Thread regarding General Motors layoffs

401k value. How much you down today?

Anyone bold enough to offer how much you are down today?

by
| 1781 views | | 11 replies (last May 28, 2022) | Reply
Post ID: @OP+1gHrb1wg

11 replies (most recent on top)

"A wise person said, it's not timing the market, it's time in the market."

Agreed, besides the moment you realize it's a repeat of 1930. Same three sets of peaks and valleys. Same superset cycle in inflated terms.

That cycle took 15 years before reaching price parity. Hope you didn't need to retire, and die within that period.

by
| | Reply
Post ID: @gngz+1gHrb1wg

A wise person said, it's not timing the market, it's time in the market.

by
| | Reply
Post ID: @flbh+1gHrb1wg

Down 15% and loving it! This is when I get lots of investments for less! I increased on contributions back in February to take advantage of this down turn!

by
| | Reply
Post ID: @fdbs+1gHrb1wg

Update:

401k even, maybe a few pennies earned. Stock investments shorting the market, up significantly shorting the market. Will give my annual salary a great run this year.

So long as this clown remains in office, it's easy money.

by
| | Reply
Post ID: @8utw+1gHrb1wg

Even. Was out of the market Nov 2021. Stable short term bond funds within the 401k. Earned a few pennies, but didn't lose my bu-t either.

by
| | Reply
Post ID: @6jss+1gHrb1wg

I'm surprised the stock didn't drop more considering they can't make cars due to the chip shortage

by
| | Reply
Post ID: @3dvi+1gHrb1wg

Investments are down about 30% to 40%. GE, Ford, Stellantis.

by
| | Reply
Post ID: @3ibt+1gHrb1wg

20k or about 10%

by
| | Reply
Post ID: @1hkt+1gHrb1wg

Bought Ford at $25, waiting for the data stream to rake in the profits.

by
| | Reply
Post ID: @pck+1gHrb1wg

My 401K has only 5% GM stock.
So I'm ok compared to general stock market.
You can do that, you know.

by
| | Reply
Post ID: @oij+1gHrb1wg

Or down since early 2022? That's more important. How much are you bleeding out?

by
| | Reply
Post ID: @zet+1gHrb1wg

Post a reply

: