401k performance
09-18-2008, 10:13 AM
#82
Make MyTL Great Again
Thread Starter
Thanks to the event of the last week I want to proudly announce that I am now at an all-time high of -19.71% YTD!
That means even though I've contributed 8800 this year, I'm only up 700 in value.
:pissintowind:
That means even though I've contributed 8800 this year, I'm only up 700 in value.
:pissintowind:
09-18-2008, 11:37 AM
#84
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Agreed. My fellow 20 y.o. co worker keeps buggin' me about his 401k performance and how he'll stop contributing. I think that's SO STUPID.....i'm 23. i'll ride this out and probably another one before i'm ready to retire....I just keep contributing 15% of my paycheck each pay period and let it marinate....i'm dollar cost averaging, so i'm not worried....
09-18-2008, 01:29 PM
#86
is learning to moonwalk i
My balance is lower than it was a year ago - and that's including my contributions and employer match. Good thing I still have ~25 years until I can use this money for retirement.
me.
10-06-2008, 12:14 PM
#95
What Would Don Draper Do?
10-06-2008, 01:06 PM
#97
Team Owner
iTrader: (4)
Good thing I have about 25 - 30 years before I retire. And my kid's going to state college unless him throwing stuff hard with his left arm can be enhanced to include a baseball.
10-06-2008, 01:15 PM
#98
Bent = #1
10-07-2008, 12:30 PM
#101
Team Owner
My 401k might as well be called 200.5k 
10-07-2008, 03:49 PM
#105
is learning to moonwalk i
It's a roller coaster that over time should trend upwards. But there's no point in watching it daily unless you're close to retiring - at which point you need to redistribute your holdings to something less volatile.
10-07-2008, 04:00 PM
#107
What Would Don Draper Do?
but you can't help but check when the markets are moving so much each day.
it's interesting to see how it affects your overall portfolio.
frankly, i'm not so much worried about my 401k or roth because it's something i won't be touching for a long time (or at least i hope so).
but
on my regular mutual fund accounts that were set up for future savings like an engagement ring.
10-07-2008, 05:29 PM
#110
is learning to moonwalk i
10-07-2008, 05:44 PM
#112
What Would Don Draper Do?
10-08-2008, 03:18 PM
#117
Safety Car
-22%. its a 40 year investment, im not worried about daily cost averaging. started putting in the max contribution as early as possible (start-up = 6 mo. of post-graduate employment). that was about a year ago...
You guys cant check it daily!! thats like making your woman take a pregnancy test every time after sex. just put in your contribution and hope for the best.
You guys cant check it daily!! thats like making your woman take a pregnancy test every time after sex. just put in your contribution and hope for the best.
10-09-2008, 09:07 AM
#120
What Would Don Draper Do?