401K Performance

[HollandMan73]

Agree 100%

 

[brownmonster]

If you're close to retirement and you don't have a significant portion of your portfolio in cash/bonds especially after the last crash then you don't have a good plan. If the market drops 30% I'm in a pretty good position to take advantage of it.

I plan on living 30+ years after I retire. Pretty good chance of a rebound in that span.

 

[Brown echo]

 

[Catatonic]

I was wondering how everybody's 401k performed in general in 2015? Mine was a dismal -0.74 percent.

401k was 4.54 % but my outside investments gathered 11.1 %.
My financial advisor was really happy when he reviewed this with me.
He said his other clients were down.
It just so happened my mix of Muni bonds and High dividend yield large cap stocks was in a sweet spot.
Who knows about next month?

 

[Fred Forbush]

Is that 27% or less than 1 percent? Mine only made 8%.

Less than 1%.

 

[twoweeled]

-0.20 for the year.
No worries, good time to buy right?

Not if your 65! lol

 

[realbrown1]

Not if your 65! lol

What?

Don't think you will make it to 66?

 

[olroadbeech]

Agree 100%

i concur 100 percent.

 

[olroadbeech]

Guess we'll see in six months or so.....if the market drops 30% and your 400k 401k turns into 280k....especially if your close to retirement.....that can be a real problem. I know plenty of people that "lost" half their retirement in the last crash. Yes it came back......but only after 4 trillion dollars was injected in the economy! Don't see that happening next time.....

i wonder about that a lot. since it worked on paper last time i am sure they will do it again even though we are all paying for their printing presses with inflation. even though i am retired i still havent touched my 401k.

if we have another 40 percent drop like 2008 i would try to ride it out but we would sweat it a lot more. we can get by on the pension alone but it would be scary if those losses dont come back next time.

 

[UpstateNYUPSer(Ret)]

i wonder about that a lot. since it worked on paper last time i am sure they will do it again even though we are all paying for their printing presses with inflation. even though i am retired i still havent touched my 401k.

if we have another 40 percent drop like 2008 i would try to ride it out but we would sweat it a lot more. we can get by on the pension alone but it would be scary if those losses dont come back next time.

Gains or losses are only realized when it comes time to access your account or sell any holdings.

 

[IVE GOTTA PACKAGE 4U]

i wonder about that a lot. since it worked on paper last time i am sure they will do it again even though we are all paying for their printing presses with inflation. even though i am retired i still havent touched my 401k.

if we have another 40 percent drop like 2008 i would try to ride it out but we would sweat it a lot more. we can get by on the pension alone but it would be scary if those losses dont come back next time.

That's why you don't put all of your eggs in one basket.

 

[BakerMayfield2018]

That's why you don't put all of your eggs in one basket.

Why not, it's easier to carry them that way.

 

[IVE GOTTA PACKAGE 4U]

Why not, it's easier to carry them that way.

Ask @Shifting Contents

 

[BakerMayfield2018]

Gains or losses are only realized when it comes time to access your account or sell any holdings.

My dad will on occasion , after a big day , take some of gains for that day and buy a vehicle, cash.

 

[BakerMayfield2018]

Ask @Shifting Contents

Nope. He is a d* who dosent like pumpkin flavor.

 

[olroadbeech]

Gains or losses are only realized when it comes time to access your account or sell any holdings.

yes, i understand but if the market does not come back like last time then they are real losses.

 

[1989]

That's why you don't put all of your eggs in one basket.

You can put some in my basket.

 

[twoweeled]

What?

Don't think you will make it to 66?

I don't think a bad market will recover from 65 to 66.

 

[1989]

Gains or losses are only realized when it comes time to access your account or sell any holdings.

Why ride the market down? Take gains when you get them. Don't be a pig. It sucks to round trip after having 30-40% gains.

 

[IVE GOTTA PACKAGE 4U]

You can put some in my basket.

My wife might have something to say about that.