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Started By
Message
401k already back
Posted on 4/18/20 at 11:50 am
Posted on 4/18/20 at 11:50 am
I have two 401k's. My current job 401k is still below what it was before this pandemic started. My previous job 401k is already back and slightly above what it was before pandemic started.
How is everyone else doing?
edit
My previous job was with Lockheed Martin and they matched with stock only and not cash. I bet this has a lot to do with it rebounding. Lockheed Martin is a big defense contractor.
How is everyone else doing?
edit
My previous job was with Lockheed Martin and they matched with stock only and not cash. I bet this has a lot to do with it rebounding. Lockheed Martin is a big defense contractor.
This post was edited on 4/18/20 at 11:59 am
12
Posted on 4/18/20 at 11:51 am to bleedpg
Under but extremely surprised at recovery
Posted on 4/18/20 at 11:52 am to bleedpg
Almost back to where it was.
Posted on 4/18/20 at 11:54 am to bleedpg
I have it on good authority that the Trump administration has “run this country and your 401k into the ground”.
So you must be incorrect, or lying.
So you must be incorrect, or lying.
Posted on 4/18/20 at 11:55 am to bleedpg
Mine has a way to go but looking much better.
Posted on 4/18/20 at 11:58 am to bleedpg
Down 2% .... not nearly as bad as I expected.
Posted on 4/18/20 at 12:11 pm to bleedpg
Getting close. Not quite where it was but in a much better place.
Posted on 4/18/20 at 12:17 pm to bleedpg
Went from down 30% or so a few weeks ago to only 6.8% as of last Sunday.
Posted on 4/18/20 at 12:44 pm to bleedpg
I retired on November and kept my 401k in the same institution and rolled over my lump sum retirement into the same place. I was holding 90% cash and 10% Wells Fargo Growth Fund because I was very conservative for 6 months prior to retirement. Every single day the market dipped I moved cash to WF fund. I am up by 6%. Still holding a lot of cash.
Posted on 4/18/20 at 12:48 pm to bleedpg
Still -11%. It’s getting there
Posted on 4/18/20 at 12:49 pm to bleedpg
Mines isn’t quite back but it’s improving.
Posted on 4/18/20 at 12:53 pm to bleedpg
was down 29%. It has recovered half of that back.
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