Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Off-Topic
Reply to "how much are you losing, per quarter, on your 401K? "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think about it as buying low...[/quote] +1. [/quote] +2. I don't even look at the statement, because we're in it for the long-term. Anyway, most investment options did terribly over the past 10 years. If you had bought real estate 10 years ago, you'd probably be in even worse shape, especially if you bought it outside the DC area. To the PP who is buying real estate, it's not a horrible idea if it turns out that you bought low in the past year, but you also need some diversification because that market may not have shaken out yet, and real estate prices could drop some more, plus if you hate 401(k) fees, have you stopped to look at closing costs, not to mention the high (10%? 20%?) penalties for early withdrawal on your 401(k)s. Yes, 401(k) fees can suck. It's best to stick to indexed (as opposed to managed) funds. We need more transparency in fee disclosure. These outrageous fees are a good reason against privatizing Social Security and hand everybody's money over to Wall Street so they can make huge profits while sucking away the returns on our investments.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics