Current Events > My 401K Rate Of Return this year -3.54 %

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monkmith
12/07/18 1:17:38 PM
#51:


Smashingpmkns posted...
At least we'll have social security to fall back o-HAHAHAHA

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1337toothbrush
12/08/18 10:15:24 AM
#52:


I'm up about 2% because I timed the market which people said I shouldn't do.
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Paragon21XX
12/08/18 10:20:07 AM
#53:


Are you in retirement or retiring soon? No? Then why does it matter? Investing during a bear market means you have that much better gains during a bull market.
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Hmm...
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Antifar
12/08/18 10:20:55 AM
#54:


Replacing pensions with 401ks was a mistake
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kin to all that throbs
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dirtycommunist
12/08/18 10:21:35 AM
#55:


-4.54%

Get on my level.

But it's ok. Stocks go up, stocks go down. I ain't touching my 401k for another ~30 years, so it doesn't much matter how it's looking today.
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***not actually a communist, only dirty on occasion
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Error1355
12/08/18 10:21:44 AM
#56:


Paragon21XX posted...
Are you in retirement or retiring soon? No? Then why does it matter?

I like seeing numbers go up. Seeing them go down makes me a sad boi.

Antifar posted...
Replacing pensions with 401ks was a mistake

I'm glad I get both at my company lol.
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The Popo
12/08/18 10:24:33 AM
#57:


Just means that you can invest at lower prices before it goes back up.
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EliteC
12/08/18 10:26:30 AM
#58:


Antifar posted...
Replacing pensions with 401ks was a mistake


No it wasnt. This is exactly what was intended to happen
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FLUFFYGERM
12/08/18 10:27:28 AM
#59:


Pensions are not bullet proof. See: Illinois pension problems.
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MonkeySee
12/08/18 10:31:16 AM
#60:


I always knew not having a 401K would come in handy someday. Smh at all of you losing money.
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apocalyptic_4
12/08/18 11:07:50 AM
#61:


I'm at -4.9%

Earlier this year it up 3%
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1337toothbrush
12/08/18 11:10:42 AM
#62:


MonkeySee posted...
I always knew not having a 401K would come in handy someday. Smh at all of you losing money.

You're not going to lose all of your money in a 401k unless entire sectors that you're invested in go away, which means much bigger problems affecting more than just 401ks. Also, the money you put in is pre-tax so you save a lot if that money would've been taxed at higher brackets. On top of that, you'd be stupid to not hit the company match if they have one because that instantly doubles your money, giving you an instant 100% return on investment, tax-free until withdrawal.
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MonkeySee
12/08/18 11:15:40 AM
#63:


1337toothbrush posted...
MonkeySee posted...
I always knew not having a 401K would come in handy someday. Smh at all of you losing money.

You're not going to lose all of your money in a 401k unless entire sectors that you're invested in go away, which means much bigger problems affecting more than just 401ks. Also, the money you put in is pre-tax so you save a lot if that money would've been taxed at higher brackets. On top of that, you'd be stupid to not hit the company match if they have one because that instantly doubles your money, giving you an instant 100% return on investment, tax-free until withdrawal.

I blue-collar, son. I don't retire, I just go until my body breaks down and then drown myself in liquor mooching off my kids when I'm no longer capable of contributing.
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FLUFFYGERM
12/08/18 12:00:42 PM
#64:


MonkeySee posted...
1337toothbrush posted...
MonkeySee posted...
I always knew not having a 401K would come in handy someday. Smh at all of you losing money.

You're not going to lose all of your money in a 401k unless entire sectors that you're invested in go away, which means much bigger problems affecting more than just 401ks. Also, the money you put in is pre-tax so you save a lot if that money would've been taxed at higher brackets. On top of that, you'd be stupid to not hit the company match if they have one because that instantly doubles your money, giving you an instant 100% return on investment, tax-free until withdrawal.

I blue-collar, son. I don't retire, I just go until my body breaks down and then drown myself in liquor mooching off my kids when I'm no longer capable of contributing.


Self employed people can still contribute to retirement accounts and you'll also get social security income at retirement age.
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Eat communists.
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Error1355
12/08/18 12:01:20 PM
#65:


FLUFFYGERM posted...
you'll also get social security income at retirement age.

lol ok sure
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FLUFFYGERM
12/08/18 12:03:42 PM
#66:


Error1355 posted...
FLUFFYGERM posted...
you'll also get social security income at retirement age.

lol ok sure


It's not going anywhere, my dude.
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Eat communists.
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kyujo
12/08/18 12:06:13 PM
#67:


I'm about -7.5%... but yeah, just means those areas I'm in will be cheaper to get for a while

FLUFFYGERM posted...
Error1355 posted...
FLUFFYGERM posted...
you'll also get social security income at retirement age.

lol ok sure


It's not going anywhere, my dude.

Who are you and what have you done with the real fluffy
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CapnMuffin
12/08/18 12:07:39 PM
#68:


Mine too. -2.something

Darkman124 posted...
clearaflagrantj posted...
My crypto portfolio is down like 80% so it could be worse.


hey, there IS something worse than my net return on GE. neat!

Oh yeah you dropped like 40 on that didnt you?
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