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My 401k is cranking like it ain't no thang..

Discussion in 'Economics, Business, and Taxes' started by PhilFish, Dec 13, 2019.

  1. PhilFish

    PhilFish Administrator Staff Member

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    I do a quarterly check.. sometimes rebalance..

    average for sometime has been in the 13% ... yypically in the 11% return rate..

    i just opened it to check and 25.66%

    holy $%(#...

    I..er..ah...uh.. gotta study this..
     
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  2. Woolleybugger

    Woolleybugger Mayor

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    no one makes a dime until you sell.
     
  3. marvin martian

    marvin martian Senator

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    My 401K performance is at 19.8% for the year. My other retirement accounts, where I have more flexibility to increase risk, are at around 23%. It's been a good year.
     
  4. bdtex

    bdtex Administrator Staff Member

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    I check the value monthly. I started my retirement savings at 30 years old. Screwed around in my 20's. It's a damn shame how many people have no retirement savings. I wasn't making a lot of money when I started but I put in the max I could. That shiite adds up over a few decades.
     
  5. PhilFish

    PhilFish Administrator Staff Member

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    So do the decades. :(:(
     
  6. bdtex

    bdtex Administrator Staff Member

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    That's ok bro! Beats the alternative. Living is good.
     
  7. PhilFish

    PhilFish Administrator Staff Member

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    You're right. Not much positive press on the alternative.o_O
     
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  8. Sunset Rose

    Sunset Rose Mayor

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    What are you invested in?
     
  9. Marcus Aurelius

    Marcus Aurelius AMERICAN, as in United States of... Supporting Member

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    you got me beat. My 1 yr rate of return is only 22.6%

    in the last 3 years, my 401K has nearly doubled in size.
     
  10. Marcus Aurelius

    Marcus Aurelius AMERICAN, as in United States of... Supporting Member

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    I started late myself, only when I hit 40.....told my kids not to f around and start as soon as they can.
     
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  11. Bo Didleysquat

    Bo Didleysquat Council Member

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    So your value is decided by someone else and you all check in. Fweedumb.
     

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