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Started By
Message
Anyone else’s 401k being rocked?
Posted on 11/3/18 at 1:05 am
Posted on 11/3/18 at 1:05 am
Was talking with a couple of buddies and we’ve gotten killer this year. I’m down a little. And a chick we were talking with told us she was down 6 k in the last three months though honestly for her that probably isn’t too much
Pretty much every option through work is down 4-8% this year. I already switched out of mostly every thing except large cap stock. Even that isn’t doing great. The only thing that seems to be doing par is large cap bonds.
Pretty much every option through work is down 4-8% this year. I already switched out of mostly every thing except large cap stock. Even that isn’t doing great. The only thing that seems to be doing par is large cap bonds.
21
Posted on 11/3/18 at 5:59 am to athenslife101
Stay the course unless you are 3 years from retirement.
Markets fluctuate.
Don’t jump in and out on every move.
Time is your friend.
Markets fluctuate.
Don’t jump in and out on every move.
Time is your friend.
Posted on 11/3/18 at 6:46 am to athenslife101
Don’t know, haven’t looked at mine.
Will check in mid December when I convert my after tax portion to my Roth.
Will check in mid December when I convert my after tax portion to my Roth.
This post was edited on 11/3/18 at 6:47 am
Posted on 11/3/18 at 6:48 am to athenslife101
quote:
I already switched out of mostly every thing except large cap stock
I never make moves when the market is swinging or I am down.
Posted on 11/3/18 at 6:52 am to athenslife101
1. Never judge your performance by $ figure. Always judge it by %.
2. International allocations have gotten hammered this year and are bringing a diversified portfolio down. Intermediate-Long term bond exposure is also negative this year and bringing a diversified portfolio down.
3. It’s not about how much money you make or beating the S&P. It’s about protecting your downside.
2. International allocations have gotten hammered this year and are bringing a diversified portfolio down. Intermediate-Long term bond exposure is also negative this year and bringing a diversified portfolio down.
3. It’s not about how much money you make or beating the S&P. It’s about protecting your downside.
Posted on 11/3/18 at 6:54 am to makersmark1
quote:
Stay the course unless you are 3 years from retirement.
Markets fluctuate.
Don’t jump in and out on every move.
Time is your friend.
Wish I could upvote again.
Posted on 11/3/18 at 6:56 am to weagle99
quote:
I never make moves when the market is swinging or I am down.
+1
Posted on 11/3/18 at 8:59 am to athenslife101
quote:
Pretty much every option through work is down 4-8% this year. I already switched out of mostly every thing except large cap stock.
Posted on 11/3/18 at 9:31 am to weagle99
It’s more than that. I know the mutual fund business ok as I spend all day looking at mutual funds for work and I’ve just kinda gotten disillusioned with smaller cap stocks and bonds.
To be clear, I still am contributing to a bunch of small/mid cap stuff, just not like the 20% I was.
To be clear, I still am contributing to a bunch of small/mid cap stuff, just not like the 20% I was.
Posted on 11/3/18 at 11:47 am to athenslife101
quote:
I already switched out of mostly every thing except large cap stock.
So presumably you decided to realize your losses instead of waiting out for the future upside? Not smart.
Posted on 11/3/18 at 11:55 am to cameronml
yeah it may not be huge money but the losses taken when selling a down asset are not recoverable. never sell on a downturn unless it’s an individual stock you just want out of
This post was edited on 11/3/18 at 11:55 am
Posted on 11/3/18 at 12:23 pm to athenslife101
Nope. Only yours. Everyone else is up 10% on the year.
Forget about your 401K, as long as you’re properly diversified, unless you’re getting close to retirement. Again, you should be properly diversified so even then you shouldn’t care that much.
Forget about your 401K, as long as you’re properly diversified, unless you’re getting close to retirement. Again, you should be properly diversified so even then you shouldn’t care that much.
This post was edited on 11/3/18 at 12:24 pm
Posted on 11/3/18 at 1:32 pm to cgrand
I didn’t sell out of a damn thing. I just changed contributions. Just redistributed.
Posted on 11/3/18 at 2:43 pm to athenslife101
quote:
redistributed
What do you think this means?
Posted on 11/3/18 at 2:48 pm to iAmBatman
I redistributed the contribution levels. So for example, I may have been having 5% of my contribution going to emerging markets fund A. I changed it so that only 1% of my future contributions go into emerging markets fund A. I switched the difference to more traditional funds.
Posted on 11/4/18 at 11:56 am to athenslife101
quote:I suspect that is as of the end of October, right?
Pretty much every option through work is down 4-8% this year.
The overall stock market is up since then. All three U.S. market indexes, Dow Jones 30 Industrials, the S&P 500 and the NASDAQ, are up Y-T-D as of the close of the market on Friday.
My stock portfolio is up since 1/1/18.
As someone else has pointed out, the worst thing you can do is sell at the low. The "buy high and sell low" strategy guarantees you lose money.
Posted on 11/4/18 at 12:02 pm to athenslife101
quote:I've worked in the financial sector of quite a few "emerging markets" and there's not one of them I would put a penny in.
1% of my future contributions go into emerging markets
They just don't have the same degree of financial reporting integrity for me.
Plus, you have currency exchange risk from converting those emerging market currencies into U.S. dollars which your fund is reported in.
No, thank you.....
Posted on 11/4/18 at 12:15 pm to athenslife101
We are in a secular bull market, the odds favor higher than normal market gains. YTD, the averages are below normal market gains.
On a short term basis, the selling is about done. I expect (or hope) to see a retest of the recent lows in the next week or two. After that is cleared, then a rally is set up to go into the beginning of next year.
On a short term basis, the selling is about done. I expect (or hope) to see a retest of the recent lows in the next week or two. After that is cleared, then a rally is set up to go into the beginning of next year.
Posted on 11/4/18 at 1:08 pm to athenslife101
quote:
Pretty much every option through work is down 4-8% this year.
This isn't bad by any historical measure. The market just doesn't go straight up. I lost 50-60% of mine in 08-09
Posted on 11/4/18 at 1:11 pm to athenslife101
quote:oh no
And a chick we were talking with told us she was down 6 k in the last three months
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