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My 401k (Original Post) Norbert Nov 2023 OP
My 401k is my main barometer... Mark.b2 Nov 2023 #1
Yikes! You need to diversify! Fiendish Thingy Nov 2023 #5
We attempt to rebalance periodically....and then my Apple stock goes up again. brooklynite Nov 2023 #6
Don't disagree but... Mark.b2 Nov 2023 #7
I would only hold the absolute minimum required Fiendish Thingy Nov 2023 #8
I went and check mine underpants Nov 2023 #2
I took a look at the S&P 500 index fund over the last 1 year and last 2 years progree Nov 2023 #3
Thanks Bidenomics! Fiendish Thingy Nov 2023 #4

Mark.b2

(183 posts)
1. My 401k is my main barometer...
Thu Nov 16, 2023, 09:26 AM
Nov 2023

I’m +19% ytd, but I’m 76% in my company stock. Not very diverse I know, but it’s been good to me. I’m soon going to transition to conservative instruments.

The last 6 years have been quite good to me retirement plan-wise. Prior to that, it was a source of real angst.

Fiendish Thingy

(15,047 posts)
5. Yikes! You need to diversify!
Thu Nov 16, 2023, 12:03 PM
Nov 2023

76% in one asset class, let alone one particular stock, is extremely risky…

brooklynite

(93,151 posts)
6. We attempt to rebalance periodically....and then my Apple stock goes up again.
Thu Nov 16, 2023, 01:11 PM
Nov 2023

We’ve been giving it away to charities, but the value seems to remain constant.

Mark.b2

(183 posts)
7. Don't disagree but...
Thu Nov 16, 2023, 01:31 PM
Nov 2023

My company stock started out less than 20% of my portfolio. Then about 8 years ago, the price almost quadrupled. I’m slowly divesting but the price keeps going up so I don’t get in a hurry to sell.

My company also requires I own a certain amount of company stock so that factors in, too.


Fiendish Thingy

(15,047 posts)
8. I would only hold the absolute minimum required
Thu Nov 16, 2023, 02:01 PM
Nov 2023

I’m guessing this is a tech stock, which tend to be quite sensitive to market volatility.

Better to make a steady 10%, than gain 20-30% one year to lose it the next.

But that’s just me.

underpants

(181,536 posts)
2. I went and check mine
Thu Nov 16, 2023, 10:02 AM
Nov 2023

7.7% but that’s on my employer match.
My pension has me at $1,700 per month if I retire in 11 years which is the plan.

progree

(10,864 posts)
3. I took a look at the S&P 500 index fund over the last 1 year and last 2 years
Thu Nov 16, 2023, 10:40 AM
Nov 2023

Vanguard's VFIAX - S&P 500 index fund (includes dividends and net of expenses)
https://finance.yahoo.com/quote/VFIAX/history?p=VFIAX
11/15/21: 422.65
11/15/22: 365.78
11/15/23: 416.21 (only 1.5% below the 2 years ago level)

It's my bond funds that have really been hurt more, for example
Vanguard's VICSX - Intermediate-Term Corporate Bond Index fund
https://finance.yahoo.com/quote/VICSX/history?p=VICSX
11/15/21: 24.00
11/15/22: 20.58
11/15/23: 20.70

In both cases using the Adjusted Close - which adjusts the price for the distributions (i.e. dividends and interest and any cap gains distributions)

CPI: https://data.bls.gov/timeseries/CUSR0000SA0
The latest data is October 2023. If the CPI is flat from October to November (as it was from September to October), then

November 2021: 278.711
November 2022: 298.598
November 2023: 307.619 (if same as October)

So in the last year the CPI has increased 3.0%
In the last 2 years the CPI has increased 10.4%
Thus eroding the purchasing power of my nest egg.

Disclosure: actually the S&P 500 index fund and the corporate bond fund aren't the entirety of my nest egg, but rather just a couple of my larger representative holdings. It would be too much work to look up my various statements and adjust them for deposits and withdrawals and taxes and so on.

I'm delighted to see the big improvement in the S&P 500 over the last year, I'm glad that my bond fund is actually up some over the past year (whew!), and the considerable taming of inflation to near the 2% goal level.

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