Money doesn't buy happiness. I agree with this statement, however, I also believe that money does buy comfort. As of right now, I am becoming increasingly uncomfortable. I worked hard in highschool and made a pretty large amount in highschool from my landscaping business. However I have become increasingly lax on spending and am now afraid that I may have to take student loans.
The biggest reason for this is my investment accounts. My portfolio is down about 35% this year. Although it has outperformed the market, it is still causing a lot of stress. In reality, my picks havent been to bad, my portfolio is just significantly being weighed down by Citigroup. Citigroup's year high was around $50.00. I bought in at $19.00, thinking there wasn't a chance it could go lower. Well, now citigroup is fluctuating at around $3.00 a share. It is scary, but at least I am not like my former coworkers who had a majority of their 401k in citigroup. One of my co-workers has lost close to $500,000. That is crazy.
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