401(k) retirement account balances rose 32 percent in ?10 - GoFuckYourself.com

dyna mo · 11-27-2010, 11:48 AM

Workers who have had money in their 401(k) accounts from 2003 and have been with the same plans had average account balances of $109,723 in 2009, compared with $83,161 a year earlier, according to the report.

?Retirement savers, by continuing to invest paycheck by paycheck, saw the benefits of being in the market in 2009, as stock values generally climbed during the year,?? said Sarah Holden, senior director of retirement and investor research for ICI, a mutual fund trade group.

http://www.boston.com/business/perso...rcent_i n_10/

will76 · 11-27-2010, 12:34 PM

Quote:

Originally Posted by dyna mo

Workers who have had money in their 401(k) accounts from 2003 and have been with the same plans had average account balances of $109,723 in 2009, compared with $83,161 a year earlier, according to the report.

“Retirement savers, by continuing to invest paycheck by paycheck, saw the benefits of being in the market in 2009, as stock values generally climbed during the year,’’ said Sarah Holden, senior director of retirement and investor research for ICI, a mutual fund trade group.

http://www.boston.com/business/perso...rcent_i n_10/

2010 the market has rebounded pretty good. Lets hope it stays that way and you wont be posting an article this time next year about people losing 1/3 of their retirement money

Although, people who are more than 10 years away from retirement shouldn't panic or get excited year to year, they are guaranteed to encounter good and bad years ahead of them. It just sucks for the people who are about to retire and the previous couple years the market tanks, they have no time to make it back like everyone else. That is why it is wise for people close to retirement to start moving their money into safer investments as they get closer to retirement.

Sly · 11-27-2010, 01:03 PM

My 401(k) has done pretty decent this year. Recently started up a Roth IRA and that's performing fair as well. Over time they still seem to be pretty solid, it's the short term bangs that really kill people like Will said.

DBS.US · 11-27-2010, 01:19 PM

I did great this year with stocks thanks to someone on GFY that posted Playboy @ $1 a share

$1 went up to $5

IllTestYourGirls · 11-27-2010, 01:25 PM

Good news.

Lucky those greedy companies pulled in big profits in 2010.

GAMEFINEST · 11-27-2010, 03:12 PM

mine went up

$5 submissions · 11-27-2010, 03:42 PM

Over the long haul, stocks win. Don't pull out in the short term.

11-27-2010, 11:48 AM	#1
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 65,130	401(k) retirement account balances rose 32 percent in ?10 Workers who have had money in their 401(k) accounts from 2003 and have been with the same plans had average account balances of $109,723 in 2009, compared with $83,161 a year earlier, according to the report. ?Retirement savers, by continuing to invest paycheck by paycheck, saw the benefits of being in the market in 2009, as stock values generally climbed during the year,?? said Sarah Holden, senior director of retirement and investor research for ICI, a mutual fund trade group. http://www.boston.com/business/perso...rcent_i n_10/

11-27-2010, 01:03 PM	#3
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,325	My 401(k) has done pretty decent this year. Recently started up a Roth IRA and that's performing fair as well. Over time they still seem to be pretty solid, it's the short term bangs that really kill people like Will said. __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.

11-27-2010, 01:19 PM	#4
DBS.US Geo Cities Industry Role: Join Date: Aug 2003 Location: North Captiva Island, Florida USA Posts: 11,832	I did great this year with stocks thanks to someone on GFY that posted Playboy @ $1 a share $1 went up to $5 __________________ Make a Free Chaturbate White Label site in 34 minutes and be making money tonight Last edited by DBS.US; 11-27-2010 at 01:21 PM..

11-27-2010, 01:25 PM	#5
IllTestYourGirls Ah My Balls Industry Role: Join Date: Feb 2007 Location: Under the gold leaf ICQ 388-454-421 Posts: 14,311	Good news. Lucky those greedy companies pulled in big profits in 2010. __________________

11-27-2010, 03:12 PM	#6
GAMEFINEST Make STACK$ Industry Role: Join Date: Nov 2006 Location: sexy time Posts: 14,433	mine went up __________________ Compound interest.

11-27-2010, 03:42 PM	#7
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Over the long haul, stocks win. Don't pull out in the short term. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants