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re: 401k...Has anyone else check theirs lately… I’m down 8500…
Posted on 4/11/25 at 2:34 pm to Epic Cajun
Posted on 4/11/25 at 2:34 pm to Epic Cajun
Yeah, I've lost (on paper) a hell of a lot more than 8k since January 
1
Posted on 4/11/25 at 2:38 pm to fallguy_1978
This thread reminds me of most of my friends. They are freaking clueless. S&P is up 3% in one year even with all the bullshite that just happened. Most people are dumb. You don’t lose money until you sell. Now unless you were planning to cash out your entire account last week, then this is a non issue.
Posted on 4/11/25 at 2:39 pm to lepdagod
I’m down $557,673… about 9%
Posted on 4/11/25 at 2:42 pm to lepdagod
Back to even for YTD. Don’t like the roller coaster type ups and downs… can’t wait til the China stuff is done and it’s back to steady growth.
Posted on 4/11/25 at 2:43 pm to Mingo Was His NameO
only ones that need to be concerned are those close to retirement but in that case you better make sure you are going less risky the closer you get to retirement otherwise stay where you are and ride it out
Posted on 4/11/25 at 2:43 pm to lepdagod
You didn't short the market, baw? You gotta generate that alpha
In all seriousness, it's your 401k. You shouldn't be checking it everyday just enjoy the tax benefits of it.
In all seriousness, it's your 401k. You shouldn't be checking it everyday just enjoy the tax benefits of it.
Posted on 4/11/25 at 2:57 pm to lepdagod
quote:
I’m down 8500
What does this mean?
Posted on 4/11/25 at 2:57 pm to lepdagod
Today or overall?
Posted on 4/11/25 at 2:59 pm to YouKnowImRight
quote:
Every time Trump speaks it costs me a months pay.
Fragile market.
Posted on 4/11/25 at 3:02 pm to lepdagod
Also no one has really lost money.
quote:
The Dow Jones Industrial Average ended 2016 at 19,762.60 points.
quote:
40,212.71
+619.05 (1.56%)today
Apr 11, 4:01 PM EDT •
Posted on 4/11/25 at 3:07 pm to dgnx6
I was down a couple hundred k. But i have 12 years till retirement, so it will come back. all good.
Posted on 4/11/25 at 3:13 pm to lepdagod
No. I also don't check when things are shooting up. Unrealized gains and losses.
Posted on 4/11/25 at 3:17 pm to Rza32
again, since when did McDonald’s give fry cooks 401ks
Posted on 4/11/25 at 3:22 pm to lepdagod
You have not lost any money unless you pull out of your funds. It will come back.
Posted on 4/11/25 at 3:23 pm to lepdagod
Lepdagod the Panican
Posted on 4/11/25 at 3:27 pm to lepdagod
In the fall of1981 I wrote a check to LSU for my tuition for 15 hours. It was $350 (not kidding). In today's dollars that is about $1,231. Books were about $150. I could work full time at my minimum wage job between semesters and have plenty of money to pay for my education.
This post was edited on 4/15/25 at 2:22 pm
Posted on 4/11/25 at 3:34 pm to lepdagod
Nah. Got 20 years to go. Keep on buying.
Posted on 4/11/25 at 3:43 pm to lepdagod
quote:
401k...Has anyone else check theirs lately… I’m down 8500…
Good for you that your balance is so low. I'm probably down $80-$100k or more.
Posted on 4/11/25 at 3:47 pm to HogX
quote:how can someone only look at their money a single time out of curiosity?
Yep. I checked mine one time out of curiosity
A Baw needs his finger on the pulse
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