Showing posts from February, 2019

2018 Year End Index Investing Results

Sorry it’s been a while since my last post.Busy end of year.Like pretty much everyone else my retirement accounts got KILLED during the end of 2018 market correction.The S&P 500 dropped from a high of 2930 September 20, 2018 to a low of 2351 December 24, 2018 or 20%.Today the S&P 500 is sitting at 2700-so it’s still in recovery.
As a long term, passive investor, I remained invested and continued my usual 401k contributions and squeezed my eyes tight during the volatility.My balance had climbed to $289k in September only to plunge to $241k by Christmas Eve.Today I’m only at $284k-still not quite at my account’s high.On a bright note-all of my year end dividends, around $6k, were reinvested at market lows-so I was able to buy when the market was essentially on sale.
2018 Performance Starting Balance: $229, 553.52 Final Balance: $255,875.42 Contributions: $44,850.03 Loss: -$18,528.13 or -6.7%
Actually it’s not that bad given the total market dropped 20%.That’s the power of dolla…