Category Archives: 401k

Will my 401k continue to increase in value in 2008

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.

401k unsteady picking itself up

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?