The Stock Market

I cannot bring myself to look at my retirement account statements. I am one of those people that obediently put my money away, but was never very sure of whether I was well-invested in the right stocks and whathaveyou.

But it's hard to avoid some information and it's enough to scare the bejeezus out of me--someone who has another 30+ years until retirement. I cannot imagine how anyone in their 50s or 60s who planned well feels right now.

As an example of what I am referring to (assuming you're like me and have avoided the financial stories out of confusion, fear and avoidance of feeling completely ignorant):

GM stock is down from $40/sh last year to $5.50 today.
Last year, Apple was at $167. Today: $89.

Today's chart for Citibank stock looks like this:


*GULP*