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Started By
Message
re: How is your 401k doing?
Posted on 4/5/23 at 4:58 pm to JohnnyKilroy
Posted on 4/5/23 at 4:58 pm to JohnnyKilroy
quote:
The market is UP since biden took office. If your account is DOWN in that time frame, you underperformed.
What market?
Honest question
1
Posted on 4/5/23 at 5:06 pm to Rhino5
I’m up 4.5% YTD. A couple years ago I had 10k to 20k more than what I have now and that’s after having 55 to 60k more put in by me and my employer.
This post was edited on 4/5/23 at 5:07 pm
Posted on 4/5/23 at 5:14 pm to meansonny
VTSAX
Posted on 4/5/23 at 5:18 pm to TGFN57
quote:
The person responsible for your 401 is you, genius. Pay attention, make adjustments when necessary and it won't matter what temporarily occupies the White House.
The OP prolly doesn’t have a 401k or an investment account. People that base their financial decisions on political narratives rarely make good financial decisions in my experience. Heard people saying the same crap when Obama was president.
Posted on 4/5/23 at 5:33 pm to JohnnyKilroy
97.93 on 1/21/21 up to 98.95 closing bell 4/4/23.
Are you serious, Clark?
Are you serious, Clark?
Posted on 4/5/23 at 5:40 pm to meansonny
Would you prefer SPY?
That’s up about 5% since inauguration.
That’s up about 5% since inauguration.
Posted on 4/5/23 at 6:24 pm to JohnnyKilroy
quote:
Would you prefer SPY? That’s up about 5% since inauguration.
5% since inauguration?
What is that with inflation adjustments?
I don’t have a dog in the fight. But it is obvious when narratives are being pushed without any attempt to maintain a sense of integrity to the information.
People fling more shite than a manure spreader.
Posted on 4/5/23 at 7:14 pm to meansonny
quote:
meansonny
You’ve been wrong twice and now you’re going with emotion? Damn.
The market is up since Biden took office. It’s not a brag, it’s a fact.
Posted on 4/5/23 at 7:17 pm to slackster
Lol
Wrong twice?
The first index he picked was up 1% over the course of 2 years during the midst of inflation that we haven’t seen in 4 decades.
As I said, I don’t have a dog in the fight. But don’t piss on me and tell me it is raining.
Wrong twice?
The first index he picked was up 1% over the course of 2 years during the midst of inflation that we haven’t seen in 4 decades.
As I said, I don’t have a dog in the fight. But don’t piss on me and tell me it is raining.
Posted on 4/5/23 at 7:54 pm to meansonny
quote:
The first index he picked was up 1% over the course of 2 years during the midst of inflation that we haven’t seen in 4 decades.
Up is up. Arguing it’s not up in real terms is goofy. Everything he said was factual. You just assumed there were no markers that were higher and you’ve been proven wrong twice.
This post was edited on 4/5/23 at 7:56 pm
Posted on 4/5/23 at 8:47 pm to meansonny
quote:Yes you do.
I don’t have a dog in the fight.
quote:Like the narrative of this thread that Biden has somehow "tanked the markets"?
But it is obvious when narratives are being pushed without any attempt to maintain a sense of integrity to the information.
Posted on 4/5/23 at 10:53 pm to slackster
quote:
The market is UP since biden took office. If your account is DOWN in that time frame, you underperformed.
His account was up 0.5% per year and the insinuation was that if our accounts are not up then it is a me problem.
That’s the definition of mendacity.
The markets are beyond the control of any president. But there is too much pissing on our heads and calling it rain in this thread for me. I don’t need a semantics debate.
Posted on 4/5/23 at 11:02 pm to Rhino5
Just checked my balance. I have 2k less than I did on July 1, 2021 and I contributed the max in both yrs since then.
The wife and I have tracked our balances on July 1 and Jan 1 since 2008. The last couple years, I haven't looked at it very often,,,too depressing.
The wife and I have tracked our balances on July 1 and Jan 1 since 2008. The last couple years, I haven't looked at it very often,,,too depressing.
Posted on 4/6/23 at 9:03 am to Rhino5
I am treading water. I cashed 40% out between July and nov of 2021. Been sitting in cash waiting till deflation happens and going to buy back in.
Taken a few dips in with xom and Tesla during that time.
Taken a few dips in with xom and Tesla during that time.
Posted on 4/6/23 at 10:56 am to Big Scrub TX
I agree with you. I haven't been reading this board very long, and may not much longer. You are correct, but most of the comments in this thread are wrong. My 401k is higher.
Posted on 4/6/23 at 11:05 am to RoyalWe
Not according to your graph.
Posted on 4/6/23 at 11:14 am to slackster
quote:
Up is up.
Not back in September of 2022
Posted on 4/6/23 at 11:21 am to barry
quote:
People that think presidents can take any credit for the economy are idiots. So many other factors. Biden is a moron, don't get me wrong, but so much other stuff goes into it.
quote:
So many other factors.
Yup people's emotions to what D.C. is doing
Politics has gotten so involved in private business, it is becoming hard to be immune.
Posted on 4/6/23 at 1:22 pm to KWL85
quote:Okay, and May 2022. Not sure what your point is.
Not according to your graph.
Posted on 4/6/23 at 1:28 pm to Rhino5
Sometimes it's up, sometimes it's down. Right now I'm up a little from beginning of 2022. Wouldn't be shocked to see a few years of stagnant markets. Wish I had more options in my retirement plan, but it does keep me from getting stupid.
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