I recently opened my end-of-year 401(k) statement that was mailed to me. I looked at it, and, like most individuals in recent months, felt my heart stop momentarily. Yes, it's an ugly scene for investors out there; open statements with caution.
So as is customary, I set it aside on my desk to file it away for future reference.
Today, I went to pick it up to file it and noticed that my cat also had reviewed this 401(k) update. I could tell because there was a gigantic, mushy hairball on it. I promptly filed that in the circular bin, which is what I should have done in the first place. Perhaps we don't give cats enough credit for their investing skills...
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