I don't understand this, and I think you should consider digging out your old statements or asking them to retrieve them for you and figure out what's going on. Actually, I would call whatever phone number you have for Fidelity's 401(k) retirement services and say "I would like help in figuring out what my personal rate of return on my 401(k) was for the last seven years," and stick with it until you understand.bogleblitz wrote:Still no clue what to buy in 401k, i randomly picked Fidelity contrafunds, small caps, internationals and contribute 10%. I did not login and look at my 401k for the next 7 years because I had no confidence or no knowledge about it. I login this year to see how much I accumulated and notice I finally saved something. My overall gain seems to be 0% though. I think I did not lose or gain any money from my 401k for the past 7 years.
FNK wrote:I wonder... what's wrong with all of us and investing? OP's story is far from unique. It's more like we all start out in some weird obtuse state
bogleblitz wrote:FNK wrote:I wonder... what's wrong with all of us and investing? OP's story is far from unique. It's more like we all start out in some weird obtuse state
My story is not unique, it is the norm. ...All my college friends and relative bought stock, so I bought as well. I think all my friends lost money eventually. I tried reading Money magazine with "10 hottest stock" or "10 hottest mutual funds".
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