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Old Yesterday, 11:13 AM
 
4,863 posts, read 2,508,360 times
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Quote:
Originally Posted by RememberMee View Post
Just for the sake of education and as bs meter I keep a small 401k fidelity account from my previous employer. It is split 40/60 between a managed fund and S&P index fund. I stopped contributing in September 2017. As of March 7th 2019 I am still $300 short of September 2017 value. Remember these are the economic boom times I could not break even on my 401k. I wonder what will happen when a recession will knock on a door?
Either your managed funds are so badly managed that you should probably move those funds elsewhere, or you're telling a little bit of a tall tale. Even if you put all of that money into a single Vanguard generic ETF fund you would be up 10-15% right now based on the timeline you're claiming.
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Old Yesterday, 02:38 PM
 
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Rule number one in a forum ...never let facts get in the way of a good story
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Old Today, 09:38 AM
 
4,863 posts, read 2,508,360 times
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I just find it funny that people say things like that when the forum is literally full of people who make market investments everyday, and track performance over time obsessively. It's pretty easy to call BS on here (which is why I love this sub-forum).
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Old Today, 01:10 PM
 
25,035 posts, read 32,074,800 times
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Originally Posted by mathjak107 View Post
rule number one in a forum ...never let facts get in the way of a good story
LOL. So often the case here.
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Old Today, 02:47 PM
 
68,395 posts, read 69,162,713 times
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it reminds me of the 401keg plan back in the 2000's ..

when markets floundered you had those saying that if they simply bought beer with their 401k money and returned the cans for deposit they would be ahead of their 401k's ..

you don't hear that convoluted thinking anymore once stocks resumed their climb .
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