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re: Your 401K is getting destroyed
Posted on 6/13/22 at 2:51 pm to Allthatfades
Posted on 6/13/22 at 2:51 pm to Allthatfades
I’m 100% in government securities (TSP). While I’m not making anything, I’m also not losing either.
My two homes on the other hand have turned me into a real estate millionaire.
My two homes on the other hand have turned me into a real estate millionaire.
0
Posted on 6/13/22 at 2:51 pm to Allthatfades
I am fortunate. I am at an age where I don’t need to look. If any of you Baws are over 60, cheers to you and I wish you luck.
Posted on 6/13/22 at 2:51 pm to Allthatfades
Can’t get destroyed if you don’t have one
Posted on 6/13/22 at 2:54 pm to Allthatfades
I have easily lost 20-25% of my 401k balance since January 1.
I’m trying to not think about it.
Also……
FJB
I’m trying to not think about it.
Also……
FJB
Posted on 6/13/22 at 2:55 pm to Allthatfades
Yet this country will continue to vote in people like Joe Biden. As far as I am concerned, there needs to be a revolution of some sort... not necessarily an armed insurrection. More like every Senator and Congressman needs to be told no longer have a job and we start over.
This post was edited on 6/13/22 at 3:02 pm
Posted on 6/13/22 at 2:56 pm to Allthatfades
Yes it is. YTD I’m down almost 20%. These bastards don’t care about us though.
Posted on 6/13/22 at 2:59 pm to Allthatfades
Reminder: if you are within 2-3 years of a financial goal, you should plan your risk accordingly (ie, less stock exposure).
Posted on 6/13/22 at 3:08 pm to Allthatfades
let's go brandon!
Posted on 6/13/22 at 3:11 pm to Allthatfades
Wrong! Shows what you know. I don't have one!
Posted on 6/13/22 at 3:21 pm to Allthatfades
quote:Mine isn't, it's in cash
Your 401K is getting destroyed
Posted on 6/13/22 at 3:24 pm to Allthatfades
quote:
Your 401K is getting destroyed
Myabe for you losers, I'm playing the Lotto for my retirement...
Posted on 6/13/22 at 3:25 pm to Allthatfades
Thanks for your concern. I’m 63, retired, and down a lot despite not being aggressive. Just have to hang in there. Still haven’t touched SS. Trying to wait until 70 for that.
Posted on 6/13/22 at 3:31 pm to Allthatfades
only dumb*sses.
In December, the signs (war, inflation, interest rates, labor and supply shortages, etc) were screaming at us to get out of the market. Those who didn't listen are either ignorant or greedy.
In December, the signs (war, inflation, interest rates, labor and supply shortages, etc) were screaming at us to get out of the market. Those who didn't listen are either ignorant or greedy.
Posted on 6/13/22 at 3:32 pm to Allthatfades
All is going to plan for Joe Biden and his voters. This is exactly what they wanted.
Posted on 6/13/22 at 3:32 pm to Allthatfades
Down 6.6% today.
I'm buying to the bottom, brah.
I'm buying to the bottom, brah.
Posted on 6/13/22 at 3:34 pm to Allthatfades
Might have to bump the old target retirement date from 2055 to 2065 on my funds
Posted on 6/13/22 at 3:35 pm to Allthatfades
quote:
Your 401K is getting destroyed
It's the democrats plan, and I lived too long to see it come to fruition.
I was hoping to retire in less than 2 years, but I'm guessing now that is out the window.
Posted on 6/13/22 at 3:37 pm to Allthatfades
Luckily for me I have never had a penny in a 401k.
Posted on 6/13/22 at 3:45 pm to Allthatfades
I am three years out 85% bonds/securities, 10% bonds and 5% equities. I have lost 9% so far.
It isn't great but I am hoping dollar cost averaging and three years helps.
It isn't great but I am hoping dollar cost averaging and three years helps.
Posted on 6/13/22 at 4:43 pm to Allthatfades
I am retiring in 3 weeks but I also took everything out of all my 401k plans about 16 months ago. Invested into something that has a floor. Happy I did.
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