Consumerism Commentary - Latest Comments in My First Quarter 401(k) Results Are In

Re: My First Quarter 401(k) Results Are In

M.E.L. — Thu, 10 Apr 2008 21:31:21 -0000

My husband's TIAA-CREF 401K lost $17,000 this quarter and $6000 was lost the previous quarter. We are scared to death, as he will be 60 in June and I am two years behind him. We need time on our side now and have no time to wait while our savings dwindle away right when we need them. We still have three kids in college so cannot save otherwise. Two will graduate this May, though. It is horrible, and I don't HAVE thirty years to hide my head in the sand. I need it to get better NOW because kids' college took all our other savings. I feel like it's almost October 1929.

Re: My First Quarter 401(k) Results Are In

mapgirl — Thu, 10 Apr 2008 08:53:59 -0000

What if you were up 37% for the previous 3 years? Would that make you feel any better? *winky*

I'll live witha Q1 loss since I'm still up over the duration of the investment. At least in one of my 401k rollover accounts...

Re: My First Quarter 401(k) Results Are In

PT — Thu, 10 Apr 2008 01:55:50 -0000

I'm all in Schwab Mng Ret. Trust 2040 Cl III.

My cumulative personal rate-of-return during this Q1 period: -3.1%. So, I'm not as bad off.

The good thing is, if you take it month by month, the ror is trending upward. We're headed for higher ground soon, I think.

And yes, you're right....it's best just not to look at it. :)

Re: My First Quarter 401(k) Results Are In

Frankie — Thu, 10 Apr 2008 01:02:25 -0000

Mine is down 8.9% for the year.
The stock price of my company has been declining the moment I owned the first share, now it's below the 15% discount price of where I bought. Sigh... My income depends on my company as well.

Re: My First Quarter 401(k) Results Are In

Curt — Wed, 09 Apr 2008 22:28:16 -0000

I moved to bonds last October for safety ... holding at 2%. But the dropping value of the dollar puts me at -2%.

Re: My First Quarter 401(k) Results Are In

punkcoder — Wed, 09 Apr 2008 21:13:40 -0000

Just checked mine on the Fidelity web site, -7% for the year.