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View Full Version : Who has seen losses in their IRA/401k?


tony
10-10-2008, 09:01 PM
Just making a point here, anyone seen a significant loss in the past couple of weeks?

Mine has lost about $5000 in the past two weeks, about 1/3rd of my entire 401k.
noodle
10-10-2008, 10:05 PM
I've lost about 37%. Last January I had about 180K........Today it has 120K. Yeah I really feel like I'm getting :idb: but I have 20 years until I want to retire. Stocks will eventually go back up.
chrisdavis
10-11-2008, 08:40 PM
I havent bothered to look. Almost all my 401k is in agressive growth. I have plenty of time to lose everything and gain it back multiple times over. So why look and panic :D
SampaGuy
10-12-2008, 02:09 AM
Down 33%, but im not worrying about it,
tony
10-12-2008, 09:16 AM
I havent bothered to look. Almost all my 401k is in agressive growth. I have plenty of time to lose everything and gain it back multiple times over. So why look and panic :D

I'm not saying look and panic, theres a member here that says nobody should be seeing losses in their portfolio because their family member has not..

I made the point that someone that is looking to retire off of their 401k in the next year or so just got set back quite a bit in the past few weeks.
ksniperfox
10-12-2008, 09:53 AM
i just started mine earlier this year, but its gone from 2400 down to 1900.

about 25%.
cobalt9123
10-12-2008, 12:15 PM
haha try stocks.
Wen't from 2073 to 1294.
about 40-45%
but i'm only 17 so I'll gain it back.
chrisdavis
10-12-2008, 08:06 PM
I'm not saying look and panic, theres a member here that says nobody should be seeing losses in their portfolio because their family member has not..

I made the point that someone that is looking to retire off of their 401k in the next year or so just got set back quite a bit in the past few weeks.


LOL If I looked at it now I would probably panic. So I choose not to look at mine, I know Im taking a big hit right now.
ksniperfox
10-13-2008, 08:32 AM
LOL If I looked at it now I would probably panic. So I choose not to look at mine, I know Im taking a big hit right now.


pu$$y
Sammich
10-13-2008, 08:33 AM
i dont put much into it..so..
JennB
10-13-2008, 09:50 AM
Yes, I have taken a loss of about 25% but 401K is a long term investment and I plan to stick it out and regain my losses.
tony
10-13-2008, 09:57 AM
Yes, I have taken a loss of about 25% but 401K is a long term investment and I plan to stick it out and regain my losses.

What about someone getting ready to retire who werent invested in bonds?
JennB
10-13-2008, 10:09 AM
They should talk to a professional investment manager. People who are very close to retirement are in the worst position of all right now. Those of us with 30+ years to retirement should not be freaking out.
Sammich
10-13-2008, 10:11 AM
that's what was recommended on the news...
AlanŽ
10-13-2008, 11:46 AM
that's what was recommended on the news...
What bonds? My grandma saw all this coming and switched about a 1 1/2-2 months ago a big portion of her portfolio to bonds.
Julio
10-22-2008, 05:57 PM
I lost 27%.... Not happy.. but hey, got alot of time to get that back.. Just keep OBAMA out. lol.
Member31410
10-23-2008, 05:10 AM
I lost 27% also. :(
jwrape
10-23-2008, 06:45 AM
I've lost over $16k:(
chnco
10-23-2008, 12:40 PM
I'm in the positive, but I wasn't in a very aggressive portfolio at all. None invested in stock, all bonds and treasury bills essentially.
C22H19N3O4
10-24-2008, 07:32 AM
Down 17%.
Sam C.
10-24-2008, 09:24 AM
I'm not saying look and panic, theres a member here that says nobody should be seeing losses in their portfolio because their family member has not..

I made the point that someone that is looking to retire off of their 401k in the next year or so just got set back quite a bit in the past few weeks.

Whoever said that clearly doesn't understand 401K's. The whole point of a 401K is the reduce individual stock risk and only assume market risk through diversification.

401K's are like boats in bay that rise and fall with the tides. As the water rises (market) so do the boats (401K).

BTW, I'm down 39% as of 10am EDT today.
David88vert
10-24-2008, 03:15 PM
I luckily managed to keep from taking to bad of a hit, but now I am aggressively buying as much as I can afford. You have to take advantage while the prices are down to get as many shares of goold stock as you can afford. When stock prices get high, bond prices will be low, so buy them up then.
One_Bad_SHO
10-24-2008, 03:53 PM
-20.48% this year