Tucson AZ Real Estate Blogger Helps Save the Economy
I am a blogger, I blog about Tucson, specifically about Tucson AZ Real Estate. But that’s not all I do. Today I’m going to let you in on a little secret. A secret I discovered quite by accident.
Stepping back in time almost two years now . . .
When I left my last corporate desk job to take the one I have now which is the, “honey I need you to do this desk job” I received a letter in the mail stating that I had these 401K funds I could no longer keep in the account on account I didn’t work there anymore. I had to find a new account.
If you didn’t know this before it turns out I’m more a computer geek than a financial wizard so I found a guy that works at Home Depot who used to work for a company that could “invest” these funds for me. Sure why not.
Back to the present
This account sits there for almost two years I don’t have a clue what it is doing or not doing. In January I take a two day seminar on “Investing in the Stock Market” All fired up from this I find out I can take charge of my account and move it between a number of available funds.
Now I was cooking. After two years of sitting in this fund it was almost worth as much as when I opened it minus a couple hundred bucks. Not bad I figure, I’ve only lost a couple hundred letting it ride.
I get on the phone and on line and set up online trading so I can move the funds when I want. The only catch, it won’t actually move until the end of trading on the following business day. Hey no big deal I have a crystal ball, right!
I moved the funds to another fund that is going better and not so volatile. Then the inevitable happened “I couldn’t remember my login and password” Actually it was worse than that, I couldn’t even remember the web address where my login and password were. After a couple of months a statement arrived in the mail and there was the company name and website Yeah! I logged in. WOW I had actually made about two thousand dollars. Not bad.
Be patient I’m getting to how I saved the Economy Today no less.
Now I had the web site and was ready to move. I thought it was high enough and would drop so I moved to the money market account. It went UP. I waited for it to come down. Eventually it came down. I moved back in IT WENT DOWN FURTHER. After a couple of cycles like this I learned the secret. My account was some how tied to the stock market. If I got out it went UP, If I got in it went DOWN. All last week I stayed in. I wasn’t going to panic. I stayed in all this week thinking someone would do something, Banks, Federal Reserve, The Government, well at least the Federal Reserve. NOTHING! It dropped like a rock again yesterday.
I thought a lot about this all day yesterday after the market closed. Late last night I decided I couldn’t wait for someone else to do something. I went to the computer, logged into my account and moved every penny out of the stock market.
I could finally sleep last night. I had done something for the nation. I had pushed the secret button that signaled the stock market just as it had done many times before.
IT WORKED, YEAH, IT WORKED. The Dow Jones Industrial Average closed up 233.30.
I know there are some skeptics out there, some who think the Federal Reserve lowing the discount rate 1/2 a point did it. HA! I say, and why do you think they lowered it?
Because I pushed the secret BUTTON! that’s WHY.
Want more confirmation? Here it is. If you add up the numbers 233.30 that is 11. 2+3+3+3=11. There are exactly 11 characters in my name. 5 in the first name 1 middle initial 5 in my last name 5+1+5=11.
That’s it, Today a Tucson AZ Real Estate Blogger helped save the economy. I hope everyone sleeps better tonight. Have a great weekend.
Technorati Tags: 401k funds, federal reserve reduces discount rate, investing in the stock market, Tucson AZ Real Estate[where: 85737]


I like your investing, Dave!;-) It’s worse than mine!;-) Buy, hey, you made 2K…;-) You shouldn’t play with funds like this in panic mode, though. If you have at least 10 years ahead before you plan to use the money, leave them alone. They’ll figure something out - print more money, bully somebody, invade somebody…
I had my 401K in a money-market account for a long time. It was doing nothing, nada, zilch… until I got tired of it and decided to do SOMETHING. As soon as I purchased my funds (around May of last year), everything started dropping like rocks. Shortly thereafter I started reading that cash is no longer trash. Hey, I had it in money-market when it was trash and went shopping for funds when it’s not. Can’t beat it. After dropping quite a bit, they started going up and now… we all know about now… The thing is that diversification seems to be total BS nowadays. We’re one global village - the foreign funds go up and down perfectly aligned with the domestic ones. Same with large caps and mid caps. And I bought a house in 2005 (I’m out of it, but how is it for luck), and I have a contract on a new one now that everything’s going to the hot place… Sometimes I start wondering if I have some Irish blood I don’t know about.:-(
It makes perfect sense to me. I’m glad to know the secret button is in good hands.
Linda,
It is actually pretty scary having this much control and knowing I always lose, but somebody has to do it. : )