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re: What is your % loss on your 401k for 2022?
Posted on 9/13/22 at 2:17 pm to frequent flyer
Posted on 9/13/22 at 2:17 pm to frequent flyer
dont know. not gonna check or fret about it.
im 25+ years from retirement. the market will rise, and fall, and rise again in that time. no need to give myself and ulcer today.
im 25+ years from retirement. the market will rise, and fall, and rise again in that time. no need to give myself and ulcer today.
0
Posted on 9/13/22 at 2:20 pm to Abstract Queso Dip
quote:But is it when it's passively managed and I can easily lose, what, upwards of 30-40% when the market tanks, whereas when I have someone actively managing it, it just goes to cash and I don't lose a huge chunk of it, and in some instances, may increase its value a little while the passive account is losing 40% of its value.
That stupid. It's free money.
Posted on 9/13/22 at 2:37 pm to frequent flyer
The last time I looked, my contributions are just offsetting my losses and holding my balances steady.
Posted on 9/13/22 at 2:46 pm to Abstract Queso Dip
quote:
Timing the market is a fools errand.
It is if you are a passive equity investor.
Posted on 9/13/22 at 3:02 pm to frequent flyer
Ugh. Just looked at it, down 16.2% YTD
Posted on 9/13/22 at 3:21 pm to Medtiger87
Haven’t Looked, but I am well divested. I am sure it’s down but I am looking to buy buy buy.
Posted on 9/13/22 at 3:34 pm to goofball
Should be going up around $3-4k for '23, as well IRA contributions by $4k
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