Comments on: My 401(k) Is Losing Money and I Don’t Care http://www.thatonecaveman.com/2008/10/my-401k-is-losing-money-and-i-dont-care.html The journey of one young family out of debt and into building wealth Wed, 17 Feb 2010 16:36:11 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: My Choice for President and PrimeTime QuickHits | Prime Time Money http://www.thatonecaveman.com/2008/10/my-401k-is-losing-money-and-i-dont-care.html/comment-page-1#comment-1461 My Choice for President and PrimeTime QuickHits | Prime Time Money Mon, 13 Oct 2008 03:15:52 +0000 http://www.thatonecaveman.com/?p=623#comment-1461 [...] Children Are Becoming Prime Identity Theft Targets – How to Protect Your Child’s Credit History My 401(k) Is Losing Money and I Don’t Care How to Carve a Pumpkin (without losing a finger) “Borrowing” Neighbor’s Internet to Save [...]

]]> By: Weekly Roundup: Medical Update Edition | Frugal Dad http://www.thatonecaveman.com/2008/10/my-401k-is-losing-money-and-i-dont-care.html/comment-page-1#comment-1451 Weekly Roundup: Medical Update Edition | Frugal Dad Sat, 11 Oct 2008 12:26:43 +0000 http://www.thatonecaveman.com/?p=623#comment-1451 [...] My 401(k) Is Losing Money and I Don’t Care. My 401(k) has been obliterated, and I don’t care either. The way I look at it, I just own more shares of a few great funds that will surely rebound (and then some) before I retire. I do feel for those closer to retirement age, assuming they didn’t move to more conservative investments in time. [...] [...] My 401(k) Is Losing Money and I Don’t Care. My 401(k) has been obliterated, and I don’t care either. The way I look at it, I just own more shares of a few great funds that will surely rebound (and then some) before I retire. I do feel for those closer to retirement age, assuming they didn’t move to more conservative investments in time. [...]

]]> By: Andy http://www.thatonecaveman.com/2008/10/my-401k-is-losing-money-and-i-dont-care.html/comment-page-1#comment-1432 Andy Thu, 09 Oct 2008 14:09:39 +0000 http://www.thatonecaveman.com/?p=623#comment-1432 It is a long term investment, but I can't say I don't care. The real benefits from a 401K are the compounding effects over the long term. However with markets going down so fast, you are actually getting negative compounding because you keep investing in shares which fall. In fact recent stats say that the only reason the stock market has fallen more is that the 401K and retirements plans are still buying. I just hope the benefits of dollar cost averaging (and the bargains you mentioned) outweigh the current volatility. Should be the case if history is any guide, but these are strange time we live in. It is a long term investment, but I can’t say I don’t care. The real benefits from a 401K are the compounding effects over the long term. However with markets going down so fast, you are actually getting negative compounding because you keep investing in shares which fall. In fact recent stats say that the only reason the stock market has fallen more is that the 401K and retirements plans are still buying.

I just hope the benefits of dollar cost averaging (and the bargains you mentioned) outweigh the current volatility. Should be the case if history is any guide, but these are strange time we live in.

]]> By: David http://www.thatonecaveman.com/2008/10/my-401k-is-losing-money-and-i-dont-care.html/comment-page-1#comment-1430 David Wed, 08 Oct 2008 15:16:31 +0000 http://www.thatonecaveman.com/?p=623#comment-1430 It sure is "fun" watching those numbers, no? ;-) Thanks for the mention! It sure is “fun” watching those numbers, no? ;-) Thanks for the mention!

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