Many of us have been employing the Sticking of Fingers Into Ears Yelling "La La La! I can't hear you!" in regards to our investments. I decided to take my lashings this morning and look at my 401k accounts because I hadn't even peeked at them since early September, and, apparently, I have a need to feel self-inflicted pain.
Boy, did I get spanked. Hard. My smaller account which is my current job's plan where I contribute 8%, lost 43% this year. It's hard to say how much actual money that is since I keep putting more in every paycheck. But that percentage leads me to believe it's somewhere in the 6-8 thousand dollar range. The other one, while it lost less percentage-wise, was the real slap in the face. It lost 36%, but since it's from my last job and I don't contribute anymore, I know exactly how much money has been lost and it's over $9000. I am thankful that I'm not retiring soon, I have time. It's not the end of the world, but HOLY MOLY, 15 grand is a lot of money to me. Like a truckload - like, could pay off the last of my student loans, the car loan, and then have lots left over.
And in less-than-stellar news, my company is now in a hiring freeze. As of today. This is not exactly shocking, however, it confirms some of my recent anxiety about the security of my job. Worrying about my job is a regular thing; I'm always thinking I'm going to get laid off (since I was laid off twice during the last recession - it's like a Pavlovian response), so I was trying to tell myself that I'm probably just being fatalistic. But now I think I'm being somewhat realistic. Unfortunately. I know that this, too, shall pass. I just wish I knew when. I'm really trying to fight the worry that serves me no good because I don't want it to result in some kind of self-fulfilling prophesy. If I put out too much negativity into the universe, it's bound to come back to me. Perhaps I will put it out there, just say it out loud into the ether, that I'd like to keep this job that I enjoy with people I truly enjoy working with and perhaps it just may come true.