Your 401K, How are you doing YTD (%)?

[Raptorex]

and also type of fund is your best performer (not company name - small cap, mid, etc.)

Me: -2.7 overall, emerging markets (+5)

this month midcap +9.7

 

[timtim]

i have lost over 4k between both my ira and 403b. good year so far.

 

[Raptorex]

i have lost over 4k between both my ira and 403b. good year so far.

percents bro? that could be like 90% or <1%

 

[timtim]

percents bro? that could be like 90% or <1%

damn, now your talking crazy talk.

combined percentage, roughly 10%. more from my ira though as i have had that longer and have much more invested there.

 

[Raptorex]

damn, now your talking crazy talk.

combined percentage, roughly 10%. more from my ira though as i have had that longer and have much more invested there.

so you are -10% (because you said you were down)

 

[timtim]

so you are -10% (because you said you were down)

yes sir. thats a total of the 2. so says my account manager who informed me this is great because we are buying up low cost shares now. i have zero clue what any of it means besides each month this gets taken out here and put there.

 

[Raptorex]

yes sir. thats a total of the 2. so says my account manager who informed me this is great because we are buying up low cost shares now. i have zero clue what any of it means besides each month this gets taken out here and put there.

hmmm, honestly not so great - here are the performances of the major indexes YTD, you probably should just find a fund that follows the S&P (and add some emerging markets index) and dump your advisor.

NYSE COMPOSITE -4.1
NASDAQ COMPOSITE -8.65
S&P 500 -4.8
RUSSELL 1000 INDEX -4.66

 

[timtim]

hmmm, honestly not so great - here are the performances of the major indexes YTD, you probably should just find a fund that follows the S&P (and add some emerging markets index) and dump your advisor.

NYSE COMPOSITE -4.1
NASDAQ COMPOSITE -8.65
S&P 500 -4.8
RUSSELL 1000 INDEX -4.66

my friend has been trying to get to me to redo my funds. its all very confusing to me and with my brother out of the country for 3 years i dont know who to listen to. thanks for the advice. its funny so many people are telling me to change and my account manager is saying sit tight. sucks to be in the dark.

 

[Raptorex]

my friend has been trying to get to me to redo my funds. its all very confusing to me and with my brother out of the country for 3 years i dont know who to listen to. thanks for the advice. its funny so many people are telling me to change and my account manager is saying sit tight. sucks to be in the dark.

keep it simple

pick a couple funds that follows one of the indexes I suggested above. That way your risk is average risk, you will do fine.

 

[timtim]

keep it simple

pick a couple funds that follows one of the indexes I suggested above. That way your risk is average risk, you will do fine.

thanks alot mm. i will definately look into 1 of the moves you suggested.

 

[digimon7068]

 

[Raptorex]

thanks alot mm. i will definately look into 1 of the moves you suggested.

good luck, the S&P index is prob. the best for a bit better capital growth wil a small amount of extra risk.

 

[75th]

its funny so many people are telling me to change and my account manager is saying sit tight. sucks to be in the dark.

Your account manager is right.

You dont make money buying high and selling low.

The Dow will hit 30,000 in our lifetime. Just remember that the next time your account dips 2% in a month.

 

[ItalianMuscle27]

i have lost over 4k between both my ira and 403b. good year so far.

A teacher eh? Great profession. You folks arent paid enough, in my opinion..

 

[timtim]

A teacher eh? Great profession. You folks arent paid enough, in my opinion..

my wifes a teacher. thanks for the sentiment. wish she could get paid what she is worth.

 

[Dial_tone]

I lost big time over the last two quarters; up 6.39% annual for 2007. We are changing our retirement plan people as we speak.

 

[ceo]

and also type of fund is your best performer (not company name - small cap, mid, etc.)

Me: -2.7 overall, emerging markets (+5)

this month midcap +9.7

Well, in just one acct (my old 401K), I was up 3.38% overall.

Every fund had small gains.

Diversified Int'l.; Int'l Emerging Mkts.; Lg. Cap Growth; Lg. Cap Value; Mid Cap Blend; RE Securities (yes, really); and Small Cap S&P 600 Index.

All had tiny little gains. Not a loser in the bunch *knock on wood*

I haven't really looked at any of my other investments. At this point I know there's not much to look at, so I'll just keep putting money away since I have a while till I retire. Hopefully 10 years!!!!

 

[SpyWizard]

took a cash out before end of last year with only the penalty, carried a loss on a business that covered the tax liability

invested in a sep 10% no load/fee

 

[ItalianMuscle27]

my wifes a teacher. thanks for the sentiment. wish she could get paid what she is worth.

Anytime bro. Its too bad you guys lost a little cash. Youll get it back.. Is she maxing out the 403b? I used to sell them for a short period for ING!

 

[rudeboyja]

I was at 3.2 % for the quarter & around 6% in 07

My personal investing kicked ass at around 52% mostly because my large position in CGMFX (Ken Heebner's fund)- was up over 70% in 07

 

[Raptorex]

Well, in just one acct (my old 401K), I was up 3.38% overall.

Every fund had small gains.

Diversified Int'l.; Int'l Emerging Mkts.; Lg. Cap Growth; Lg. Cap Value; Mid Cap Blend; RE Securities (yes, really); and Small Cap S&P 600 Index.

All had tiny little gains. Not a loser in the bunch *knock on wood*

I haven't really looked at any of my other investments. At this point I know there's not much to look at, so I'll just keep putting money away since I have a while till I retire. Hopefully 10 years!!!!

Ok, everyone who is doing well share the wealth, post up some fund name winners!~

 

[Raptorex]

Your account manager is right.

You dont make money buying high and selling low.

The Dow will hit 30,000 in our lifetime. Just remember that the next time your account dips 2% in a month.

His account manager is a dope, run and run fast.

 

[guest username]

403(b): -3.1%
401(a): -1.7% (company match)
Roth IRA: +19.92%
SEP-IRA: +18.24%
Investment: -5.29%

About to rollover the 403(b) and 401(a) into a rollover IRA. Debating whether to convert them to a Roth when 2010 rolls around. (My income is too high to contribute to a Roth right now, but in 2010 the law is relaxed to allow rollovers, but I'm not sure would be wise to do that.)

 

[rykertest]

NOT GOOD. I took a big hit this last year and it looks like it's gonna get worse.

 

[timtim]

Anytime bro. Its too bad you guys lost a little cash. Youll get it back.. Is she maxing out the 403b? I used to sell them for a short period for ING!

no but with her pension and her ira which is maxed out, we are ok. the lose was expected. the rebound is expected too. i want to move my shit around though, see if i could make good during a bad period.

thanks again for the kind words.

 

[ceo]

Ok, everyone who is doing well share the wealth, post up some fund name winners!~

I owe it all to switching to GEICO and staying at a Holiday Inn Express!!!!!!!!!!!!@!@

 

[Raptorex]

I have been doing pretty well with a stock EP

just an FYI

 

[digimon7068]

403(b): -3.1%
401(a): -1.7% (company match)
Roth IRA: +19.92%
SEP-IRA: +18.24%
Investment: -5.29%

About to rollover the 403(b) and 401(a) into a rollover IRA. Debating whether to convert them to a Roth when 2010 rolls around. (My income is too high to contribute to a Roth right now, but in 2010 the law is relaxed to allow rollovers, but I'm not sure would be wise to do that.)

don't count on the new administration being as "relaxed" as the old one. . .i firmly believe that many of the tax benefits handed out by the bush administration will be immediately nixed by the next one. . .things like what you're referring to above (windows of opportunity) will be the first casualties imho. . .

 

[Lestat]

I'm down about 25K this year, roughly 9% was in mostly large cap domestic growth.

 

[Raptorex]

I'm down about 25K this year, roughly 9% was in mostly large cap domestic growth.

Bro, if you company has a range of funds, you may want to put 1/3rd in small/mid/large cap or do 1/4 and add an emerging market fund.

 

[75th]

His account manager is a dope, run and run fast.

Negatory.

What goes down must come up when you are talking about such a diversified portfolio.

People who try to time the market end up losing.

Oh and to answer the question Im down about 1% YTD...at one point towards the end of February I was down about 12%, but I gained most of it back over the past 6 weeks.

Inside my 401(k) one of the things I hold is a structured note with a basket of commodities (oil, agriculture, silver, etc). As you may have guessed, that thing is on fire.

 

[75th]

Bro, if you company has a range of funds, you may want to put 1/3rd in small/mid/large cap or do 1/4 and add an emerging market fund.

15% LC Growth
10% LC Value
6% MC Growth
6% MC Value
7% SC Growth
7% SC Value
17% Intl Growth
13% Intl Value
9% Emerg Mkts
3% HY Bonds
2% Corp Fixed
5% Company Stock

Rebalance twice a year. Other than that theres no reason to change it until youre 40.

 

[Raptorex]

15% LC Growth
10% LC Value
6% MC Growth
6% MC Value
7% SC Growth
7% SC Value
17% Intl Growth
13% Intl Value
9% Emerg Mkts
3% HY Bonds
2% Corp Fixed
5% Company Stock

Rebalance twice a year. Other than that theres no reason to change it until youre 40.

Seems like a reasonable mix, however I think there is more to balancing your portfolio than just your age.

Also, if I had paid a money manager to lose me 9% this year he would be fired, I could of used a monkey to do better.

 

[roadwarrior]

and also type of fund is your best performer (not company name - small cap, mid, etc.)

Me: -2.7 overall, emerging markets (+5)

this month midcap +9.7

I'm about same as you MM. Down a bit over 3% overall but emerging markets holding up. I'll need to check for lat month to see if anything is changing trend wise. Portfolio is on the conservative side as I get older. Might be a little too conservative.

 

[75th]

Seems like a reasonable mix, however I think there is more to balancing your portfolio than just your age.

Also, if I had paid a money manager to lose me 9% this year he would be fired, I could of used a monkey to do better.

There is differently more to take into consideration aside from age...vbut as you can tell by my mix I really dont care about what happens between now and 59, because chances are Ill look back and see an annualized return of 12-15%.

And yes, if a money manager has lost 9% YTD he/she isnt doing that hot. If he/she lost you 9% when the market was down 16% thats another story.

 

[Raptorex]

There is differently more to take into consideration aside from age...vbut as you can tell by my mix I really dont care about what happens between now and 59, because chances are Ill look back and see an annualized return of 12-15%.

And yes, if a money manager has lost 9% YTD he/she isnt doing that hot. If he/she lost you 9% when the market was down 16% thats another story.

You should help out Lestat, he is gettting rocked

 

[75th]

You should help out Lestat, he is gettting rocked

Sounds like it.