Wed 1 Nov 2006
Well another pretty good month for me, in fact I don’t know if I’ve had this much organic growth ever in a month. Overall my retirement nestegg went up 7.39% and a majority of that was investment gains instead of additional principal added. Again its only one month and means absolutely nothing in the long term, but it’s sure nice to see things growing. In fact I should break the $50k mark sometime early next year.
My Roth IRA – $11,373.40 (+6.95%)
Wife Roth IRA – $12,083.91 (+3.26%)
Traditional 401K – $11,234.37 (+3.61%)
Roth 401K – $8,364.84 (+20.95%)
Total Retirement Nest Egg $43,056.42 (+7.39%)
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November 14th, 2006 at 2:52 pm
The month of October was pretty good for the market in general. Now that earnings season is about over, there isn’t much left to propel the market upwards. Seems like the Santa Claus rally came early this year.
Since you can still measure your time horizon in decades, a few up and down months are merely blips. Unless your Roth IRA accts are self directed, just rebalance every year and things will sort themselves out.