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.

  • bitwolf@lemmy.oneEnglish
    0·
    14 days ago

    You put 15k immediately in?

    That sounds stressful.

    If so, I feel it would be better to put 15k into your account but purchasing in 1k a month increments. It would have flattened that dip for you.

    • Appoxo@lemmy.dbzer0.comEnglish
      0·
      13 days ago

      I started by putting a good amount of money in first with the goal to the the average later on.
      I mean what should you do with spare 15k other then investing it somewhere.
      Yes, yes you could diversify…