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.
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How did you manage this. The market has been up every single year since you started.
Yea, you made a shitty bet, lost your ass, sold at the bottom, then reinvested into index funds, which has been steadily creeping up. That’s on you, bub.