How much did you lose on your 401k from yesterday's market crash?

[Braman]

You not living right if you checking your 401k like that

Unless you gone do something tf is the point.

Set n forget means just that.

 

[NoMorePie]

I'm not looking at this shyt

Lol

 

[sayyestothis]

Yesterday was 32k.

 

[Aprogressivone]

If you are not close to retirement just zoom out on the charts. You can't predict the future but even after bad crashes the market has come back if you look at it historically. As you get closer to retirement you should naturally have more money in bonds for protection since you need to touch that money sooner. If you wanted to sell stocks into bonds prior to this drop you should have done it 2 months ago. Timing the market can be hard and you can miss serious gains if you don't jump back in at the right time. Most people suck at timing the market. This is a unique time but I believe if it never comes back then we have bigger problems to worry about. With that said, I do have money outside my 401k in VUSXX(Vanguard Treasury Money Market Fund) right now since I can physically touch it without penalty. My 401k is for long term. I still am like 25 years away from retirement minimum. I'm protecting money I want to access soon such as a down payment for a second home for example. Since thread is specifically about 401k's that is why I broke it down like that. Do your own research though.

 

[L. Deezy]

I cant look man.. I know its hurting bad.

 

[feelosofer]

I have a Roth IRA and I lost quite a bit maybe 20k or so, But now is not the time to cash out especially considering a lot of you guys are young. Plus the bulk of my retirement savings are in slow growth stocks.

 

[BaldingSoHard]

Surprisingly, I'm only down 10% YTD.

 

[Gunz&Butta]

I'm down 2k in my brokerage acct. Don't know about 401k

 

[Cat piss martini]

them sassy Tangibles family.

 

[Traveler]

I'll look in 5 years

 

[Brehcepticon]

Have a 401k like any of us are going to retire, brehs.

 

[Dem313wayz]

Friday I was good. Looked today and

Thankfully my job still has a pension

 

[O.G Bobby Johnson]

I put majority of my investments in sports memorabilia, so I'm holding to sell years down the line.

 

[Booker Carver]

You only lose when you sell

 

[richaveli83]

2k