Anonymous wrote:“Tanking the market” = Going down 10 percent and then recovering in less than 2 months.
Someone didn’t live through the dot com bubble or 2008. Ridiculous hyperbole.
Anonymous wrote:Dow all time high was hit Dec 4, 2024
S&P hit an all time high in Feb, has been middling since, was already at 6000 in Dec, 2024, and is only finally getting back to where it was after Trump crashed it
Dow all time high was Dec 20, 2024
We have had 6 months of Trump and are only now getting back to where he was after he led us through a roller coaster with tariff talk, then TACO-ing out.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Has anyone looked at their 401k recently? I’m back to retiring early.
Are you counting contributions as growth?
Of course. I contribute the maximum(including the $7,500 catch up). I wish I could post a screenshot from my Fidelity app. In the last 7 weeks my balance rose over $312,000.
And yet, it is down from last fall. Go figure.
It most certainly is not. It’s at an all time high by quite a bit.
Dow 12/2024 45,014
Dow today 42,860
that is not "at an all time high by quite a bit"
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Has anyone looked at their 401k recently? I’m back to retiring early.
Are you counting contributions as growth?
Of course. I contribute the maximum(including the $7,500 catch up). I wish I could post a screenshot from my Fidelity app. In the last 7 weeks my balance rose over $312,000.
And yet, it is down from last fall. Go figure.
It most certainly is not. It’s at an all time high by quite a bit.
Anonymous wrote:“Tanking the market” = Going down 10 percent and then recovering in less than 2 months.
Someone didn’t live through the dot com bubble or 2008. Ridiculous hyperbole.
Anonymous wrote:Dow all time high was hit Dec 4, 2024
S&P hit an all time high in Feb, has been middling since, was already at 6000 in Dec, 2024, and is only finally getting back to where it was after Trump crashed it
Dow all time high was Dec 20, 2024
We have had 6 months of Trump and are only now getting back to where he was after he led us through a roller coaster with tariff talk, then TACO-ing out.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Has anyone looked at their 401k recently? I’m back to retiring early.
Are you counting contributions as growth?
Of course. I contribute the maximum(including the $7,500 catch up). I wish I could post a screenshot from my Fidelity app. In the last 7 weeks my balance rose over $312,000.
And yet, it is down from last fall. Go figure.
It most certainly is not. It’s at an all time high by quite a bit.
All time high since January perhaps. Mine just recovered all the money that lost in the last couple of months.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Has anyone looked at their 401k recently? I’m back to retiring early.
Are you counting contributions as growth?
Of course. I contribute the maximum(including the $7,500 catch up). I wish I could post a screenshot from my Fidelity app. In the last 7 weeks my balance rose over $312,000.
And yet, it is down from last fall. Go figure.
It most certainly is not. It’s at an all time high by quite a bit.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Has anyone looked at their 401k recently? I’m back to retiring early.
Are you counting contributions as growth?
Of course. I contribute the maximum(including the $7,500 catch up). I wish I could post a screenshot from my Fidelity app. In the last 7 weeks my balance rose over $312,000.
You understand that you are still below where you should be - with those contributions, that's where you would be 6 months ago? The stock market has been stagnant since Trump took office. Look ag the stock market but farther back than April 2025. Do you.... understand that? This really isn't the win you think it is. I'm up too, but I also estimate where I should be given stock market growth and I'm technically behind. Trump has NOT been good for the stock market.
I was stagnant for much of Biden’s term. I’m already a net positive for Trump’s first 5 months.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Has anyone looked at their 401k recently? I’m back to retiring early.
Are you counting contributions as growth?
Of course. I contribute the maximum(including the $7,500 catch up). I wish I could post a screenshot from my Fidelity app. In the last 7 weeks my balance rose over $312,000.
And yet, it is down from last fall. Go figure.
It most certainly is not. It’s at an all time high by quite a bit.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Has anyone looked at their 401k recently? I’m back to retiring early.
Are you counting contributions as growth?
Of course. I contribute the maximum(including the $7,500 catch up). I wish I could post a screenshot from my Fidelity app. In the last 7 weeks my balance rose over $312,000.
You understand that you are still below where you should be - with those contributions, that's where you would be 6 months ago? The stock market has been stagnant since Trump took office. Look ag the stock market but farther back than April 2025. Do you.... understand that? This really isn't the win you think it is. I'm up too, but I also estimate where I should be given stock market growth and I'm technically behind. Trump has NOT been good for the stock market.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Has anyone looked at their 401k recently? I’m back to retiring early.
Are you counting contributions as growth?
Of course. I contribute the maximum(including the $7,500 catch up). I wish I could post a screenshot from my Fidelity app. In the last 7 weeks my balance rose over $312,000.
And yet, it is down from last fall. Go figure.