USD hits INR 52 and now sliding back

USD to INR was as high as INR 52. After $1 trillion plan from Federal Reserve Bank USD is loosing its strength in global market.

One interesting thing: In last one year USD has gain 25% against INR. USDINR where as S&P 500 has lost 41%. So your actual loss in INR will be 16% only.

Put Your 401k Back to Work

Some useful and useless advice on Yahoo Finance:

My retirement portfolio fell 35% last year. How long will it take for it to recover?

Unfortunately, it could take years. Let's assume you had a portfolio of $250,000 that fell 35%, to $162,500. If you don't add anything and earn pretax annual returns of 5% -- about half of the stock market's long-term rate of return -- it would take more than nine years for your account to recover, according to calculations by T. Rowe Price. However, if you add $4,000 a year and your investments earn 5% annually, your account would rebound to about $250,000 in six and a half years. Higher investment returns and larger contributions would produce faster results and a bigger nest egg.

Tax Refund

Did you file your taxes yet ? If yes did you receive any refund? Do not get excited if you receive refund on filing your taxes. It only means that YOU GAVE INTEREST FREE MONEY TO GOVERNMENT. Go back and check your W-4. Make sure that your W-4 deductions are up to date for current financial year.
From April 1, tax rates are changing. Make sure that you are taking advantage of new tax rates which are due to Obama's Stimulus Plan.