401k returns

[Kelvrick]

I actually gained $10.48 since 10/31/2008!!

Otherwise, down 22%

EDIT: I'm guessing the gain is only because of the recent contributions from my paycheck.

 

[LikeLinus]

-20% at this point.

 

[Dulanic]

Originally posted by: Naustica

Originally posted by: Dulanic
Personal Rate of Return from 01/01/2008 to 11/12/2008 is -45.1%

No biggie, just ride it out.

Yeah you just need 82% return to get back to par. It's no biggie.

So what am I supposed to do? Be an idiot and change it now? Freak out? Ride it out, all you can do at this point.

 

[iotone]

yay -54.82%

 

[scorp00]

-8.2%, new job that I just started at the end of Sept. For the first time in my life I'm contributing more than the min to get the match, I have it maxed out to grab some cheap stock. I also put $5000 into a roth this week, for once in my life procrastination looks like it might pay off.

 

[randay]

Originally posted by: Dulanic

Originally posted by: Naustica

Originally posted by: Dulanic
Personal Rate of Return from 01/01/2008 to 11/12/2008 is -45.1%

No biggie, just ride it out.

Yeah you just need 82% return to get back to par. It's no biggie.

So what am I supposed to do? Be an idiot and change it now? Freak out? Ride it out, all you can do at this point.

what about moving into funds that have taken a bigger hit then the ones you were already in? that is unless you are like me and were already in some pretty aggresive funds.

 

[AlienCraft]

I'm only down -4.94% because I had quit the market and went all into cash and bonds earlier in the year.
I was several months behind Bob Brinker's call to bolt.
I'm also going to be several months behind Warren Buffet's call to go all in on the market, although I have increased my allocation recently.
At the first of the year , the employer matching starts up again, and that is when I will go in more. Other People's money and all that.

 

[SearchMaster]

Originally posted by: Chunkee
my father (retired) is down hundreds of thousands.

I'm down hundreds of thousands as well but have 20 years until retirement.

 

[thepd7]

Originally posted by: Chunkee
my father (retired) is down hundreds of thousands.

This baffles me. Why the hell would you keep money in stocks when you are retired? Your money should be completely liquid if you are within 5-10 years of needing it.

My Grandmother (76) did the same thing. I had no idea or I would have made her fire her financial guy years ago. She sold at the bottom a few weeks ago because she "couldn't afford to lose any more". It pisses me off just thinking about it, people are just idiots when it comes to this.

 

[mb]

-24%

 

[DisgruntledVirus]

-46% which translates to about $3000 this year. At 22 it's not like my retirement will be put off for years, and when it goes back up it will go back up. Unfortunately that $3k still hurts

 

[Scarpozzi]

Last I checked it was 38%. Keep investing in your 401k...stock prices are down. Hopefully it will stay down for months before it bounces back. That way, we can all end up with a lot moer stock for our invested $.

I just hate that things are bad for those who planned on retiring. It's a bad time to pull money out or transfer to other accounts.

 

[edro]

-33%

 

[ZappDogg]

-48.98%

 

[TallBill]

OP needs a class on the stock market

 

[Doboji]

-40.2 here.... /cry

 

[Adul]

-28% here

 

[Trey22]

-38.63% over the last 6 months.

 

[Cattlegod]

Originally posted by: thepd7

Originally posted by: Chunkee
my father (retired) is down hundreds of thousands.

This baffles me. Why the hell would you keep money in stocks when you are retired? Your money should be completely liquid if you are within 5-10 years of needing it.

My Grandmother (76) did the same thing. I had no idea or I would have made her fire her financial guy years ago. She sold at the bottom a few weeks ago because she "couldn't afford to lose any more". It pisses me off just thinking about it, people are just idiots when it comes to this.

I disagree. Only the portion that he will need in the next 10 years should be in bonds. So you are saying to move everything to bonds if you retire at 55? What happens if you live to be 80? That is 25 years of growth you are missing out on.

 

[brxndxn]

-10%..

I had mine 100% in 'stable asset fund' until the market kept falling so I decided to stick it in funds about two weeks ago.. I figured it's a good entry point considering the average person lost 40% or so..

 

[Fritzo]

I moved my 401K funds to captial and cash reserve funds. They're only earning .6% right now, but they're not losing Going to keep them there until this blows over. Before that, I lost 28%

 

[Al Neri]

-71% ytd

no lie

 

[XxPrOdiGyxX]

-47% and staying aggressive

 

[thirtythree]

I'm too lazy to check, but I'm sure it's 40% or more.

 

[evident]

-50.5% woot