Comments on: My First Quarter 401(k) Results Are In http://www.consumerismcommentary.com/2008/04/09/my-first-quarter-401k-results-are-in/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: M.E.L. http://www.consumerismcommentary.com/2008/04/09/my-first-quarter-401k-results-are-in/#comment-143786 M.E.L. Fri, 11 Apr 2008 01:31:21 +0000 http://www.consumerismcommentary.com/?p=3226#comment-143786 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. 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.

]]> By: mapgirl http://www.consumerismcommentary.com/2008/04/09/my-first-quarter-401k-results-are-in/#comment-143608 mapgirl Thu, 10 Apr 2008 12:53:59 +0000 http://www.consumerismcommentary.com/?p=3226#comment-143608 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... 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…

]]> By: PT http://www.consumerismcommentary.com/2008/04/09/my-first-quarter-401k-results-are-in/#comment-143507 PT Thu, 10 Apr 2008 05:55:50 +0000 http://www.consumerismcommentary.com/?p=3226#comment-143507 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. :) 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. :)

]]> By: Frankie http://www.consumerismcommentary.com/2008/04/09/my-first-quarter-401k-results-are-in/#comment-143494 Frankie Thu, 10 Apr 2008 05:02:25 +0000 http://www.consumerismcommentary.com/?p=3226#comment-143494 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. 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.

]]> By: Curt http://www.consumerismcommentary.com/2008/04/09/my-first-quarter-401k-results-are-in/#comment-143455 Curt Thu, 10 Apr 2008 02:28:16 +0000 http://www.consumerismcommentary.com/?p=3226#comment-143455 I moved to bonds last October for safety ... holding at 2%. But the dropping value of the dollar puts me at -2%. I moved to bonds last October for safety … holding at 2%. But the dropping value of the dollar puts me at -2%.

]]> By: punkcoder http://www.consumerismcommentary.com/2008/04/09/my-first-quarter-401k-results-are-in/#comment-143443 punkcoder Thu, 10 Apr 2008 01:13:40 +0000 http://www.consumerismcommentary.com/?p=3226#comment-143443 Just checked mine on the Fidelity web site, -7% for the year. Just checked mine on the Fidelity web site, -7% for the year.

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