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Reply to "Checked 401K today after not looking in 3 months"
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[quote=Anonymous][quote=Anonymous]Ugh. I looked at my 401K today after not looking for months. I max out every year (with catch up since I'm in my 50s) and every penny I've put towards it this year is gone, plus an additional $100 grand. So around $125K down since the start of the year. Is this thing going to turn around? And I know that some are going to say that I'm thinking about it wrong, that every cent of my paycheck that I've sent to my 401K this year means I'm buying deeply discounted stocks, etc. It just still feels like a gut punch to see that I'm $125K down. Others who want to commiserate? [/quote] The only thing I’m commiserating is that I have to share a country with idiots like you. We have a minor market downturn and you are crying? We are up ~20% from pre-pandemic highs. We are up 100% from early 2016. Hell, we are still positive from Biden’s inauguration date despite the utter mess that he was handed.[/quote]
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