tricky question of the day, lol, I was looking at my statement for my 401k and it shows for the last fiscal quester I made 5.4% interest. I've made around that for each quarter since I opened it a a while ago. Initially, I was thinking "hey, thats 20% for the year, not bad", but I don't think thats correct. I'm not sure, but if you make 5% each quarter for a year that means you made 5% for the year correct?
This is a good question for an accountant, hopefully I'm not making only 5.4% a year on my 401k, as aggressively and diversified as I have it set-up, lol
2007-08-29
12:08:04
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6 answers
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asked by
Will H
2
in
Business & Finance
➔ Investing
I looked at my statement again, its states 5.4% RETURN for the quarter on the investments, they're mutual funds/stocks
2007-08-29
14:31:39 ·
update #1