bailing doesn’t work when the pail is broken
Well with this rejection of the bailout by Congress and the resulting 500 point drop in the Dow, I figured it was time to check on how much damage was done to my IRA. I’ve been procrastinating on doing so. Why give myself bad news that I cannot change? I’d rather not know. I live a lot of my life that way. It’s usually a pretty pleasant way of existing.
Come to find out, it only lost about $20,000. I am surprised as I was sure it would be more. That isn’t a whole lot, percentage-wise.
Still, hopefully it will come back up by the time I’m ready for AARP. It’s just paper money, right? It’s not like I was living on it or something. And if I died tomorrow, I’d get no use out of it anyway. If I had never put it in that account, it would be long gone by now. I would have “lost” the $20K a long time ago. So really, I’m making the difference between $20K and the total by having it in the first place? Right?
Feel free to leave inspirational words of wisdom to help make me less sick/disgusted/annoyed about this.
I really could have used a government bailout when I was poor and eating pickle sandwiches, plain, for weeks on end. Pickle sandwiches are actually quite good but not when there is no other choice.