sigh…

I received a quarterly statement for one of my 401Ks today. After sighing when seeing how much my account has depreciated, again, I began to peruse the slick, brightly colored newsletter that accompanied my statement. The front page story featured a story about bull and bear markets, advising investors not to worry, that there have been worse markets than the current one. The example given was the bear market of 1929-32. Considering that the one example they cite is known in history as The Great Depression doesn’t comfort me.