Consulting

Has anyone else’s 401k dropped??

likehelpful
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works at

Yes lol do you understand investments at a basic level?

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I’d be surprised if anyone’s hasn’t..

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🖐️ inverse ETFs the whole way down

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🤦‍♀️

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Yea how could they not?...

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Decided to not look. Out of my control at this point and I’m young enough (29) to have to bounce back.

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Yeah I’m at like a 101k now

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401 not 'k 😞

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Set it and forget it. Look at it once a year only :)

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Unless your entire account is in puts or a select number of stocks, yes, it has gone down.

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Play the long game and keep putting in while it’s cheap. The market will bounce back

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smart
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Down to a few billion.

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Yes I know how investments work...it was a rhetorical (and panicky) question...I hadn’t checked it in a while...UGH

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I sold a whole bunch of securities a few weeks ago from my IRA and am SO glad I followed my gut. I know it would've rebounded eventually, but I preserved my prior earnings. Not sure how close we are to the bottom of the market, though.

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Is this a serious question

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Last I looked which was a 2 weeks ago I was down 13%

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Don’t look. lol

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Of course

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Who hired you lol

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People really made fun of me a few months ago for putting my entire 401k into Zoom stock. Something about ‘diversification’... who’s laughing now?

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By thousands

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Yes I stopped looking,.it has dropped 12% or so within 2 weeks..but will just stay put and ride it out

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