Core - Still Alive #7?

[BL42]

Core,

All my investments, 401k, mutual funds, savings rates, etc all tanked. I'm diversified and all tanked since 2021.

Core, your response completely confirmed my impression that you are depressed. But let’s talk about your investments for a moment - you do know, that if you’re diversified, you haven’t lost that money unless you pull it out of your investments? The market goes up and down - it’s never a straight line. You have a long time horizon. You shouldn’t be tying your mood to the swings of your retirement accounts at this age. I think the Mr Mustache site would help you.

I wish it would rebound. It may not this time, the whole market is rigged as we saw with the gamestop debacle. I invested in some impossible to lose stuff and it tanked for a year straight, I finally pulled those during a slight rebound and through the $ at my mortgage. Most of our paychecks wont make up for the inflation hit and we all lost a chunk of savings and 401ks from the inflation. Some of the market will come back for those that got in to things around 2008, its been disappointing to say the least!

The S&P500 is up 533% over the last 13 years. Yes it's down 10% YTD, but the growth the last decade plus has been gangbusters. Surely your 401k and other investments can't be doing all bad?