Quote:
Originally Posted by bobbyw8469
I contribute to my 401k. 31% to be exact. You can say the S&P is up. I am STILL in the hole from my peak around 4 years ago, under a different administration. And that is with me steady dumping 31% a year. Yes, I am glad the market is up this year. Yes, we are still in the hole. Those are facts.
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Robert, I don't see how you can be in the hole if you have been investing in broad-based mutual funds. Here's how the S&P 500 has done over the time frame you mention. Soryy that my copy-and-paste effort didn't turn out well. The annual % change is the far right column.
S&P 500 Index - Historical Annual Data
Year Average
Closing Year Open Year High Year Low Year Close Annual
Price % Change
2023 4,234.16 3,824.14 4,588.96 3,808.10 4,495.70 17.09%
2022 4,097.49 4,796.56 4,796.56 3,577.03 3,839.50 -19.44%
2021 4,273.41 3,700.65 4,793.06 3,700.65 4,766.18 26.89%
2020 3,217.86 3,257.85 3,756.07 2,237.40 3,756.07 16.26%
2019 2,913.36 2,510.03 3,240.02 2,447.89 3,230.78 28.88%