Author Topic: My 401k Has Turn To Complete Shit (Read 5353 times)

Vince G, CSN MFT · « **on:** June 20, 2022, 03:37:32 PM »

Went into Fidelity to check the account and its lighter by 8k bucks. WTF is going on. So pissed

Coach is Back! · « **Reply #1 on:** June 20, 2022, 03:38:32 PM »

Quote from: Vince G, CSN MFT on June 20, 2022, 03:37:32 PM

Went into Fidelity to check the account and its lighter by 8k bucks. WTF is going on. So pissed

FJB that’s what’s going on

Skeletor · « **Reply #2 on:** June 20, 2022, 03:39:16 PM »

Quote from: Vince G, CSN MFT on June 20, 2022, 03:37:32 PM

Went into Fidelity to check the account and its lighter by 8k bucks. WTF is going on. So pissed

Biden.

TheShape. · « **Reply #3 on:** June 20, 2022, 03:40:40 PM »

You voted for this (probably)

Rambone · « **Reply #4 on:** June 20, 2022, 03:40:48 PM »

Quote from: Vince G, CSN MFT on June 20, 2022, 03:37:32 PM

Went into Fidelity to check the account and its lighter by 8k bucks. WTF is going on. So pissed

How is this a surprise, Vince? Don’t you watch the markets daily

I thought you were a trader

Vince G, CSN MFT · « **Reply #5 on:** June 20, 2022, 03:43:50 PM »

Quote from: Rambone on June 20, 2022, 03:40:48 PM

How is this a surprise, Vince? Don’t you watch the markets daily I thought you were a trader

Yes i do watch the markets and i knew it was going to drop but not that much

epic is back · « **Reply #6 on:** June 20, 2022, 03:45:35 PM »

Quote from: Vince G, CSN MFT on June 20, 2022, 03:37:32 PM

Went into Fidelity to check the account and its lighter by 8k bucks. WTF is going on. So pissed

99,992 bucks still aint bad

Vince G, CSN MFT · « **Reply #7 on:** June 20, 2022, 03:49:17 PM »

Quote from: Coach is Back! on June 20, 2022, 03:38:32 PM

FJB that’s what’s going on

Well, he better fucking get this shit straight. I work hard for my money dealing with asswipes then come home to run my businesses.

Thin Lizzy · « **Reply #8 on:** June 20, 2022, 03:51:02 PM »

Can you switch over to a money market fund?

ThisisOverload · « **Reply #9 on:** June 20, 2022, 03:52:36 PM »

It's going to get worse.

epic is back · « **Reply #10 on:** June 20, 2022, 03:56:09 PM »

the dollar has been devalued

its never going to have the purchasing power it did just 1 year ago

i feel bad for poor people

even making 23 bucks melvin will always be poor

NaturalWonder83 · « **Reply #11 on:** June 20, 2022, 03:58:01 PM »

I’m not surprised being you have no clue about anything
And why are you going into fidelity? You do know there is technology that allows you to use a computer or smart phone to see your account.
My 401 has been fine so not really understanding what the hell is your issue

Vince G, CSN MFT · « **Reply #12 on:** June 20, 2022, 04:00:08 PM »

Quote from: NaturalWonder83 on June 20, 2022, 03:58:01 PM

I’m not surprised being you have no clue about anything
And why are you going into fidelity? You do know there is technology that allows you to use a computer or smart phone to see your account.
My 401 has been fine so not really understanding what the hell is your issue

I access fidelity through Quicken 😂

Grape Ape · « **Reply #13 on:** June 20, 2022, 04:01:22 PM »

If you're not retiring soon and not going to move funds, it's best not to look at the 401k.

Dave D · « **Reply #14 on:** June 20, 2022, 04:03:51 PM »

I like what you're doing here Vince. Generating traffic.

OneMoreRep · « **Reply #15 on:** June 20, 2022, 04:04:54 PM »

Quote from: Vince G, CSN MFT on June 20, 2022, 03:37:32 PM

Went into Fidelity to check the account and its lighter by 8k bucks. WTF is going on. So pissed

Your 401K is directly pegged to the major indices.

The Dow Jones is down over 2,000 points since last month.

The Nasdaq is down over 700+ points since last month.

The S&P 500 is down by 300 points since last month.

Your 401K probably holds an even distribution throughout the major indices, as the markets go down unilaterally, so will the value of your 401K.

That's what's going on.

"1"

webstar · « **Reply #16 on:** June 20, 2022, 04:05:25 PM »

Where have you been?

Aaron singermen has also been arrested and Jay cutler has defeated ronnie Coleman for his first Sandow.

Thanks for stating the obvious.

SF1900 · « **Reply #17 on:** June 20, 2022, 04:12:25 PM »

There goes Dr. Goodrums billions.

That_Dude · « **Reply #18 on:** June 20, 2022, 04:24:10 PM »

Wtf is 8k? That amount wouldn't have any effect on my life either way...can make that in a week mowing lawns and painting fences with Johnny falcon

Rambone · « **Reply #19 on:** June 20, 2022, 04:24:41 PM »

Quote from: Vince G, CSN MFT on June 20, 2022, 03:43:50 PM

Yes i do watch the markets and i knew it was going to drop but not that much

The S&P index is down over 20% YTD in 116 trading days. That's a substantial move. People who don't even watch the markets know that by now. Less Worldstar, Vince!

NaturalWonder83 · « **Reply #20 on:** June 20, 2022, 05:00:30 PM »

Quote from: Vince G, CSN MFT on June 20, 2022, 04:00:08 PM

I access fidelity through Quicken 😂

ok!

Irongrip400 · « **Reply #21 on:** June 20, 2022, 05:01:50 PM »

Quote from: Grape Ape on June 20, 2022, 04:01:22 PM

If you're not retiring soon and not going to move funds, it's best not to look at the 401k.

This. I told my broker to take me off his “don’t kill yourself” call list. It’ll come back if you’re young enough.

webstar · « **Reply #22 on:** June 20, 2022, 05:03:07 PM »

Vince, with your trading endeavor wouldn't you know your 401K is getting smoked ? Or did you not know the extent of the damage which makes sense.

https://www.getbig.com/boards/index.php?topic=675166.msg9661749#msg9661749

https://www.getbig.com/boards/index.php?topic=676244.msg9699259#msg9699259

IroNat · « **Reply #23 on:** June 20, 2022, 05:10:18 PM »

Quote from: Rambone on June 20, 2022, 04:24:41 PM

The S&P index is down over 20% YTD in 116 trading days. That's a substantial move. People who don't even watch the markets know that by now. Less Worldstar, Vince!

So Vince had $40k to before the crash.

40x20%=8

Vince won't be retiring anytime soon.

Keep that part-time "Greeter" job at WallyMart, Vince.

LurkerNoMore · « **Reply #24 on:** June 20, 2022, 05:11:40 PM »

How do you lose 8K from $37.00?