All in all we can’t complain too much. The stock is rocking and if you held the matches over the past few years in your 401k you are doing ok!
14 replies (most recent on top)
@zt what smart people do
I always moved it to sp500 and over ten years that worked.
@h7 yeah no kidding. You have huge WF risk exposure just by taking a paycheck. And, you’d have been better off putting the money in Chase if you have tax-advantaged accts outside the 401(k).
Stock is rocking… LMFAO.
@h7 the amount of the match in my 401k is small compared to the portfolio. Maybe 2%
Why in god's name would you not diversify as soon as the match hits your account? Do you like having all your eggs in the same basket your job is in? For a bunch of bankers you all have a pi-s poor understanding of concentration risk.
@e5 lifetime performance against an index
@e2 how is the WFC stock a loser? There's a lot to say about picking single stocks, but calling WFC a loser is mind boggling.
Nvidia and Oklo are losers because they are single stocks.
I see a lot of posts on here that make me wonder about people that WORK FOR A BANK and pick single stocks that are losers. Thanks my low cost S&P owns WF stock.
I had it when it tanked to 10 something during the 2008 recession. Bought a crapton at that price and held it since.
I don't want that garbage in my portfolio.
NASDAQ index fund > WFC stock.
Classic misdirection.... Don't focus on the life you have to live 8 hours a day. Focus on the price of the stock $$$$$
Lol
Okay Charlie, I would rather have a job without constant threats of layoffs.