...just started another 401k... praying for the best...trying to keep the long term in mind... my other one has been up for the past 12 years...not by much the last 2 years...

 

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:

 

You can't watch it every minute, it'll drive you nuts.
Just keep contributing, by the time you retire you'll actually be able to retire.

 

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....

 

I am down so much since May it is not even funny.

 

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.

 

it's all about the long term anyways.

-23.1.

 

^^ It will look better tomorrow morning.

 

but international and emerging markets have me.

 

-26.6%

 

any updates?

 

roth IRA -18.57%
roth 401k -10.83%

 

Too afraid to look.. Thank god mine is only now hitting its 1 year birthday so even if I lose it isn't that much

 

And after today, it will be even worse...

 

honestly, that's not too bad.

do you have fixed income exposure?

i'm all equity, i'm down 25-30% for both.

 

i don't know what fixed income exposure is...

 

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.

 

Teach him to kick a football... easiest way to get a scholorship IMO.

 

Your Personal Rate of Return for 10-06-2007 to 10-06-2008: -15.95%
Note: Rate of Return for periods greater than one year are annualized.

 

01/01/2008 - 10/06/2008 = -23.5%

 

My 401k might as well be called 200.5k

 

01/01/08 - 10/06/08: -29.4%

 

it will only get worse after today's prices.

 

Ahh brutal

Apr-18-2008 (when I started 401k here) - Oct-07-2008 -44.27%

 

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.

 

-30.4%

 

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.

 

I haven't talked to my step brother yet, but my dad told me he said his 401k was down about 100 grand.

 

from what?

like 500 grand?

i'm sure there are lots of older employees and/or executives that have lost that much or more.

 

It's all about percentages. Otherwise you're comparing okra to lychees.

 

I look at it this way: the market will recover eventually and I'm simply buying shares on the cheap.

Can't touch the thing for ~40 years anyways.

 

and that's probably the most optimistic way to look at it at this point.

 

Wow this was only 2 days ago, Today im down 27%

 

Ohh this looks like fun, I want to play too.

01/01/2008 - 10/07/2008 = -25.82%

 

401k -9.7% Balance almost $5,000, lost around $390.
Roth IRA -37.52% Went from $2,500 to $1,561.

 

This is probably why my 401K will only do performance updates at the end of the month/quarter.

 

-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.

 

-43.79%

ROTH ira, latin american investments were doing good for me till recently. Oh well, i got time on my side

 

Roth IRA is -23.10% YTD. I second yunginTL, I never thought that I would be happy to say that I have at least 30 years left to work.

 

emerging markets have been slammed this year.

i was down 45% in my emerging markets fund. so i've lost all of my gains from last year when it was up 45.