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401k. I’m long term, but ouch. Login/Join 
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Picture of fwbulldog
posted
Don’t panic. Don’t panic. Don’t panic.

Am I the only one with a less than stellar 401k ytd?


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Posts: 3055 | Location: Round Rock | Registered: February 11, 2004Reply With QuoteReport This Post
Lost
Picture of kkina
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How far down? The DOW is down slightly YTD, all due to the slide the past month. Nothing to panic about yet. October is a notorious correction month for stocks.



ACCU-STRUT FOR MINI-14
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Posts: 17283 | Location: SF Bay Area | Registered: December 11, 2003Reply With QuoteReport This Post
Be not wise in
thine own eyes
Picture of kimber1911
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I had been doing about 10% a year, now I am back to October 2017.

There are a lot of big money Democrats.
This has made me wonder if there is some manipulation being attempted.




“We’re in a situation where we have put together, and you guys did it for our administration…President Obama’s administration before this. We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics,”
Pres. Select, Joe Biden

“Let’s go, Brandon” Kelli Stavast, 2 Oct. 2021
 
Posts: 5300 | Location: USA | Registered: December 05, 2004Reply With QuoteReport This Post
Mensch
Picture of kz1000
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I was up 10% last quarter.


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"Yidn, shreibt un fershreibt"

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-Bomber Harris
 
Posts: 16177 | Location: Ivorydale | Registered: January 21, 2005Reply With QuoteReport This Post
32nd degree
Picture of roarindan
posted Hide Post
I lost $2300 last week


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Posts: 4608 | Location: East Overshoe, second buckle from the top. | Registered: January 20, 2007Reply With QuoteReport This Post
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yes it hurts but it's part of the process

during rough patches like this i typically don't look lol

i did throw some cash into a few stock mutual funds last week after a couple of those crazy down days

------------------------------------


Proverbs 27:17 - As iron sharpens iron, so one man sharpens another.
 
Posts: 8940 | Location: Florida | Registered: September 20, 2004Reply With QuoteReport This Post
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Down about 50k this year. Bought a bunch last week since it was cheap. It's October and we were overdue for a correction, and the fed raised interest rates too much. All will be fine. At least I sold my old house before the rates went up.
 
Posts: 17355 | Location: Lexington, KY | Registered: October 15, 2006Reply With QuoteReport This Post
If you're gonna be a
bear, be a Grizzly!
Picture of Todd Huffman
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I'm down about 2.6 percent for the year. Moneywise, not a great amount, since I don't have a lot in my 401k. But I'm throwing as much as I can into it every paycheck. I don't have that many years left to retire.




Here's to the sunny slopes of long ago.
 
Posts: 3661 | Location: Morganton, NC | Registered: December 31, 2005Reply With QuoteReport This Post
Just because you can,
doesn't mean you should
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You're buying at a discount.
Unless we go into the Great Depression V2 and you need the money now you'll be fine.
Even in the Great Depression, the stock market was back pretty quickly, way before the jobs.
I am concerned that there is some manipulation here due to the elections and that the media is playing this for all it's worth to hurt Trump. Lets see where things are in a month.


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Posts: 10073 | Location: NE GA | Registered: August 22, 2002Reply With QuoteReport This Post
Member
Picture of cooger
posted Hide Post
quote:
Originally posted by fwbulldog:
Don’t panic. Don’t panic. Don’t panic.

Am I the only one with a less than stellar 401k ytd?


I'm down about 5% in October. I don't have much but it does suck losing money. I'm new to this and nervous but everyone has told me to ride it out and it will be ok.
 
Posts: 1538 | Location: Kentucky | Registered: December 05, 2011Reply With QuoteReport This Post
Armed and Gregarious
Picture of DMF
posted Hide Post
quote:
Originally posted by fwbulldog:
Don’t panic. Don’t panic. Don’t panic.

Am I the only one with a less than stellar 401k ytd?
So YTD is weak. How are the last 3 years? 5 years? 10 years? 15 years? 30 years?

Are you running a marathon, or a sprint?


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"He was never hindered by any dogma, except the Constitution." - Ty Ross speaking of his grandfather General Barry Goldwater

"War is the remedy that our enemies have chosen, and I say let us give them all they want." - William Tecumseh Sherman
 
Posts: 12591 | Location: Nomad | Registered: January 10, 2003Reply With QuoteReport This Post
His Royal Hiney
Picture of Rey HRH
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quote:
Originally posted by kimber1911:
I had been doing about 10% a year, now I am back to October 2017.

There are a lot of big money Democrats.
This has made me wonder if there is some manipulation being attempted.



I don’t just focus on the Democrats but the real money people. I have felt the same as you that the stock market is manipulated in the short term purposely for politics.

It’s the same reason smart individuals don’t play foreign currency markets, the central banks play games. If the currency markets can be rigged, why not any specific country’s stock market.



"It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946.
 
Posts: 20363 | Location: The Free State of Arizona - Ditat Deus | Registered: March 24, 2011Reply With QuoteReport This Post
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Stocks are down? Heck no. Stocks are on SALE boys! Buy Buy Buy!


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Posts: 260 | Location: DFW, Texas | Registered: June 01, 2011Reply With QuoteReport This Post
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Maintain that long term mentality. We are currently about 40% market invested with our retirement funds. Goal is to get to 45% for the long term and had been as low as 25% in 2008-12 as I couldn't see an upside. (That decision cost us a bit).
I've added about 5% weighting this year and will add another 5% after the midterms.
Key is to keep in mind your time horizon. Even at 58 we won't need to liquidate any of that 40-45% for at least 10 years. Historically 10 year returns are pretty damn solid.
 
Posts: 2135 | Location: Just outside of Zion and Bryce Canyon NP's | Registered: March 18, 2012Reply With QuoteReport This Post
come and take it
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My long term plan is to work for 16 more years, so I tell myself I am continuing to buy more shares cheap. It's mostly working, but I prefer to see it go up!

When the Fed raises interest rates it sure cools things off for a while. I don't think we need 3 increases next year.




I have a few SIGs.
 
Posts: 2004 | Location: Texan north of the Red River | Registered: November 05, 2003Reply With QuoteReport This Post
Green grass and
high tides
Picture of old rugged cross
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I adj. our portfolio from a more aggressive mix to a bit more of a conservative mix since retirement is on the horizon. Did that a couple of months ago at the height of the market. Since then the dow has gone down more than 2000 pts and the S&P has dropped significantly as well. It has hurt, but guess it would hurt quite a bit more had I left it as it was. .
I was not trying to time the market but felt a down turn was in the offing soon. Hope things level off and move forward in a positive direction.



"Practice like you want to play in the game"
 
Posts: 20052 | Registered: September 21, 2005Reply With QuoteReport This Post
Chip away the stone
Picture of rusbro
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My YTD is -2.52%.

3 yr. is at 11.29% and 8 yr. is 9.66%. Pretty typical, I gather.
 
Posts: 11597 | Registered: August 22, 2008Reply With QuoteReport This Post
Shit don't
mean shit
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On Sale, eh?
Been quite a run since the low in late 2007 / early 2008.

(Note: I am 100% in stocks.)

 
Posts: 5853 | Location: 7400 feet in Conifer CO | Registered: November 14, 2006Reply With QuoteReport This Post
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I feel your short term pain, plus a couple of less than stellar choices on my part have my IRA in a similar place. My 401k is also in the same boat but that portfolio is more varied so it doesn't seem to hurt as much.
I'm in my mid '60's and probably won't be considering retirement for a couple more years at least. Conventional wisdom says I should be migrating to less volatile investments but I don't want to lose money plus any advantageous gains that have been the hallmark of the latest bull run in the market. That and the plausible fear that I will need every penny in retirement(Guns don't grow on trees, and I still need to buy a Glock Roll Eyes)


Bill Gullette
 
Posts: 1576 | Location: Behind the Pine Curtain  | Registered: March 06, 2008Reply With QuoteReport This Post
Green grass and
high tides
Picture of old rugged cross
posted Hide Post
100% stocks. That is awesome 1967 goat. Your investment model is one that is optimistic.

It sounds like you are confident and in the end nothing risked, nothing gained. Right?



"Practice like you want to play in the game"
 
Posts: 20052 | Registered: September 21, 2005Reply With QuoteReport This Post
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