tag:blogger.com,1999:blog-22906998.post4605446038024653962..comments2024-03-29T02:18:35.303-07:00Comments on TAG Blog: Forget You Own Investment Accounts ...Steve Huletthttp://www.blogger.com/profile/05537689111433326847noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-22906998.post-46192849177720373312014-09-13T11:21:32.328-07:002014-09-13T11:21:32.328-07:00As always, you speak the truth, Steve. I had $15 g...As always, you speak the truth, Steve. I had $15 grand in an investment fund that I didn't even know about once -- a 403(b) from an early job. It sat there for almost 10 years before I realized what it was. Unfortunately, it didn't go up much, because it had defaulted into a money market account. If it had been in a stock index fund, it would have more than doubled in that period. I'd made an ignorant decision in my initial paperwork with HR, and forgot about it. That ignorance cost me $20 grand in lost earnings.<br /><br />When I woke ap and shifted that money into a stock fund, the market promptly dropped 30%, so it had less than when I'd first earned it 10 years before! I finally got a clue and shifted it all into a rollover Vanguard account (VTSAX), and despite the missteps it's now worth a decent chunk of change, despite 2 more market downturns.Kevin Kochhttps://www.blogger.com/profile/03106628232118096961noreply@blogger.com