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Message

Personal Rate of Return
Posted on 9/18/08 at 4:16 pm
Posted on 9/18/08 at 4:16 pm
quote:
Personal Rate of Return from 01/01/2008 to 09/17/2008 is -20.6%
I am 23, have been working for a year and know I'm not supposed to look at this.. taking 10% out of check, should i start taking out less??
Posted on 9/18/08 at 4:28 pm to CE Tiger
Depends on your company match. My company matches dollar for dollar up to 6% so that's what I'm doing for now.
Posted on 9/18/08 at 4:30 pm to lsu1980
No, just start taking more time to see whee your money is going. What has it been invested in to go down 23% this year?
Posted on 9/18/08 at 4:30 pm to lsu1980
My company will put in 5% no matter what, I'm contributing 8% currently...
My personal rate of return as of about 10 minutes ago was -28.46%

My personal rate of return as of about 10 minutes ago was -28.46%

Posted on 9/18/08 at 4:30 pm to CE Tiger
As a 23 year old, you're fine. a 20% loss for you isn't a lot of money in real terms. Very different than a 55 year old who lost 20% of a a large portfolio he built up over many years.
Posted on 9/18/08 at 4:32 pm to LSUtoOmaha
quote:
What has it been invested in to go down 23% this year?
Current
Balance (%) Investment )
20.90% AF GRTH FUND AMER R4
19.33% H & W MID CAP VAL I
15.44% FID DIVERSIFIED INTL $1,254.02
11.16% DODGE & COX BALANCED $906.14
9.67% FID US EQ INDEX POOL $785.81
7.01% FID SMALL CAP STOCK $569.23
6.14% FID FREEDOM 2040
4.02% PIM TOTAL RT INST
3.58% TIMESSQ MID CP GTH P
2.74% VANG WINDSOR II ADM
Posted on 9/18/08 at 7:42 pm to CE Tiger
quote:
Current
Balance (%) Investment )
20.90% AF GRTH FUND AMER R4
19.33% H & W MID CAP VAL I
<snip>
It looks like you bought a lot of funds that invest similarly. That isn't diversification.
But yeah, early in the game it probably doesn't matter much anyhow, they key is to stash away as much as possible. If you have a company match, even better.
This post was edited on 9/18/08 at 7:43 pm
Posted on 9/19/08 at 3:11 am to Golfer
quote:
My personal rate of return as of about 10 minutes ago was -28.46%
Dude relax. If you've just starting saving this is actually a good thing, as it means the money you'll be putting in over the next few years will be at a lower price.
Posted on 9/19/08 at 6:33 am to lsu1980
Best two investments I have- company 401K match and my great rate checking 6.01
what a day!
what a day!
This post was edited on 9/19/08 at 6:33 am
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