Black Tuesday lo$$

TXHokie

Platinum Member
Nov 16, 1999
2,557
173
106
So my piddly 401k took a $6k dip. Let's hear how much you ATOT millionaires lost on Tuesday so I can feel better
 

ChaoZ

Diamond Member
Apr 5, 2000
8,909
1
0
Wow, never knew that the stock markets affects you're 401k. I need to learn more about finance.
 

Kreon

Golden Member
Oct 22, 2006
1,329
0
0
I got my fixed rate CD at the bank
Bet the awesome interest goes down tomorrow

Im lucky
 

FoBoT

No Lifer
Apr 30, 2001
63,089
12
76
fobot.com
Originally posted by: ChaoZ
Wow, never knew that the stock markets affects you're 401k. I need to learn more about finance.

don't let them trick you, when my contribution from tomorrow's paycheck goes into my funds, i'll be able to buy more shares at the new lower prices

so as long as you are buying all the time and in long term, you'll have a nice retirement fund
 

LordSnailz

Diamond Member
Nov 2, 1999
4,821
0
0
anyone else have fidelity? Is there a place to tell you what your annualized yearly return is? I wanted to check last year and this year as well, I remember seeing it somewhere but can't seem to find it anywhere right now
 

hjo3

Diamond Member
May 22, 2003
7,354
3
0
My portfolio is down 3.53% from yesterday. I guess that's slightly worse than the market as a whole (quote I saw on the news was -3.3%).
 

Jadow

Diamond Member
Feb 12, 2003
5,962
2
0
It sucks that it went down so much, but in the long run, 30 years down the road, it won't matter. I'm buying in over $1500 a month between retirement and non-retirement accounts, so I'm buyin in when they're down.
 

Aimster

Lifer
Jan 5, 2003
16,129
2
0
I lost around 15 million

but PAB probably lost 30 million. Tomorrow he will create a thread on how he got it all back and even doubled it in the process
 

Queasy

Moderator<br>Console Gaming
Aug 24, 2001
31,796
2
0
Originally posted by: FoBoT
Originally posted by: ChaoZ
Wow, never knew that the stock markets affects you're 401k. I need to learn more about finance.

don't let them trick you, when my contribution from tomorrow's paycheck goes into my funds, i'll be able to buy more shares at the new lower prices

Good point. There will be a lot of buyers tomorrow because of 401k contributions.

 

Johnlee

Platinum Member
Oct 10, 1999
2,007
1
0
Weird, I was just going to ask why my 401k has gone up? I just recently move most of it from the safe to risky side. Maybe I screwed up...
 

FoBoT

No Lifer
Apr 30, 2001
63,089
12
76
fobot.com
Originally posted by: Johnlee
Weird, I was just going to ask why my 401k has gone up? I just recently move most of it from the safe to risky side. Maybe I screwed up...

the bond market rallied today (went "up") , do you hold any bond funds?
 

Accipiter22

Banned
Feb 11, 2005
7,947
2
0
Originally posted by: Aimster
I lost around 15 million

but PAB probably lost 30 million. Tomorrow he will create a thread on how he got it all back and even doubled it in the process

I :heart: PAB
 
Sep 29, 2004
18,665
67
91
Main account down 2.6%

Roth down 2.98%

401K down 3.53%

And I have a bunch of nakeed puts. NOt worried about those quite yet though.
 
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