3 ms·
Finally. My 401k has been bleeding for years...
by rabuse 4y ago
Finally. My 401k has been bleeding for years...
- jxramos 4y agoSeriously, hard red the last two years. But somehow the delta swung +$10k somehow in the last month. A very welcome pattern should it continue.
- riffraff 4y agoHow did you go hard red in the last two years? Pandemania pushed stocks to insanely high levels, unless you literally started investing in 2021 you should be good. I.e. For tax reasons I have several yearly buckets, I only have general broad ETFs and every year is up, except for 2022. Perhaps you just failed at stock picking? If so, it probably won't improve, as it's hard for everyone to win.
- orev 4y agoUnless you’re about to retire, it shouldn’t matter. As long as you’ve been dollar cost averaging every month and buying more into it, you’ll be in a much better position when you do retire. The market is always going to cycle up and down (over long term) and you just need to deal with it. And if you’re close to retirement and seeing large changes due to to market, you haven’t invested properly. The closer you are to retirement the more safe the investments should be. Checking your 401k balance every day at 30 years old is going to make you crazy.
- rabuse 4y agoI'm not close to retiring. Just has been depressing seeing the numbers continue to drop YoY.