Laugh but that candy crush IPO is. Being stuffed intoyour retirement fund

[jpiniero]

Speaking of retirement funds, I checked my 401k today. YTD investment gain of 0.08%. That's good, right?

 

[alkemyst]

Speaking of retirement funds, I checked my 401k today. YTD investment gain of 0.08%. That's good, right?

Not if you are young.

You should be in funds yielding much higher if young.

Once you are older and/or have a sizable fund already, then going safe makes sense.

What funds are you in and what are your options?

 

[Pr0d1gy]

It's OK.

Wall Street knows what it's doing to ensure I am financially stable and sound for retirement.

lmfao!!!! I am still amazed that the general populace even allows these schemes to be forced on them by their employers, especially after the 2008 crash.

 

[alkemyst]

lmfao!!!! I am still amazed that the general populace even allows these schemes to be forced on them by their employers, especially after the 2008 crash.

You sound like a guy without retirement benefits at your place of employment.

 

[jpiniero]

Not if you are young.

You should be in funds yielding much higher if young.

Once you are older and/or have a sizable fund already, then going safe makes sense.

What funds are you in and what are your options?

An update, I am now down 0.7% investment wise for the year. Actually the problem has been the "growth" funds. Sold one growth fund and replaced it with a stock and bond fund. TBH, it doesn't really matter in the long run since the only people who make money long term is the financial companies and Wall Street.

 

[DaveSimmons]

An update, I am now down 0.7% investment wise for the year. Actually the problem has been the "growth" funds. Sold one growth fund and replaced it with a stock and bond fund. TBH, it doesn't really matter in the long run since the only people who make money long term is the financial companies and Wall Street.

That's only true if you day trade. With gambling the house always wins.

That's 100% wrong if you buy and hold stock index funds forever. Over decades you get growth plus dividends compounded. Since you are holding them instead of trying to time the market you ride out any recessions, bubbles, and panics.

Buy, hold, change future buying allocations to rebalance. Retire a millionaire, not that having a few million will mean that much in 30 years.

 

[alkemyst]

An update, I am now down 0.7% investment wise for the year. Actually the problem has been the "growth" funds. Sold one growth fund and replaced it with a stock and bond fund. TBH, it doesn't really matter in the long run since the only people who make money long term is the financial companies and Wall Street.

Definitely not true. Without knowing what you have picked for funds there is no way we can tell you what's up.

Over the course of 10+ years all my investments have shown steady increases with the best funds at 20%-30% at times.

One of the investments ($10k) I made in a Vanguard fund in 2012 was at 14K by 2013.

If you are young or already have your retirement set, then bonds make sense. Otherwise you should be in 'higher risk' funds comprised mostly of stocks.