Mine is down27% since Jan 1st. It had peaked the last quarter of last year. Like you alot of it is employer contributions, and I always put in 10% of my earning. I am uneasy about what is going on, not so much about the 401k money, that will over time balance out. What I am fearful of is a collapsing economy to an extent that very few of us can imagine. We all live so lavishly that we cant even comprehend how we may have to change to survive like they did in the dustbowl/great depression days.At least back then there were more families that farmed and that kept alot of people working and prospering when things started rolling again. Today a very small percentage of people are farmers, most are unskilled labor that wont be able to get a job when the few manufacturing jobs we have start going belly up.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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