to say, If the Lord wills, we will live and do this or that. As it is, you boast in your arrogance. All such boasting is evil." - James 4.13-16
Thursday, October 16, 2008
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