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/biz/ - Business & Finance

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53361683

Anonymous Fri Jan 20 19:39:36 2023 No.53361683 [Reply] [Original]

my 401k has lost money ytd. how is this possible isnt it just money deposited into a savings account or something

>>	Anonymous Fri Jan 20 19:40:51 2023 No.53361704 >>53361683 No it is invested in stocks dumdum

>>	Anonymous Fri Jan 20 19:41:56 2023 No.53361718 >>53361704 wtf. im such a brainlet

>>	Anonymous Fri Jan 20 19:42:40 2023 No.53361735 Ytd is like 3 weeks that's literally nothing. Check your asset allocation. If you're under like 50 it should be almost all stocks. With your understanding of investment, I recommend a target date fund.

>>	Anonymous Fri Jan 20 19:50:54 2023 No.53361873 >>53361735 i just realized 20% of my 401k is in a Bond Index Fund

>>	Anonymous Fri Jan 20 20:05:04 2023 No.53362122 File: 121 KB, 873x613, grubhub.jpg [View same] [iqdb] [saucenao] [google] >>53361873

>>	Anonymous Fri Jan 20 20:05:34 2023 No.53362137 >>53361873 bonds are good, it probably saved your 401k.

>>	Anonymous Fri Jan 20 20:06:58 2023 No.53362171 >>53361873 That is probably outperforming the rest of your portfolio.