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401k - last quarter

Posted on 11/16/11 at 10:04 am
Posted by threeputt
God's Country
Member since Sep 2008
24791 posts
Posted on 11/16/11 at 10:04 am
Holy hell batman. Just opened my statement that has been on my desk for a while now. I lost almost 30% the last quarter. FML


Posted by H2O Engineer
New Orleans
Member since Feb 2011
626 posts
Posted on 11/16/11 at 4:01 pm to
Yea mine lost 15.15% in Q3. Fortunately October was a strong month for me. I'm sitting at only +1.7% on the year right now.
Posted by dlmast87
Amish Country
Member since Dec 2007
1941 posts
Posted on 11/16/11 at 6:36 pm to
-11% for me 3Q. Flat for the year (just opened in February)
Posted by Tigerstudent08
Lakeview
Member since Apr 2007
5776 posts
Posted on 11/17/11 at 9:32 am to
Yea I am back to even on the year. Thankfully I won't be touching it for 35 years....holy shite thats kinda depressing. 12% of my check goes to something that I can't touch for 35 years
Posted by AuburnTiger08
Georgia
Member since Nov 2010
280 posts
Posted on 11/17/11 at 9:42 am to
12%?!?!?!?

After company match put the rest in a Roth IRA. DIVERSIFY YO' BONDS *****
Posted by Tigerstudent08
Lakeview
Member since Apr 2007
5776 posts
Posted on 11/17/11 at 9:59 am to
Yea I max out a roth ira also but I am trying to save money for a house so I don't want to go above 12% until that happens
Posted by AuburnTiger08
Georgia
Member since Nov 2010
280 posts
Posted on 11/17/11 at 10:21 am to
I was assuming you were putting 12% and not contributing to a Roth IRA. I had no idea you had OT-money.
Posted by Tigerstudent08
Lakeview
Member since Apr 2007
5776 posts
Posted on 11/17/11 at 10:25 am to
haha no I don't have OT money but I am a petroleum engineer so I am slightly below OT status
Posted by Thomas Hudson
Dallas
Member since Dec 2006
7309 posts
Posted on 11/17/11 at 11:00 am to
Mine was -13.35% in 3Q.

Maybe I should reconsider maxing it out (no employer match)?
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