Anyone else take a major beating this quarter?

M_Six · 10-31-2015, 12:24 PM

I know the markets have been tough, but dayem! My supplemental retirement funds got moved from a recently closed fund to one that would "better diversify" my investment. The former fund was safe and rarely lost a lot, although gains were slow (but at least there were gains). This new fund not only lost every penny I put in last quarter, but that amount again. 200% loss of new investment funds for the quarter. I swear I could do better than these "professionals" just by random choice.

ASBSECU E93 · 10-31-2015, 12:43 PM

My 401k has been relatively flat. The only options available for investing through the company plan have all been flat or down though.

My stock portfolio (self directed) has fared much better. Taken advantage of the fears and swings to maximize a couple bounce opportunities.

M_Six · 10-31-2015, 12:53 PM

I'd take flat over cratering any day. The plan we're in has a decent Morning Star rating, but I don't know enough about investing to know if that means anything. I wish my investing knowledge was equal to my IT knowledge.

ASBSECU E93 · 10-31-2015, 01:01 PM

Our company also has a pension plan, which is a huge plus.

I have always hated being limited on investment options through company match plans.

mc-m3 · 10-31-2015, 01:08 PM

Been a terrible year for my old 401k. I think it's down ~10% for the year. No contributions to this one this year as it was through my previous employer. I haven't looked at the current one in a while, guess I'm afraid to.

M_Six · 10-31-2015, 02:02 PM

Quote:

Originally Posted by ASBSECU E93

Our company also has a pension plan, which is a huge plus.

I have always hated being limited on investment options through company match plans.

I also have the state of IL University pension plan, which is generous, but in deep, deep financial trouble. I'll be shocked if I get the same benefits when I retire that current retirees are getting.

Taskmaster · 10-31-2015, 02:05 PM

I need more disposable income. My 401k is flat though.

1MOREMOD · 10-31-2015, 02:21 PM

I've gotten raped the last couple months. Money under my mattress and go buy a c6 z06 would have been cheaper.

Biorin · 10-31-2015, 05:08 PM

It's been a lovely quarter. Can't complain. Can't say that for the entire year...

ASBSECU E93 · 10-31-2015, 05:15 PM

Quote:

Originally Posted by Biorin

It's been a lovely quarter. Can't complain. Can't say that for the entire year...

I sold AAPL on Friday - this is the first time since 2002 that I have not held ANY AAPL.

It will be interesting to see how the 4th qtr finishes for retail...

CHCCubs · 10-31-2015, 05:38 PM

I was down a bit last quarter, but have rebounded in October though. Overall it's been a relatively flat year for me (up about 4.5% YTD), compared to gains of approximately 10% last year and 11% in 2013.

NickyC · 10-31-2015, 05:42 PM

Sorry to hear fellas, I know how hard you all work for your money. Keep your heads up!

kprocivic · 10-31-2015, 08:41 PM

Overall for the year I'm still ahead with my 401k. My scottrade I got in recently so it won't be much worse.

M_Six · 10-31-2015, 09:45 PM

My 403b fund chart over its lifetime shows this quarter as a minor fluctuation down, but still minor. But tighten up the dates to the past 2 years and ouch, it looks bad.

Sort of like seeing the Himalayas from space as opposed to the seeing them on the ground. "Minor" is a very relative term sometimes.

kscarrol · 10-31-2015, 09:54 PM

Yes, September was a terrible month, driving the crappy 3Q performance. October has been much better w/ both the Dow and S&P500 up more than 8%. Hopefully 4Q will be better....

csu87 · 10-31-2015, 11:15 PM

My 401k has been fine, but my investing account has gone to shit. I'd be better off investing in the lottery based on the last few months

DF · 11-01-2015, 12:05 AM

401k dropped a fair amount

E90SDGUY · 11-01-2015, 01:07 AM

Been good for my TSP this quarter. There were ups and downs but mostly ups. Hope things pick up for the rest of you.

Lups · 11-01-2015, 01:03 AM

I am taking a beating like never before this year.

other_evolved · 11-02-2015, 01:12 PM

October was a nice recovery month. Diversification is the only free lunch......

SunnyD · 11-02-2015, 02:53 PM

I'm getting beat like a red-headed stepchild

Taskmaster · 11-02-2015, 04:26 PM

Quote:

Originally Posted by csu87

My 401k has been fine, but my investing account has gone to shit. I'd be better off investing in the lottery based on the last few months

10-31-2015, 12:24 PM	#1
M_Six Free Thinker 16890 Rep 7,454 Posts Drives: 2016 MB GLC300 4matic Join Date: Jan 2009 Location: Foothills of Mt Level iTrader: (0)	Anyone else take a major beating this quarter? I know the markets have been tough, but dayem! My supplemental retirement funds got moved from a recently closed fund to one that would "better diversify" my investment. The former fund was safe and rarely lost a lot, although gains were slow (but at least there were gains). This new fund not only lost every penny I put in last quarter, but that amount again. 200% loss of new investment funds for the quarter. I swear I could do better than these "professionals" just by random choice. __________________ Mark markj.pics "There is no shame in dropping fruit in your glass." -UncleWede
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10-31-2015, 12:53 PM	#3
M_Six Free Thinker 16890 Rep 7,454 Posts Drives: 2016 MB GLC300 4matic Join Date: Jan 2009 Location: Foothills of Mt Level iTrader: (0)	I'd take flat over cratering any day. The plan we're in has a decent Morning Star rating, but I don't know enough about investing to know if that means anything. I wish my investing knowledge was equal to my IT knowledge. __________________ Mark markj.pics "There is no shame in dropping fruit in your glass." -UncleWede Last edited by M_Six; 10-31-2015 at 01:01 PM..
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10-31-2015, 01:08 PM	#5
mc-m3 Private First Class 213 Rep 105 Posts Drives: 2006 X3, 2015 Panamera Join Date: Dec 2014 Location: Seattle iTrader: (0)	Been a terrible year for my old 401k. I think it's down ~10% for the year. No contributions to this one this year as it was through my previous employer. I haven't looked at the current one in a while, guess I'm afraid to.
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10-31-2015, 02:05 PM	#7
Taskmaster Banned 2465 Rep 9,004 Posts Drives: M235i 6MT / E92 328 Msport 6MT Join Date: Nov 2013 Location: Florida iTrader: (6)	I need more disposable income. My 401k is flat though.
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10-31-2015, 02:21 PM	#8
1MOREMOD - 11817 Rep 23,187 Posts Drives: Race car-> Join Date: Mar 2009 Location: check your mirrors iTrader: (5)	I've gotten raped the last couple months. Money under my mattress and go buy a c6 z06 would have been cheaper.
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10-31-2015, 05:08 PM	#9
Biorin Lieutenant 2785 Rep 421 Posts Drives: to get cheeseburgers Join Date: Oct 2013 Location: Sweatervests & Range Rovers iTrader: (0)	It's been a lovely quarter. Can't complain. Can't say that for the entire year...
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10-31-2015, 05:38 PM	#11
CHCCubs Colonel 97 Rep 2,101 Posts Drives: 2013 BMW 328i xDrive Sport Join Date: Apr 2009 Location: Toronto, ON, Canada iTrader: (0)	I was down a bit last quarter, but have rebounded in October though. Overall it's been a relatively flat year for me (up about 4.5% YTD), compared to gains of approximately 10% last year and 11% in 2013. __________________ 2013 BMW 328i xDrive Sport Line Mineral Grey on Everest Grey
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10-31-2015, 05:42 PM	#12
NickyC Lieutenant General 17474 Rep 10,662 Posts Drives: M4 CS. Former G82, x2 F82, F80 Join Date: Nov 2010 Location: Jacked out of my mind iTrader: (23)	Sorry to hear fellas, I know how hard you all work for your money. Keep your heads up!
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10-31-2015, 08:41 PM	#13
kprocivic Lieutenant Colonel 813 Rep 1,575 Posts Drives: ecoboost s to the t Join Date: Apr 2014 Location: 92346 iTrader: (7)	Overall for the year I'm still ahead with my 401k. My scottrade I got in recently so it won't be much worse.
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10-31-2015, 09:45 PM	#14
M_Six Free Thinker 16890 Rep 7,454 Posts Drives: 2016 MB GLC300 4matic Join Date: Jan 2009 Location: Foothills of Mt Level iTrader: (0)	My 403b fund chart over its lifetime shows this quarter as a minor fluctuation down, but still minor. But tighten up the dates to the past 2 years and ouch, it looks bad. Sort of like seeing the Himalayas from space as opposed to the seeing them on the ground. "Minor" is a very relative term sometimes. __________________ Mark markj.pics "There is no shame in dropping fruit in your glass." -UncleWede
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10-31-2015, 09:54 PM	#15
kscarrol Brigadier General 8908 Rep 4,107 Posts Drives: 2021 X3 M40i, 1974 2002 Tii Join Date: Jun 2010 Location: Greenville, SC iTrader: (0)	Yes, September was a terrible month, driving the crappy 3Q performance. October has been much better w/ both the Dow and S&P500 up more than 8%. Hopefully 4Q will be better.... __________________ 2021 X3 M40i 1974 2002tii, Inka, 5 sp manual BMWCCA # 327475
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10-31-2015, 11:15 PM	#16
csu87 Banned 2134 Rep 3,554 Posts Drives: 09 335xi Join Date: Nov 2013 Location: Northern Colorado iTrader: (0)	My 401k has been fine, but my investing account has gone to shit. I'd be better off investing in the lottery based on the last few months
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11-01-2015, 12:05 AM	#17
DF Major 239 Rep 1,255 Posts Drives: F23 Join Date: Sep 2013 Location: Sherman Oaks iTrader: (0)	401k dropped a fair amount
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11-01-2015, 01:07 AM	#18
E90SDGUY Private First Class 35 Rep 186 Posts Drives: 07 335i COBB and Stuff Join Date: Jun 2014 Location: San Diego iTrader: (2)	Been good for my TSP this quarter. There were ups and downs but mostly ups. Hope things pick up for the rest of you.
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11-02-2015, 01:12 PM	#20
other_evolved Lieutenant Colonel 2025 Rep 1,895 Posts Drives: 2015 Chevrolet SS Join Date: Oct 2012 Location: Saint Louis iTrader: (0)	October was a nice recovery month. Diversification is the only free lunch...... __________________ Present 2015 Chevrolet SS 2014 Jeep Cherokee Trailhawk V6
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11-02-2015, 02:53 PM	#21
SunnyD Major 452 Rep 1,289 Posts Drives: M4 GTS Join Date: Dec 2006 Location: Long Beach, CA iTrader: (0)	I'm getting beat like a red-headed stepchild __________________ '16 ///M4 GTS '11.75 ///E90 M3 ZCP \| DCT '06 ///M5 \| SMG - Gone '98 ///M3 \| 5MT - Gone '07 ///M Coupe \| 6MT - Gone
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