Reply to How much have you made in the stock market since 2020?

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Reply to "How much have you made in the stock market since 2020?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How are these gains possible? My 401k portfolio took a massive hit in late 2022 and is just now recovering to 2021 levels. I’m well diversified — 90/10 stock/bond mix. I must be doing something wrong. My accounts definitely have not doubled in value. [/quote]

The people making big gains don’t have their money in a 401k. 401ks typically offer only a bunch of index funds and have restrictions on trading, like you can’t move your money for two weeks after a trade. Investors with money in personal IRAs and brokerage accounts trade stocks, ETFs and options that focus on the hot trades - technology, AI, Bitcoin, etc. [/quote]

I saw references to retirement plans and 529s in some of the responses, so wasn’t sure if people were including 401ks in the numbers. But makes sense if not. [/quote]

You would be correct. And don’t forget you can buy individual stocks, etc in a Roth IRA and potentially do very well and not have to pay the tax man.[/quote]

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