Comments on: Keep Contributing http://www.livingalmostlarge.com/2008/05/12/keep-contributing/ Trying to live large ...one step at a time Thu, 11 Mar 2010 19:54:03 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Simon http://www.livingalmostlarge.com/2008/05/12/keep-contributing/comment-page-1/#comment-1610 Simon Mon, 19 May 2008 18:58:24 +0000 http://www.livingalmostlarge.com/2008/05/12/keep-contributing/#comment-1610 My funds had a slight dip, but everything i have put in is still far less than the current value. Its starting moving north again recently which is good. I stepped up my contributions during the recent price drop to try to buy some stuff low while i could. My wife just finished college a couple of years ago and started her 401k at the beginning of the year (had a wait period on teh job plan) when the prices were down too, so she didnt lose anything, just bought dirt cheap! My funds had a slight dip, but everything i have put in is still far less than the current value. Its starting moving north again recently which is good. I stepped up my contributions during the recent price drop to try to buy some stuff low while i could. My wife just finished college a couple of years ago and started her 401k at the beginning of the year (had a wait period on teh job plan) when the prices were down too, so she didnt lose anything, just bought dirt cheap!

]]> By: Jim ~ mydebtblog.com http://www.livingalmostlarge.com/2008/05/12/keep-contributing/comment-page-1/#comment-1609 Jim ~ mydebtblog.com Tue, 13 May 2008 14:12:18 +0000 http://www.livingalmostlarge.com/2008/05/12/keep-contributing/#comment-1609 I don’t think every fund has gone down. I've got one 401k that's down 3% and another that's up 1%. It is due to limited choices to pick from and a lot of stuff is down right now. Sometimes a down market can be a good thing though, because it takes less money to get in and the end result will more than likely be more money. I have a harder time investing money into something going up because it costs more to get in. The whole retirement game is a long haul and it's better to start in your 20s than wait until your 40s or later to play. I don’t think every fund has gone down. I’ve got one 401k that’s down 3% and another that’s up 1%. It is due to limited choices to pick from and a lot of stuff is down right now. Sometimes a down market can be a good thing though, because it takes less money to get in and the end result will more than likely be more money. I have a harder time investing money into something going up because it costs more to get in. The whole retirement game is a long haul and it’s better to start in your 20s than wait until your 40s or later to play.

]]> By: Livingalmostlarge http://www.livingalmostlarge.com/2008/05/12/keep-contributing/comment-page-1/#comment-1608 Livingalmostlarge Mon, 12 May 2008 19:13:16 +0000 http://www.livingalmostlarge.com/2008/05/12/keep-contributing/#comment-1608 Right, but that's in a self-directed Roth IRA. Those are easier to pick better funds. In a 401k the selection of funds is very limited and often poor choices. Right now DH's Roth IRA is up 12% for the YTD and mine is down -2% YTD, although it might be rebounding soon since we're trying something new out. And DH's 401k is down 2%. I think 401k has been hit hard, because the selection choices are limited. Right, but that’s in a self-directed Roth IRA. Those are easier to pick better funds. In a 401k the selection of funds is very limited and often poor choices.

Right now DH’s Roth IRA is up 12% for the YTD and mine is down -2% YTD, although it might be rebounding soon since we’re trying something new out. And DH’s 401k is down 2%.

I think 401k has been hit hard, because the selection choices are limited.

]]> By: Barb1954 http://www.livingalmostlarge.com/2008/05/12/keep-contributing/comment-page-1/#comment-1607 Barb1954 Mon, 12 May 2008 17:01:00 +0000 http://www.livingalmostlarge.com/2008/05/12/keep-contributing/#comment-1607 Not every investment or fund has gone down. DH and I put $5,000 each into CGM Focus Fund in new Roth IRAs on April 15th and the fund has gone up 8% since then. This fund returned 80% last year. Not every investment or fund has gone down. DH and I put $5,000 each into CGM Focus Fund in new Roth IRAs on April 15th and the fund has gone up 8% since then. This fund returned 80% last year.

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