401k performance
#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.
Trending Topics
#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.
#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.
#11
Just dial 1911
Join Date: May 2004
Location: San Diego, CA
Age: 49
Posts: 12,144
Likes: 0
Received 1 Like
on
1 Post
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.
#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.
#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
#18
Just dial 1911
Join Date: May 2004
Location: San Diego, CA
Age: 49
Posts: 12,144
Likes: 0
Received 1 Like
on
1 Post
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
#19
is learning to moonwalk i
Originally Posted by Scooter
dollar cost averaging
As for my 401k performance... let's just say
#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...
#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.
#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.
#29
Senior Moderator
Originally Posted by RaviNJCLs
Lots of negative numbers.
#31
Team Owner
Hopefully the S&P500 will cross over the 50MDA soon. We haven't been over the 50MDA all year.
#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?