I peeked

[LivingAlmostLarge]

I peeked at DH's 401k for the year, and we've lost 50%. We've lost every penny we've contributed for the year. Only the $9k we started and the $5k match is there. We've lost the $15k YTD.

Sigh. I haven't dared look at our IRAs. It's gotta be terrible as well I'm guessing. Have you peeked?

[Ima saver]

I did about a month ago. I was down well over 100K then, I am sure it is worse now.

[dardhel]

Yeah, it definitely is an unpleasant feeling looking at your accounts after the recent slump. However, keep contributing and you'll be buying twice as much shares with the same $$ and hopefully you have time before you need to withdrawal for the markets to rebound some.

[sweeps]

Yes unfortunately I looked and it was a hard pill to swallow. I keep telling myself that in 2030 I will look back at this as a rare, fantastic buying opportunity.

[disneysteve]

We're probably down around 100K also, Julie, so I'm right there with you.

sweeps, you are right that this is a rare buying opportunity. Now if only I had some money left to invest I'd be all set. I've been watching Bank of America. I think BOA (symbol BAC) is probably going to be the company that pulls through this whole mess and picking them up at less than $12.00/share will seem like the deal of a lifetime 10 years from now. A year ago, they were at $45.00. And I'm sure there are lots of other bargains out there. This just happens to be one I've had my eye on.

[ThriftoRama]

Yeah, I peeked this week and we have lost 50 percent at least of our brokerage and retirement and 529 balances since last October, AND we had even contributed an additional 11k this year. It is frustrating, but we are just sitting tight, not selling, investing more in index funds when we can and building up our cash cushion in case we lose our income. That's all you can do, right?

[KGeary]

I peeked at DH's 401k for the year, and we've lost 50%. We've lost every penny we've contributed for the year. Only the $9k we started and the $5k match is there. We've lost the $15k YTD.

Sigh. I haven't dared look at our IRAs. It's gotta be terrible as well I'm guessing. Have you peeked?

What is your 401k and IRAs invested in?

[scfr]

If it's any consolation, even we conservative investors are down.

Here are my numbers on my tax-deferred mutual fund investments:
YTD -30.09%

Personal RORs:
1 yr -28.2%
3 yr -0.3%
5 yr 2.5%

Still hanging on in positive territory for the 5 year span.

Not changing a thing in the tax-deferred accounts, but even this anti-market-timing woman is thinking about throwing a bit of "casino money" in to the stock market if the DJIA falls below a certain number. There is a ways to go before that number is reached, and it may never happen ... It's just a number where even someone like me thinks it would be crazy not to buy. (Not gonna share my number with y'all, so don't even ask. When and if it happens, I'll write about it in my blog!)

[tripods68]

I decided to park ALL NEW contributions my ROTH and 457 to stable funds for now until we see some daylights. I just can't bare to see the tremendous "destruction of wealth" in the market today if can help it.

[moneybags]

I peeked at DH's 401k for the year, and we've lost 50%. We've lost every penny we've contributed for the year. Only the $9k we started and the $5k match is there. We've lost the $15k YTD.

Sigh. I haven't dared look at our IRAs. It's gotta be terrible as well I'm guessing. Have you peeked?

You are brave! I have not peeked since the end of September. I keep a spreadsheet of all our balances, and I usually update it each month. I am already bummed out knowing we've lost a ton of money. I think if I knew the actually number I'd be in tears.

[Tree0164]

I peeked too.. .we are down about 40k. It will bounce back maybe not this year, maybe not next year but hopefully by the time the kids go to college first in 8 years.

[Broken Arrow]

I look on a weekly basis at this point, but mostly for the sake of tracking my funds and for learning purposes.

Of course, I'm not happy with what I'm seeing either but... doesn't bother me too much since I've still got quite a few decades ahead of me. I also know that I'm snapping up NAVs are a tremendously good value at this point....

That and my Roth hasn't gone down so....

[maat55]

I have vowed to only look every January 1, or until it goes back over 10k.

[corolla02]

Yes, me too in 401 + Roth about 50% beaten down which is about 21K down in my 100% stock allocation.

[kork13]

I look on a weekly basis at this point, but mostly for the sake of tracking my funds and for learning purposes.

Of course, I'm not happy with what I'm seeing either but... doesn't bother me too much since I've still got quite a few decades ahead of me.

This is me too... I see mine at least once/week, because my investments come up on the same screen anytime I look at my bank accounts. It's not pretty, but at least I have decades to go before I will need the money... So I'm not freaking out too much.