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My 401K has lost nearly 25% of its value in the last 3 years. Am I doing something wrong or is the market that terrible?
My 401K has lost nearly 25% of its value in the last 3 years. Am I doing something wrong or is the market that terrible? My 401K is through Merrill Lynch, and I contribute 17%. I’ve always had it kind of as “set it and forget it”, but after digging through the performance of the last few years, something seems off (or at the very least, it’s not growing as it projected). My beginning balance in December 2020 was $115,000. In that time, I’ve since contributed an a...
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