Comments on: How to Cure Obsessive-Compulsive 401(k) Checking

By: Remortgage Deals

Remortgage Deals — Sat, 13 Mar 2010 11:56:17 +0000

Pretty cool post.very critical but very nice information man keep up the good work.very useful and informative blog and every body must visit this blog.Thanks.Keep blogging.

By: 401Ks and IRAs

401Ks and IRAs — Sun, 27 Sep 2009 08:30:05 +0000

I know a lot of people who say “Oh, well, checking obsessively is still better than not checking at all!” But, and I think you agree from all you said in your post, checking obsessively can be much worse. Not just because it drives you crazy and damages your mental health, but a lot of people who check all the time end up getting scared and cashing out the first chance they get, which has such a huge penalty! It’s not like you’ll actually be using the money for years anyhow. I usually recommend looking once a year, twice at most, and reevaluating your investments at that time.

By: web development

web development — Tue, 21 Jul 2009 11:26:25 +0000

Hey thanks for the lovely illustrations.You are lucky dude that your own company’s stock is still in the vicinity of its all-time highs..thanks for giving me your ideas..will help me in the future.

By: ed hardy

ed hardy — Thu, 16 Jul 2009 00:35:18 +0000

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By: stop dreaming atart action

stop dreaming atart action — Wed, 15 Jul 2009 01:43:55 +0000

thank you for sharing it

By: Best Personal Finance Posts in 2008

Best Personal Finance Posts in 2008 — Tue, 02 Jun 2009 21:40:45 +0000

[...] How to Cure Obsessive-Compulsive 401(k) Checking [...]

By: Therapy Los Angeles

Therapy Los Angeles — Mon, 01 Jun 2009 16:51:08 +0000

Imagine loosing a large chunk of your retirement AND loosing your job a few months later when you are 65! This is a sad scenario and I hope that if this happened to anyone, they would be able to find another job or be able to retire without much pain.

By: Tap Dance Moves

Tap Dance Moves — Tue, 12 May 2009 07:10:58 +0000

This article provides helpful information. I will surely recommend this to my friends. Thanks!

By: Tap Dance Moves

Tap Dance Moves — Tue, 12 May 2009 07:03:06 +0000

This

By: celebrity makeup

celebrity makeup — Mon, 27 Apr 2009 16:37:48 +0000

Due to excessive stress this type of psychological problem..many people have lost 5-10% of the values of their retirement accounts in 2008. Others have been even less fortunate; some folks heavily invested in their own companies only to see them go under and take their nest eggs with them..

By: Jonathan@Friends&Money

Jonathan@Friends&Money — Tue, 31 Mar 2009 18:25:53 +0000

you are so right, obessively checking it won’t might a single bit of difference, but will probably get you more fustrated particularly in the current climate where losses are very significant. who knows it may even go down further after the G20 summit in London on 1st April

By: WriterGig

WriterGig — Mon, 08 Dec 2008 14:51:50 +0000

I’ve ignored my 401k in the last few months … mostly because I took it all out when the Dow was at 14k …. I’m almost ready to get back into the stocks, but I think they have a little more tumbling to do.

By: Student

Student — Tue, 18 Nov 2008 21:14:21 +0000

I don’t think I have OCD but it is difficult not to check once a week in this market. I haven’t been as lucky as you. Hard to believe that you have been able to keep your 401k intact.

By: investment professional

investment professional — Wed, 12 Nov 2008 20:03:56 +0000

However, entirely ignoring your investments is not the way to go. If you do follow the financial news and do actively manage your retirement then it was perfectly possible to pull your money out and save a boatload on this most recent crash. I keep my retirement primarily in mutual funds with no transaction fees, making “short-term” (6-12 month) investments very easy and cost free.

By: San Diego

San Diego — Tue, 11 Nov 2008 15:36:56 +0000

hi, the comics are realy cool , well i have never checked my 401k too but maybe now after having read this article i will start doing it