Current Events > 401k Rate of Return: -24.21% YTD

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IdiotMachine
09/30/22 10:20:54 PM
#1:


Oof... that hurts.

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__aCEr__
09/30/22 10:22:49 PM
#2:


It's a retirement account. Check it again in a few decades.

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IdiotMachine
09/30/22 10:24:09 PM
#3:


__aCEr__ posted...
It's a retirement account. Check it again in a few decades.
I mean... I could've just not put any money in it this entire year and it would've been better.

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fan357
09/30/22 10:33:34 PM
#4:


For one year? Yes. For several years and decades no lol.

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sabin017
09/30/22 10:38:10 PM
#5:


at least your employer's contributing
your employer's contributing, right?

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IdiotMachine
09/30/22 10:41:09 PM
#6:


I legit think I'm going to just pull some money out of my Roth IRA and put it in I bonds.

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JuanCarlos1
09/30/22 10:42:29 PM
#7:


Didn't you make this topic already and people told you this is the best time to keep investing?

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IdiotMachine
09/30/22 10:43:51 PM
#8:


JuanCarlos1 posted...
Didn't you make this topic already and people told you this is the best time to keep investing?
No.

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JuanCarlos1
09/30/22 10:45:59 PM
#9:


IdiotMachine posted...
No.

Well somebody did and was advised the same since your money goes farther than before.

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HudGard
09/30/22 10:48:11 PM
#10:


Thats your current market cash value that went down. But you still have the same amount of shares. Try to think in those terms. Quantity over value.

Also many of those shares probably generate more money in the form of dividends and interest which in turn is being reinvested for more (now cheaper) shares.
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Cocytus
09/30/22 10:49:18 PM
#11:


It's sad.
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