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Started By
Message
re: How much of your 401k has shrunk since this idiot took over?
Posted on 6/15/22 at 4:39 pm to tigerbait3488
Posted on 6/15/22 at 4:39 pm to tigerbait3488
30%
1
Posted on 6/15/22 at 4:43 pm to Willie Stroker
I’m with you on this, but the first 7k is not the same as it was thirty years ago.
I really wanted to do something’s when I retire my certification in several fields but, that’s all up in the air now.
Can I live with medical and health/ not living under the bridge eating cat food, sure.
I wanted to start up some franchises and help some folks enjoy the dream.
I might be better off just telling them how to plant a garden…
I really wanted to do something’s when I retire my certification in several fields but, that’s all up in the air now.
Can I live with medical and health/ not living under the bridge eating cat food, sure.
I wanted to start up some franchises and help some folks enjoy the dream.
I might be better off just telling them how to plant a garden…
Posted on 6/15/22 at 4:43 pm to tigerbait3488
15%. Sucks because I now live off mine so draw the same amount every month. I had thought when I retired that that plus some small other income I could live somewhat comfortable until wife and I move on to Tiger stadium in heaven. Now it looks like I May come up short.
Posted on 6/15/22 at 4:44 pm to tigerbait3488
Don’t have a 401k but my brokerage account is down $20k+ since the first of the year
Posted on 6/15/22 at 4:44 pm to TheSadvocate
quote:Set it and forget it.
Not looking
Posted on 6/15/22 at 4:51 pm to tigerbait3488
Down about $200k between my wife and I. My attitude towards my employer is better since it looks like I will need to work a couple extra years that I should be retired.
Posted on 6/15/22 at 4:54 pm to tigerbait3488
I’m down 6 figures and approaching 7.
If we’re headed for a recession, I don’t really know what to call this shite!
#FJB
#LGB
If we’re headed for a recession, I don’t really know what to call this shite!
#FJB
#LGB
Posted on 6/15/22 at 4:55 pm to HubbaBubba
Cashed mine at when I was medically retired from my corporation at age 40. So I'll have to start another lol
Posted on 6/15/22 at 4:58 pm to tigerbait3488
Not looking. I was down over $100k the last time I looked at my investments end of March. Haven't logged in to any of my accounts since. The only time I know anything is happening is when I receive a confirmation of some type of activity in my accounts (buy, sell, exchange, etc.). I have to log in to see what activity was done, and I won't do that. Just trusting my financial advisor right now to weather the storm.
I'm sitting heavy on cash right now, literally cash in the bank, waiting on the time to make a move and prepare for a nasty recession. Today is another day where that cash stayed right where it's at.
ETA: I remember being pissed in 2008 when I lost $10k over the course of October when the world was collapsing. That's been a good day in the market for me the last 6 months. Bad days are much bigger losses. FJB.
I'm sitting heavy on cash right now, literally cash in the bank, waiting on the time to make a move and prepare for a nasty recession. Today is another day where that cash stayed right where it's at.
ETA: I remember being pissed in 2008 when I lost $10k over the course of October when the world was collapsing. That's been a good day in the market for me the last 6 months. Bad days are much bigger losses. FJB.
This post was edited on 6/15/22 at 5:00 pm
Posted on 6/15/22 at 5:00 pm to tigerbait3488
Down about 20% and not going to panic. Stock market always comes back.
Posted on 6/15/22 at 5:01 pm to anc
quote:
ere was a day last week that I lost $26k. I'm down nearly $250k this year. Today was good
Yep I'm down nearly the same from January.
I've been scared to even look at it, but I'm only 36 got a long time to stay in
Posted on 6/15/22 at 5:02 pm to tigerbait3488
$4,000. I’m only 31 years old though.
Posted on 6/15/22 at 5:06 pm to AUMIS01
Smart move for sure, but cash doesn’t just sit there it devalues over time. I’m sure you know that but it’s for those who have less and might consider this option for an ‘eggs in one basket’ approach.
I can’t read our economic tea leaves somewhat with any accuracy right now for the first time in my life.
Tangibles are my only options.
I can’t read our economic tea leaves somewhat with any accuracy right now for the first time in my life.
Tangibles are my only options.
Posted on 6/15/22 at 5:07 pm to tigerbait3488
Hey, look at me! I’m a responsible person!
Posted on 6/15/22 at 5:08 pm to tigerbait3488
quote:
$26,000.
This is pocket change. Easily 6 figures. -16%
Posted on 6/15/22 at 5:16 pm to tigerbait3488
I’m afraid to look!
Posted on 6/15/22 at 5:34 pm to tigerbait3488
About $150k
Posted on 6/15/22 at 5:44 pm to IMATIGERFAN
401K is down over 20%. Sadly, I think I have 3.5 years before I have to take my first withdrawal from IRAs, need to double check that.
This post was edited on 6/15/22 at 5:45 pm
Posted on 6/15/22 at 5:49 pm to tigerbait3488
182K FJB
Posted on 6/15/22 at 6:02 pm to Gotabyte
Down over 10% since the idiot took over. It will come back up eventually but dang.
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