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Is anyone not losing money right now ? I checked one of my 401ks, and I'm down like 5% this year. Checked some other funds and everything has lost money. Prev
by 999900000999 5y ago
Is anyone not losing money right now ?
I checked one of my 401ks, and I'm down like 5% this year. Checked some other funds and everything has lost money.
Previously I wanted to buy a home, but I also hate the notion of being trapped in one place
- giantg2 5y agoThe market as a whole is down. People who picked specific companies or sectors might be up. Although it's likely they wouldn't be well diversified to have avoided the overall market effects. Also, look at your performance over multiple years. Of course pullbacks will happen, but my guess is that you're still 10%+ over the past 2-3 years. The way interest rates are going, it could be costly to buy a home if you wait. Although jumping into such a hot market isn't great either. Basically, it'll suck either way.
- HWR_14 5y agoWell, I know a few people who went into inverse index funds (those that move opposite of an index fund) in 2020, thinking that there would be a COVID recession. They were too disgusted to pull that money out, so they're up on the year, but still down since 2020.