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re: How is your 401k doing?

Posted on 4/7/23 at 1:20 pm to
Posted by saderade
America's City
Member since Jul 2005
26008 posts
Posted on 4/7/23 at 1:20 pm to
quote:

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.
But why would you risk trying to time the market in your 401k?
Posted by TideHater
Orange Beach AL
Member since May 2007
19710 posts
Posted on 4/11/23 at 7:50 am to
All of mine is in RTX Raytheon stock. It is doing okay.
Thanks Ukraine....lol
Azov Nazis ordering missiles like crazy.
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
5932 posts
Posted on 4/11/23 at 6:14 pm to
Mine was WAY up under Obama
I neglected to give him credit
Posted by Troutforbreakfast
Member since Mar 2023
138 posts
Posted on 4/11/23 at 6:33 pm to
After reading all the comments given I don’t understand why any negative comments have been given to this focal-fact of reality?

The Country and it’s wealth of its citizenry has been severely de n’égarâtes by this leadership.

Hell put RFK jr in charge you can only go up from zero? Or negative numbers if you believe in those…
Posted by Marcus Aurelius
LA
Member since Oct 2020
3900 posts
Posted on 4/11/23 at 8:42 pm to
Just fine.
Posted by meansonny
ATL
Member since Sep 2012
26005 posts
Posted on 4/11/23 at 8:58 pm to
quote:

Mine was WAY up under Obama
I neglected to give him credit


WAY up?
It gets the designation of the slowest recovery in history (he even acknowledged "this is as good as it ever will get").

Over 8 years, recovery is ALWAYS better than the alternative. But on a per year basis, I don't think I've ever seen anyone credit the administration until you.
Posted by slackster
Houston
Member since Mar 2009
89772 posts
Posted on 4/11/23 at 9:07 pm to
quote:

WAY up? It gets the designation of the slowest recovery in history (he even acknowledged "this is as good as it ever will get"). Over 8 years, recovery is ALWAYS better than the alternative. But on a per year basis, I don't think I've ever seen anyone credit the administration until you.






The S&P 500 total return was around 250% during Obama’s presidency.

Don’t piss on me and tell me it’s raining.
Posted by bod312
Member since Jul 2015
846 posts
Posted on 4/12/23 at 8:01 am to
quote:

The S&P 500 total return was around 250% during Obama’s presidency.


It helps that it dropped like 45% right before he took control. I think we can all agree its much easier to increase 100% after you have dropped 50% versus increasing all time highs 100%.

Without diving very deep into daily/weekly data, Obama increased the all time high about 45% in 8 years and Trump increased it like 68% in 4 years. Now it is obviously easier to increase all time highs when you take over at all time highs versus in a large downturn.

It is very disingenuous that so many people tout the SP500 increase under Obama without acknowledging he had some remarkable timing to take over at basically the bottom of a large downturn.
Posted by meansonny
ATL
Member since Sep 2012
26005 posts
Posted on 4/12/23 at 8:47 am to
quote:

The S&P 500 total return was around 250%

It is semantics. But you are trying to redefine "return" on investment, I presume.

The S&P grew 147% during Obama's 8 years.

And historically, it began the longest continuous run of quarters with GDP growth in history (which extended a couple of years into Trump). That is significant.

As I said, a growing economy is always better than the alternative.

But it was factually the slowest economic recovery in history after a recession (markets fell about 40% in 2008). GDP fell in 2009 and never grew on an annual basis better than 2.7% under Obama.

Only twice did GDP grow +1.0% better than inflation from 2008 to 2017 (2010 and 2015).
Posted by meansonny
ATL
Member since Sep 2012
26005 posts
Posted on 4/12/23 at 8:55 am to
quote:


It is very disingenuous that so many people tout the SP500 increase under Obama without acknowledging he had some remarkable timing to take over at basically the bottom of a large downturn.


Both sides do it. News pundits do it. Even economists may do it to make a point.

But the S&P500 is not 500 companies. It doesn't track their performance at all. It is the top 500 companies (which changes all the time. The same as the DJIA).
If I have a sample that changes, am I actually using a sample?

I wasn't going to even mention this because it "just is". It taints all data using indexes to simplify patterns.
Of course growth is going to look great when you remove companies that aren't growing and replace them with the best growing agencies in the world.

It isn't bad data because it is the easiest to grab. It is misleading as a factual sample and best used to illustrate economic trends.
Posted by KWL85
Member since Mar 2023
2276 posts
Posted on 4/12/23 at 10:47 am to
You might want to look into the fees your choices are charging you. The overall market and most funds are higher in that time period, so you should not have less money.
Posted by KWL85
Member since Mar 2023
2276 posts
Posted on 4/12/23 at 10:58 am to
Agree with this. Cycles happen. I wish we could keep politics out of money threads.
Posted by slackster
Houston
Member since Mar 2009
89772 posts
Posted on 4/12/23 at 4:13 pm to
quote:

It is very disingenuous that so many people tout the SP500 increase under Obama without acknowledging he had some remarkable timing to take over at basically the bottom of a large downturn.


Obama was an awful president for most businesses. His economy sucked, but stocks were excellent. He’s exhibit A for why you shouldn’t invest beaded on the president. If you sat out his presidency you’ll never catch up.
Posted by slackster
Houston
Member since Mar 2009
89772 posts
Posted on 4/12/23 at 4:21 pm to
quote:

It is semantics. But you are trying to redefine "return" on investment, I presume. The S&P grew 147% during Obama's 8 years.


I’m considering dividend reinvestment since this is a 401k thread. S&P 500 was up 233% after doing the date to date math.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15222 posts
Posted on 4/12/23 at 4:56 pm to
quote:

I’m considering dividend reinvestment since this is a 401k thread

It seems the big companies with nice dividends have done well in the last year off course minus a few like MMM. MY Div portfolio has done much better than my 401k in the last year.
Posted by DiamondDog
Louisiana
Member since Nov 2019
11973 posts
Posted on 4/12/23 at 8:05 pm to
+31% on year.
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