Only good news: Oil is about 45% off its June peak.

I've stopped

I have too, especially after the last time you mentioned your 401, I checked mine and it was down a couple of hundred

I now have less in my 401 than was put in over the last five years.

lost more than she's put in it this year

good question.

taken a vow to ignore his 401k and investment accounts for the next year. it's a downturn; no point in obsessing about it.

would be a great time to start buying if I had any capital lying around.

I have capital lying around, but it's all in FDIC/SIPC ensured interest bearing accounts. I am NOT going out there.

because you're a glutton for punishment?

because soon the bargain hunters are going to decide that the market's fallen far enough, swoop in and make a killing. buy low, sell high.

however, wnalyd is absolutely right: if your capital is tied up in insured accounts, keep it there until they've sorted it out.

No one's really sure when it will hit bottom, though. The bottom may be 2000 Dow points from here, another 25% off.