I've been checking for a little over a month now, but it's finally here. Over $4,000 has been put into my 401k account from my employer. The contribution is based upon profit-sharing and not upon my contribution amount, which is great because in one day that deposit exceeded what I had put in there for the entire year.
Even better (for me at least) is that stocks are really down right now, so my $4,000+ infusion went directly to cheaper stocks with a big (hopefully) growth potential!
Obviously, this has really made my week!
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2 comments:
Good for you! This economy leads people to be squeamish about buying so that's great that you did it. We've been thinking about doing it too hoping there was some insurance for knowing which stocks would do well, but there isn't such a thing. Gut instinct and luck, I guess. Best to you.
Jerry
www.leads4insurance.com
Yes, it's cool, and useful for me.
My articles Fidelity 401k
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