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.

  • Buttflapper@lemmy.worldOP
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    4 hours ago

    I had a three fund portfolio. FSKAX total market index fund, blue chip large cap, and vanguard tech, with a really small portion of healthcare funds. The stock market seems to have totally dipped. Ant recommendations?

    • Poik@pawb.social
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      1 hour ago

      Yeah. Something doesn’t add up. The worst dip of what you mention is the blue chip large cap, but the curve you posted looks like VTINX or the vanguard 2030-2040 target date funds, not any of the funds you listed.

    • imposedsensation@lemmynsfw.com
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      3 hours ago

      Not possible. There’s no way, just look at the performance of those parts over the past 5 years. I’d go look at your statements. Seems off to me. What kind of healthcare? Biotech is very volatile but broad healthcare hasn’t collapsed either.

      • tburkhol@lemmy.world
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        2 hours ago

        Yeah, OP isn’t telling us everything. He’s got a 50% decline in what looks like January 2022, where FSKAX and VTI were off by ~10%. Half that drop looks like it happened on one day. In fact, now that I look at it, it’s kind of reminiscent of a BTC chart.

    • Blue_Morpho@lemmy.world
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      3 hours ago

      Your results don’t make sense. What are all the specific funds because the ones you listed didn’t lose money.