401k gained 30 percent

I got my 2019 statement from Hartford today and my plan gained 30%.
Very pleased.

I'm not going to turn this political because I get tired of hearing the same back and forth arguments of the cause.
That being said.. This is my best return on investment in the last 20 year's.
The economy is doing great.

a reply to: Bluntone22

What was the fund(s) and the main holdings?

originally posted by: Bluntone22
I got my 2019 statement from Hartford today and my plan gained 30%.
Very pleased.

I'm not going to turn this political because I get tired of hearing the same back and forth arguments of the cause.
That being said.. This is my best return on investment in the last 20 year's.
The economy is doing great.

Nice! Good for you. Since it's a 401K I assume you're just letting it ride?
There's always a real nice boom in January.
Here is some unsolicited advice from a person you don't know - take your rewards and run before the end of March.
OR call your rep and put everything in bonds and gold.

a reply to: Bluntone22

You should be! 22% was the 2019 average.

But Liberal Experts say the big recession ahead of our 2020 Elections, will wipe it all out.

a reply to: AugustusMasonicus


I don't have the paper with me right now to say other than it's the Hartford fund.

Just remember your ongoing contributions are part of that number. So not all 30% was actually a return. They don't provide the actual number but you can calculate it yourself. it should be illegal to publish the returns like they do.

Gain = Ending balance - Starting balance + contributions

originally posted by: sligtlyskeptical
Just remember your ongoing contributions are part of that number. So not all 30% was actually a return. They don't provide the actual number but you can calculate it yourself. it should be illegal to publish the returns like they do.

Gain = Ending balance - Starting balance + contributions

And your point is ????
Everyone should know that.

originally posted by: Bluntone22
I got my 2019 statement from Hartford today and my plan gained 30%.
Very pleased.

I'm not going to turn this political because I get tired of hearing the same back and forth arguments of the cause.
That being said.. This is my best return on investment in the last 20 year's.
The economy is doing great.

I live in a uber liberal town. I was at a neighbors New Years Even party. Some folks were talking about their 401k and other market returns and really wanted to bash Trump, but realized they couldn't.... LOL. They were kind of like "I know he is bad, but things seem to be going very well..." I could see they were trying to reconcile how thing really are versus what they want to believe.

a reply to: sligtlyskeptical

The fund I'm referring to didn't have any contributions last year so it was a 30% gain.
I put money in a few other investments.

Of course, what the market giveth... it can taketh.

Stay diversified...

Good job.

a reply to: Bluntone22

I averaged 14.25% across three 401's with NO contributions. The 14.25% was purely investment returns. I am very pleased with 2019.

It's almost like the continuation of a trend that started in 2009.

originally posted by: LordAhriman
It's almost like the continuation of a trend that started in 2009.

Almost!

a reply to: LordAhriman

That's a lovely chart.
But it's extremely misleading and over simplified.

After the stock market tanked in 08 it was bound to recover. I was invested during that slow and steady upward trend.
Last year was a huge jump in comparison to the mostly single digit returns over the last decade.

a reply to: LordAhriman

It was plateu'd from 2014-2016 and then took off. The market gained almost 20,000 points from 2016 till now in 4 years... vs around 8,000 points from about 2010 till 2016.

That chart is intentionally misleading because it squishes the scale as the volume gets higher to make the returns look like a steady trend when in fact the returns after 2016 have been much higher.

originally posted by: Bluntone22
a reply to: LordAhriman

That's a lovely chart.
But it's extremely misleading and over simplified.

After the stock market tanked in 08 it was bound to recover. I was invested during that slow and steady upward trend.
Last year was a huge jump in comparison to the mostly single digit returns over the last decade.

They want to try to make it seem like Obama started it... the only way to do that is to reduce the scale of returns. Notice on the Y axis how much gap is between 8, 10, 12... then as you start getting up to 16,000 around 2016 then reduce the scale and the gaps between numbers on the Y axis aren't as great. The effect of this is to reduce the steepness of the return line to make it look like a steady trend when in fact the jump was much higher after 2016.

originally posted by: LordAhriman
It's almost like the continuation of a trend that started in 2009.

Actually no, in 2008 the market crashed so it had nowhere to go but up throughout Obama years as President. But, as you can see by the chart you posted he didn't gain anything in the last 2 years of his presidency, then Trump comes in and it explodes again without crashing first. Obama had no clue on how to run an economy.

My fictious Yahoo Finance portfolios are up +$30 billion.




That's the main portfolio where I played Buffet rich.

49% have no money in the market. Their plan is to get gains another way.