So far 2008′s been a bumpy year for my 401k It’s dipped to some of it’s lowest lows. The past week has seen a slow and steady increase back to the bottom of last year’s median range. I’d like to see it really take off this year, but what with economists saying there’s a 50-50 chance of a recession, I’m cautious trying to make any assumptions this early.
Wow! What a great day for the DOW, the S&P 500, and my 401k account With record jumps of 1.06% I’m very happy.
My 401k’s slowly making it’s climb, with just a small +0.18 in unit price today. It started out pretty good, but it does seem to have slowed down at a lot lower price than before the slump. I’m relieved to see that it’s progressing. I kind of wish it had held off until after the company had contributed their match. That would have been a significant increase on my match. I guess this is where dollar cost averaging is really going to pay off for me in the long run.
Did anyone not have the same kind of lackluster return to a pre-subprime-lending-crash state?
My 401k’s suffered over the past week with the market’s beating on subprime lending. Has anyone else had any better luck?
I checked my 401k’s balance today, and noticed a hefty increase… from a non-elective contribution.
Ok, so I get no choice about it. My company’s going to give me money. C’est La Vie!