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Thread: Who has seen losses in their IRA/401k?

  1. 10-10-2008, 09:01 PM #1
    tony
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    Default Who has seen losses in their IRA/401k?

    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.
    Last edited by tony; 10-10-2008 at 09:06 PM.
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  2. 10-10-2008, 10:05 PM #2
    noodle
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    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.
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  3. 10-11-2008, 08:40 PM #3
    chrisdavis
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    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
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  4. 10-12-2008, 02:09 AM #4
    SampaGuy
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    Down 33%, but im not worrying about it,
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  5. 10-12-2008, 09:16 AM #5
    tony
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    Quote Originally Posted by chrisdavis
    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
    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.
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  6. 10-12-2008, 09:53 AM #6
    ksniperfox
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    i just started mine earlier this year, but its gone from 2400 down to 1900.

    about 25%.
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  7. 10-12-2008, 12:15 PM #7
    cobalt9123
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    haha try stocks.
    Wen't from 2073 to 1294.
    about 40-45%
    but i'm only 17 so I'll gain it back.
    I'll whistle while you whine.
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  8. 10-12-2008, 08:06 PM #8
    chrisdavis
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    Quote Originally Posted by tony
    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.
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  9. 10-13-2008, 08:32 AM #9
    ksniperfox
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    Quote Originally Posted by chrisdavis
    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
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  10. 10-13-2008, 08:33 AM #10
    Sammich
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    i dont put much into it..so..



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  11. 10-13-2008, 09:50 AM #11
    JennB
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    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.
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  12. 10-13-2008, 09:57 AM #12
    tony
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    Quote Originally Posted by JennB
    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?
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  13. 10-13-2008, 10:09 AM #13
    JennB
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    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.
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  14. 10-13-2008, 10:11 AM #14
    Sammich
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    that's what was recommended on the news...



    Quote Originally Posted by Sinfix_15 View Post
    You travel with so much luggage that it wont fit in a wagon? you dating a kardashian?
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  15. 10-13-2008, 11:46 AM #15
    AlanŽ
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    Quote Originally Posted by Sammich
    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.
    Quote Originally Posted by AlanŽ
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  16. 10-22-2008, 05:57 PM #16
    Julio
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    I lost 27%.... Not happy.. but hey, got alot of time to get that back.. Just keep OBAMA out. lol.
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  17. 10-23-2008, 05:10 AM #17
    Member31410
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    I lost 27% also.
    2005 Dodge Neon SRT-4
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  18. 10-23-2008, 06:45 AM #18
    jwrape
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    I've lost over $16k
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  19. 10-23-2008, 12:40 PM #19
    chnco
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    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.
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  20. 10-24-2008, 07:32 AM #20
    C22H19N3O4
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    Down 17%.
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  21. 10-24-2008, 09:24 AM #21
    Sam C.
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    Quote Originally Posted by tony
    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.
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  22. 10-24-2008, 03:15 PM #22
    David88vert
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    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.
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  23. 10-24-2008, 03:53 PM #23
    One_Bad_SHO
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    -20.48% this year
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