My retirement fund that I just started was worth $15k in December of 2021. Then, May of 2022, our area was hit really hard. My retirement plan went down to $7k. Today, it’s worth $11k. I lost $4k on my retirement plan. It’s invested in total market funds, some tech, some big cap companies, and healthcare. But every sector has been ravaged by the stock market changes.

  • socsa@piefed.socialEnglish
    0·
    16 days ago

    Yeah there is something else going here. No domestic markets are actually down in this interval. OP must have bought some individual stocks.

    • protist@mander.xyzEnglish
      0·
      16 days ago

      Or be invested in managed funds with high fees that are performing poorly vs index funds. My 403b is definitely up over this same period, but I’m only in index funds

    • IHawkMike@lemmy.worldEnglish
      0·
      16 days ago

      Yeah, this is FSKAX over 3 years. I have a lot of my portfolio in it and it does well. It’s up 24% over that period.