>Start 401k last month like you guys said
>Already in the red.
seriously fuck you all.
>Not starting it in the middle of a recession so you get mad gainz and retire as a multitrillionaire in 3 years
Are you even fucking trying?
to voice what others have said with a bit more information
a 401k account is designed to have lows and highs because it more closely follows the market the younger you are to give you more chances for gains.
as you get older it slowly becomes safer.
you want it to be volatile because otherwise you get less than 2% on average. You want 6-12% over time or you won't really compound much value.
If you have a 401k just ignore anything but the company closing that handles your 401k
>bitching about losing 2k
Starting Balance $270,382.64
Net contributions $169.62
Change in value $13,120.66
Ending balance $257,431.61
Net change $(%) $12,951.04(-4.79%)
Just another month