tag:blogger.com,1999:blog-14245531.post2038289087835816761..comments2023-11-18T01:21:55.631-05:00Comments on My Open Wallet: I'm Mad About Yesterday's Market Gains!!Madame Xhttp://www.blogger.com/profile/11536189690094235926noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-14245531.post-57572357253206570912008-10-16T06:11:00.000-04:002008-10-16T06:11:00.000-04:00we do tend to focus on times when we bought someth...we do tend to focus on times when we bought something at the peak and compare it to a valley. take a look at all past contribution days and see what happened, and then make a judgement.<BR/><BR/>i also agree with the point about there seems to always be a spike when 401k's get invested, and that is probably because lots of people are getting paid at the same time and lots of money is going into the market at the same time...buying not selling. i also don't like the fact that mutual funds don't offer you a limit price, but the end of the day market price. oh well.<BR/><BR/>as Kady mentioned, yesterday was a huge tank. i'm glad because i have automatic investments going in yesterday, the 15th.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-53472584305354384352008-10-15T16:45:00.000-04:002008-10-15T16:45:00.000-04:00Well, it's the 15th, and the market tanked today, ...Well, it's the 15th, and the market tanked today, so you're in luck!<BR/><BR/>(look at me, finding the upside)Kadyhttps://www.blogger.com/profile/15499798447518286266noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-66522145242369772292008-10-14T20:47:00.000-04:002008-10-14T20:47:00.000-04:00I understand completely! I also get paid on the 15...I understand completely! I also get paid on the 15th and the last working day of the month!girlnextdoorhttps://www.blogger.com/profile/05133471589688475878noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-3014742061169467642008-10-14T16:58:00.000-04:002008-10-14T16:58:00.000-04:00You can only take advantage by putting extra into ...You can only take advantage by putting extra into the market. You were supposed to be fearful when the market was red hot, not right now!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-3480597825215590422008-10-14T15:39:00.000-04:002008-10-14T15:39:00.000-04:00That's funny, because I felt the exact same way.That's funny, because I felt the exact same way.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-26792007908331584172008-10-14T13:01:00.000-04:002008-10-14T13:01:00.000-04:00My contributions go in the same days as well and s...My contributions go in the same days as well and so do million of other people's... the implications being...?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-60276684270750674762008-10-14T12:11:00.000-04:002008-10-14T12:11:00.000-04:00I do what Optioned Unarmed does. It works better....I do what Optioned Unarmed does. It works better. Just mindlessly putting money is not a great plan.<BR/><BR/>But, don't worry, the market will be coming back down shortly. The problem is slowly moving from one of tight credit to one of an economy in a recession. Bankruptcies in retail companies are just around the corner.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-51912436321010780492008-10-14T11:49:00.000-04:002008-10-14T11:49:00.000-04:00I know I just opened a new IRA hoping that the dep...I know I just opened a new IRA hoping that the deposit would go through while it was at it's lowest, no such luck.Chiot's Runhttps://www.blogger.com/profile/05086153621579437021noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-42026056312372702602008-10-14T11:11:00.000-04:002008-10-14T11:11:00.000-04:00If you REALLY want to have some control over what ...If you REALLY want to have some control over what days your 401(k) plan buys stock shares, you could probably arrange to have all your new 401(k) deferrals and matches go into a money market or stable value (cash) fund, and then make your stock purchases from that whenever you perceive an opportunity to purchase at low prices.<BR/><BR/>I doubt you'd be any better off this way in the long term, but it is an option...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-48237391880761210142008-10-14T10:53:00.000-04:002008-10-14T10:53:00.000-04:00wha...? Even if the market had strong days today a...wha...? Even if the market had strong days today and tomorrow, doesn't make up for the losses in the last year....?<BR/><BR/>You're still buying low, you need to put it in larger context than just the last couple of weeks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-40214569423765314442008-10-14T10:48:00.000-04:002008-10-14T10:48:00.000-04:00You could be in my boat. My company has never bee...You could be in my boat. My company has never been able to deposit the 401k properly along with our company match. They always deposit it 3 or so days late. Why does this matter? Well think of it, after all these companies buy on the 15th and 30th, the market is up, then my company comes in 2 days late, and while the market is higher, they buy. Less shares. <BR/><BR/>I figured it out when I went to HR, and asked them about it, I was short about $10k dollars with on $50k in the account. So by the company not putting in the money on the day I get paid - I am off 20%? Yup. So I have lost 20% of value by the company timing it wrong.<BR/><BR/>When I brought this up to HR, they said (and it is true) technically they have 15 days to deposit the money AFTER the day you are supposed to get paid. So they are well within their right and guidelines. It just sucks that they cannot do it right and are screwing people out of money.Nothing fancy to think of ..https://www.blogger.com/profile/01072196836633642909noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-34661344597298762092008-10-14T10:23:00.000-04:002008-10-14T10:23:00.000-04:00If your company provides a 401k match, depending o...If your company provides a 401k match, depending on how they do it, you may be leaving money on the table by maxing out before the end of the year.Anonymousnoreply@blogger.com