korn6499
Confused about dryer sheets
So Im 30 and finally have a job with a 401K with a match. I realize the match is the only reason to participate, but I want to have performance as well and retire young . I have participated for 5 months, and want the community to check out my numbers and let me know if anything is wierd:
Total Contribution: $2082.69
Bi weekly contribution: $208.27
Period: 10 investments
Gain (if I sold today at fund stock price): $37.03
Fees (admin, trade, fund expense ratio, and admin expense ratio): $10.42
Not entirely sure how the fee structure works, but dollar amounts are listed on the website and statement for trade and admin, and the ratios are not listed yet and vary per fund and the admin expense ratio is 0.25% and also is not posted. I am pretty sure though that if I took my money out, they would expect their cut on the funds so I have included it
So just follow me here, basic return equations would state:
(F/A, i, 10) and you are able to find your return?
F=2082.69+37.03-10.42=$2109.29
A=$208.27
F/A=10.13
I go look in my economics book, and my return is something like 0.3%. This doesn't even hedge inflation!
Is there something wrong here? The approach seems logical to me.
Total Contribution: $2082.69
Bi weekly contribution: $208.27
Period: 10 investments
Gain (if I sold today at fund stock price): $37.03
Fees (admin, trade, fund expense ratio, and admin expense ratio): $10.42
Not entirely sure how the fee structure works, but dollar amounts are listed on the website and statement for trade and admin, and the ratios are not listed yet and vary per fund and the admin expense ratio is 0.25% and also is not posted. I am pretty sure though that if I took my money out, they would expect their cut on the funds so I have included it
So just follow me here, basic return equations would state:
(F/A, i, 10) and you are able to find your return?
F=2082.69+37.03-10.42=$2109.29
A=$208.27
F/A=10.13
I go look in my economics book, and my return is something like 0.3%. This doesn't even hedge inflation!
Is there something wrong here? The approach seems logical to me.