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Started By
Message
Tanking 401k
Posted on 9/23/22 at 10:32 pm
Posted on 9/23/22 at 10:32 pm
I’m down over $200,000 since November in my 401k. There isn’t one fund available in my plan that hasn’t lost at least 10 percent year to date. How about you?
54
Posted on 9/23/22 at 10:35 pm to Carnac
Haven't looked for months.... I was down 20% last time I checked.
Edit, haven't looked for 6 months.. I would rather let my wife kick me in the balls than look.
Edit, haven't looked for 6 months.. I would rather let my wife kick me in the balls than look.
This post was edited on 9/23/22 at 10:37 pm
Posted on 9/23/22 at 10:37 pm to Carnac
A lot, but i'm still up. I don't expect that to last to 2024 however, in which case I would have been better off buying nothing but bitcoin for the last 10 years despite it's crash.
Posted on 9/23/22 at 10:37 pm to Carnac
Down over 18% since January. About to lose all of the gains I made during the Trump years. It's going to be a rough few years.
This post was edited on 9/23/22 at 10:38 pm
Posted on 9/23/22 at 10:38 pm to USMCguy121
My crypto is hammered. I checked that and I am down in some 80 percent. That is a loss, minus my Bit and Eth.
Posted on 9/23/22 at 10:39 pm to Carnac
Subtle brag
Posted on 9/23/22 at 10:42 pm to Riverside
quote:
Down over 18% since January. About to lose all of the gains I made during the Trump years. It's going to be a rough few years.
How convenient.
Posted on 9/23/22 at 10:45 pm to Carnac
I took everything out two months ago and placed it in a money market account. It felt toppy at the time and I knew inflation was going to hit hard this fall. All current proceeds are just going into the same money market account. If we can get gridlock in DC I will probably get back into the market around 1Q23.
Posted on 9/23/22 at 10:46 pm to Carnac
You don’t need that money. Govt will provide you with a pod and bugs to eat
Posted on 9/23/22 at 10:47 pm to aubie101
quote:
My crypto is hammered. I checked that and I am down in some 80 percent. That is a loss, minus my Bit and Eth.
Same here but I never had a large stake in crypto.
Posted on 9/23/22 at 10:49 pm to GumboPot
I’d really like to know how much wealth has been lost in the last 6 months.
Posted on 9/23/22 at 10:49 pm to Carnac
I'm not looking right now. Last I checked it was bad.
Are you close to retirement?
Are you close to retirement?
Posted on 9/23/22 at 10:51 pm to Carnac
Now is the time to hold the line. Keep buying and you will make some dough
Posted on 9/23/22 at 10:52 pm to LordSaintly
I’m 55. I have time to make it back but everyone has lost a couple years back of growing their retirement plans. 2 years gone that we will never get back.
Posted on 9/23/22 at 10:59 pm to Carnac
Learn how to invest. 100% in the market and up 3.7% in my 401k
Posted on 9/23/22 at 11:05 pm to aubie101
quote:
My crypto is hammered. I checked that and I am down in some 80 percent. That is a loss, minus my Bit and Eth.
Same. Buying up bitcoin every week stacking them sats. Got my ether making money after the merge. I'm not upset about my crypto situation long term. Don't really think about it any other way.
Posted on 9/23/22 at 11:05 pm to Dgarne2
Michael Burry told all of y'all to take every bit of your investments out of the market 10 months ago.
Amazing how no one listens to this man, still....
Amazing how no one listens to this man, still....
Posted on 9/23/22 at 11:07 pm to Jack Ruby
In a world with Jim Cramer in it, you really have to ask this question?
Posted on 9/23/22 at 11:08 pm to Carnac
I hadn’t checked all year but felt the need to finally look two days ago. Down 22% YTD. I almost threw up, but just keep telling myself it’ll recover by the time I’m ready to retire many years down the road.
Posted on 9/23/22 at 11:12 pm to Carnac
Idc I got 20 years left before I retire , probably will get rid of 401k scam in long run anyway
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