401k performance
03-19-2008, 01:29 PM
#1
Make MyTL Great Again
Thread Starter
401k performance
How is yours doing? Mine's down a good 10% so far this year.
That's including the $2700 I've contributed so far this year which hasn't helped.
That's including the $2700 I've contributed so far this year which hasn't helped.
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03-19-2008, 02:09 PM
#9
Bent = #1
Originally Posted by joerockt
Why's that?
Just taking a stab at this, but since prices have fallen the money you contribute now will get you more. This is if prices do not continue to drop.
03-19-2008, 02:12 PM
#10
Safety Car
Originally Posted by hornyleprechaun
Just taking a stab at this, but since prices have fallen the money you contribute now will get you more. This is if prices do not continue to drop.
03-19-2008, 02:15 PM
#11
Just dial 1911
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Originally Posted by hornyleprechaun
Just taking a stab at this, but since prices have fallen the money you contribute now will get you more. This is if prices do not continue to drop.
03-19-2008, 02:32 PM
#14
Just dial 1911
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Originally Posted by JediMindTricks
the idea is that you can buy more shares of x mutual fund or whatever's in your 401k at lower prices.
03-19-2008, 02:41 PM
#16
What Would Don Draper Do?
Originally Posted by joerockt
Right, see post #11...again...
but i guess some people will try to take advantage of prices continuing to decrease and hope it adds up over multiple pay periods.
03-19-2008, 02:43 PM
#17
Bent = #1
Day 1 Price = $15/share
Day 30 Price = $10/share
Day 60 Price = $5/share
Day 100 Price = $25/share
Let's say on Day 30 I contribute $500 & on Day 60 I contribute $500. I would have 150 shares for $1000 invested. On Day 100 my value is $3,750 for the 150 shares.
Let's say I don't invest on Day 30, and invest $1000 on Day 60. I would have 200 shares for $1000 invested. On Day 100 my value is $5000.
Scenario A Profit: $3,750 - $1,000 = $2,750
Scenario B Profit: $5,000 - $1,000 = $4,000
Day 30 Price = $10/share
Day 60 Price = $5/share
Day 100 Price = $25/share
Let's say on Day 30 I contribute $500 & on Day 60 I contribute $500. I would have 150 shares for $1000 invested. On Day 100 my value is $3,750 for the 150 shares.
Let's say I don't invest on Day 30, and invest $1000 on Day 60. I would have 200 shares for $1000 invested. On Day 100 my value is $5000.
Scenario A Profit: $3,750 - $1,000 = $2,750
Scenario B Profit: $5,000 - $1,000 = $4,000
03-19-2008, 02:52 PM
#18
Just dial 1911
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Originally Posted by hornyleprechaun
Day 1 Price = $15/share
Day 30 Price = $10/share
Day 60 Price = $5/share
Day 100 Price = $25/share
Let's say on Day 30 I contribute $500 & on Day 60 I contribute $500. I would have 150 shares for $1000 invested. On Day 100 my value is $3,750 for the 150 shares.
Let's say I don't invest on Day 30, and invest $1000 on Day 60. I would have 200 shares for $1000 invested. On Day 100 my value is $5000.
Scenario A Profit: $3,750 - $1,000 = $2,750
Scenario B Profit: $5,000 - $1,000 = $4,000
Day 30 Price = $10/share
Day 60 Price = $5/share
Day 100 Price = $25/share
Let's say on Day 30 I contribute $500 & on Day 60 I contribute $500. I would have 150 shares for $1000 invested. On Day 100 my value is $3,750 for the 150 shares.
Let's say I don't invest on Day 30, and invest $1000 on Day 60. I would have 200 shares for $1000 invested. On Day 100 my value is $5000.
Scenario A Profit: $3,750 - $1,000 = $2,750
Scenario B Profit: $5,000 - $1,000 = $4,000
03-19-2008, 02:54 PM
#19
is learning to moonwalk i
Originally Posted by Scooter
dollar cost averaging
Pumping more money in now isn't going to drastically change the you cost average, but it might just help.As for my 401k performance... let's just say
-6.94%
03-19-2008, 06:16 PM
#22
Safety Car
Originally Posted by joerockt
You talking about shares, I'm talking about mutual funds. The one's I have haven't lost anywhere near more then 50% like in your scenario. More like 5-3%. Anyway, my point is that I dont think its a significant jump for my to cut into my take home pay, personally, thus I don't see much of an advantage to buying more funds at a few dollars less then what they were...
a 401k is account is compounded for years and decades, so any savings you get get on shares will only positivly affect your account 30-40 years down the line
03-20-2008, 02:00 PM
#25
Make MyTL Great Again
Thread Starter
Originally Posted by Lister00169
-9.9% 
I might up my contribution to see what values I can get.
I might up my contribution to see what values I can get.
03-20-2008, 08:54 PM
#26
Iro Ridg .308
approx up 12.05%. Was 100% aggressive but sold portions in November, December, and January now everything is in a short term bond fund and making very small gains. I'm no expert, but I listen and watch what some of our key guys are doing since I don't have the time myself to keep tabs on everything. I'll watch them for re-entry and sitting tight for now. Good luck!
...starting january, up about 1.7%
...starting january, up about 1.7%
Last edited by special-ed; 03-20-2008 at 08:57 PM.
03-21-2008, 12:17 PM
#29
Senior Moderator
Originally Posted by RaviNJCLs
Lots of negative numbers.
03-22-2008, 04:22 PM
#31
Team Owner
Hopefully the S&P500 will cross over the 50MDA soon. We haven't been over the 50MDA all year.
04-16-2008, 10:59 AM
#37
trill recognize trill
this year it's barely breaking even, but I have a question.....
I was wondering if I work for a company, that will match 100% up to 3% of my contributions, and 50% of up to the next 2% of contributions. Would it be wise, if I am looking to save for a house, to put the maximum I can afford to save into a 401k, and as a result putting me in a lower tax bracket. Then rolling it over to some type of IRA (which one would I choose?) and withdrawing for first home purchase? I understand 10k is the lifetime limit on withdrawal and I would be subject to income taxes on that but no penalty; is that 10k before or after taxes?
I am only 20 years old, so I do understand that the compounding of interest would be lost. I only have about $1900 saved in there because I only took a 5% salary deduction to take advantage of the free money the company was offering. Would it just be better for me to save for a downpayment via a savings acnt or cd instead of this route?
I was wondering if I work for a company, that will match 100% up to 3% of my contributions, and 50% of up to the next 2% of contributions. Would it be wise, if I am looking to save for a house, to put the maximum I can afford to save into a 401k, and as a result putting me in a lower tax bracket. Then rolling it over to some type of IRA (which one would I choose?) and withdrawing for first home purchase? I understand 10k is the lifetime limit on withdrawal and I would be subject to income taxes on that but no penalty; is that 10k before or after taxes?
I am only 20 years old, so I do understand that the compounding of interest would be lost. I only have about $1900 saved in there because I only took a 5% salary deduction to take advantage of the free money the company was offering. Would it just be better for me to save for a downpayment via a savings acnt or cd instead of this route?
Back in black YTD at 1.12% 