Three months I mentioned in the post Mr. Financial Planner – Go Home and Get Your Shine Box! how 100% of my company-managed 401K was in the Fixed Income fund.

The statement lists the returns for all the investment options I had at my disposal. My Cash Fixed Fund earned just a 0.97% return. But that was enough to make it the best performing fund on the list. Every other fund lost money. All the stock funds lost between 8% and 17% during that same time period. All the bond funds lost money too. So did the packaged allocations, including the Conservative option which lost over 3%.

My latest statement once again shows that almost all the funds lost money except the Fixed Income. In a bear market preservation of capital not appreciation of capital is your number one goal.