For you leet investors

{OF}Blong · 12-07-2005, 02:11 AM

What does a 401k statement mean with

Last month 3.43%
Last quarter 6.92%
Year to date 8.64%
One year 20.37%

whats the diff between year to date and One year?

is ytd from January until now? and One year is from a year ago today?

LoPo · 12-07-2005, 04:14 AM

What company manages your 401k?

I believe you assumption is correct.

{OF}Blong · 12-07-2005, 05:24 AM

Putnam investments manages it. Mcdonalds investments is our advice company

why those percentages horrible?

{OF}DMW · 12-07-2005, 10:11 AM

Those percentages don't look bad at all...

{OF}G_Man · 12-07-2005, 12:06 PM

I'd be real happy with those percentages.

{OF}DMW · 12-07-2005, 03:07 PM

Quote:

Originally Posted by {OF}Blong

What does a 401k statement mean with

Last month 3.43%
Last quarter 6.92%
Year to date 8.64%
One year 20.37%

whats the diff between year to date and One year?

is ytd from January until now? and One year is from a year ago today?

I could be wrong but I always though it meant the forecasted annual growth will be xx%. So the one year means they are forecasting it to grow 20% in a years time. Your year to date is what it has grown "to date" of the calendar year... or maybe fiscal year even not sure there.

I could be wrong but I think that's what it is. I mean if you have a fund that grows 20% annually for a good number of years... your doing alright. Since this is 401 were talking.

{OF}Blong · 12-07-2005, 05:04 PM

My year to date has been 20% at one time. but that was a couple years ago. So to me they are low

.

{OF}BadDaWg · 12-07-2005, 05:35 PM

If that was a couple of years ago, your doing real well!!

20 percent growth.............. WOW

My 401K just the last quarter of 04 finally made back the $$$ lost when the market crashed!!!
What 3 or 4 years ago!!

{OF}Flying_Dutchman · 12-07-2005, 07:38 PM

Yeah, you're doing pretty good there Blong.

And I think you're assumption about YTD versus one year is right.

{OF}Blong · 12-08-2005, 01:08 AM

Quote:

Originally Posted by {OF}BadDaWg

If that was a couple of years ago, your doing real well!!

20 percent growth.............. WOW

My 401K just the last quarter of 04 finally made back the $$$ lost when the market crashed!!!
What 3 or 4 years ago!!

aahh but I invested heavily in growth for a while. being I am only 26

. I have only been doing it just shy of 5 (will be 5 years in April). I figure I have some time to gain $$$ back if the market crashes

. although its kinda cool seeing a gain of $1000 in a day hehe. I dont normally look at my 401K that often but maybe 1x every month I check on it to see how its doing.