05-09-2006, 05:11 PM | #1 |
Senior Member
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I am no K-Dog or FMCoug...
But I logged in to check my 401K today and it has finally crossed the 20K barrier.
Not bad for 3 years... I remember how excited I was when it first crossed 2k and then 5k. Just thought I would share. My wife will just roll her eyes at this accomplishment. 401K's are sweet.
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Spooooooon |
05-09-2006, 05:25 PM | #2 |
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Join Date: Aug 2005
Posts: 1,817
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Yes, you are definately not K-Dog or FMCoug.
Congrats on the savings. It feels great to be able to put some money aside for the future. Keep it up. |
05-09-2006, 05:29 PM | #3 |
Charon
Join Date: Jan 2006
Location: In the heart of darkness (Provo)
Posts: 9,564
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Back in 2000, my 401K was really soaring. Then I got greedy. I thought, "hey I am young and I have several years before I need this money. I can stand more risk." So I shifted most of it into growth stocks. Then the crash came in 2001 and my 401K got absolutely slaughtered. Still makes me want to throw up when I think about it.
Advice to you youngsters: Go with one of the preset mixes if your fund offers them and don't try to get more aggressive than that.
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05-09-2006, 05:39 PM | #4 | |
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Join Date: Jan 2006
Location: South Salt Lake, Utah
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05-24-2006, 04:20 PM | #5 |
Senior Member
Join Date: Jan 2006
Location: Kaysville, UT
Posts: 3,151
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How did I end up lumped with K-Dog on these kinds of posts? MW and realtall have both seen my house. It's hardly ostentatious for a family of 6.
And how could you not mention Haddow in that reference? |
05-24-2006, 05:04 PM | #6 |
Senior Member
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Cause you know Dr. Phil man....
I dig ya though.
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Spooooooon |
05-24-2006, 06:19 PM | #7 | |
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05-24-2006, 06:32 PM | #8 |
Assistant to the Regional Manager
Join Date: Aug 2005
Location: The Orgasmatron
Posts: 24,338
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FMC is a nicer version of Haddow and KDog?
Let's see who has the smallest investment after the most years. If one computed fewest dollars saved per year as a percentage of income, yours truly might qualify.
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