I confess, my 401k portfolio was invested too aggressively in 2008. I’m still down big as the chart shows below: (Ouch, yes it hurt me just to look at it) Yes, the cumulative rate-of-return from the beginning of 2008 to the end of 2009 is -18.6%. Looks pretty bleak for me huh… So what did I… Continue reading My 401k Is Still Under Water So I’m Using Dollar Cost Averaging To Bring It Back Up
Tag: 401k
No 401K 2010 Conversion to a Roth IRA for Me
I was hoping in 2010 that I could roll my entire 401k balance over to a traditional IRA, and then from there do another rollover to a ROTH IRA. The advantage of doing it in 2010, is that you can spread the contribution amount over multiple years (3 to be exact) to reduce the tax hit. So for the… Continue reading No 401K 2010 Conversion to a Roth IRA for Me