My 401k was up an amount equal to 6 weeks of base salary yesterday.

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Jul 21, 2021
7:11:34pm

Tare Truly Addicted User

My 401k was up an amount equal to 6 weeks of base salary yesterday.

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Tare

Previous username: Texas Hold'em
Bio page: Tare
Joined: Aug 8, 2002
Last login: May 13, 2024
Total posts: 20,165 (555 FO)

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Messages

Author

Time

so weird to see 401k swing $500-$600 a day

ChinaFan All-American

7/21/21 7:05pm

I was cashing in a 401k two months ago.

Choke

7/21/21 7:07pm

Or thousands

byuguns55

7/21/21 7:07pm

Or

runitup590

7/21/21 7:55pm

Many regular Americans without huge savings accounts see $20k daily swings.

RdF3

7/21/21 7:08pm

My 401k was up an amount equal to 6 weeks of base salary yesterday.

Tare

7/21/21 7:11pm

Holy crap

TNT

7/21/21 7:16pm

bigger 401ks than me then, or not balanced well. My major investment portfolio doesn't move that much, about +1% per

ChinaFan

7/21/21 7:11pm

Not balanced well? Sorry, when the global stocks swing down 2-3% then up 1-2%

ebv

7/21/21 7:31pm

yeah, not far from retirement, I'm set up pretty conservative

ChinaFan

7/21/21 8:07pm

Targeting 12% annual growth is not conservative.

septicpumper

7/21/21 10:44pm

Yes. That's bonkers. That doubles your money every six years.

ebv

7/22/21 9:11am

<< Deleted >>

Buffalo

7/21/21 7:12pm

Thousand a day? Yep crazy

kotacoug

7/21/21 7:42pm

I am pretty heavy in memes and it is pretty surreal to see 6 months salary up or down on a given day.

MHOP

7/21/21 9:25pm

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