If you were down 5 percent, then you're doing about 35 percent better than many of the rest of us.
My 401k has taken a pretty big hit, but I'm not worried about that. In fact, since I'm still actively buying through the account and retirement is about 10 years out for me, I'm fine with the drop. In the long run it'll be a good thing.
That's the good news.
The bad: It's death by 1,000 cuts where I work, with 10 more people laid off just yesterday. Frankly, we're so thin now there's little incentive anymore for me to bail faster, cause it's pretty apparent the boat is sinking and I could easily be the next one tossed over the side.
I have about enough cash to carry me for a year, but much of it is locked up in a CD until January, and I'm even nervous about that.
It's grim, basically, and I'm just hanging on knowing full well the ax could fall at any time. Actively looking for another job in another industry at my age isn't a happy prospect, especially in this job market.
So .... paper or plastic?