I am about 20% down since January. I am 55, I was in tech more than I should have been.
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It's a casino, folks. The whole thing.
If you hold 60-40 portfolio as the conventional wisdom suggests, you do no better than S&P. A popular target fund portfolio is down as much as S&P.
@bdf Wha do you mean “no one missed the tremendous upside from last year until present”? I have invested 20% of my salary into 401k since I started and I’m currently down 17% from my high in January. If you don’t invest in XOM stock (like myself), then you can certainly be down this year.
Troll. We don't have the option to invest specifically in tech stocks. Have to do that outside of 401k.
@vxl Since oil and gas is a commodity business consider the concept of watching easily identifiable events which roll EM stock up and down as it cycles, long term patterns not weekly, and rotate money in and out accordingly. People who did that are up double digits for the year
Overall -9.9%. Weighted in bonds and XOM. Not too shabby.
You should’ve been in XOM stock. 24% increase since Jan.
Troll
Not everyone's 401k is entirely at ExxonMobil... Some people haven't been here for their entire life.
Troll indeed. Voya doesn’t have a “tech” option lol
Troll no-one at EM missed the tremendous upside from last year to present. Certainly not to the tune of 20% down YTD