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401k self managed fund question
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<blockquote data-quote="Darmark7" data-source="post: 5797189" data-attributes="member: 83127"><p>I never was in management. I was a driver so we couldn’t buy stock until the very late 1990’s. I didn’t start buying until 2000. If I would have known then what I know now I would have started buying on day 1 and would have had more money taken out of my paycheck weekly for stock. At first I had $50 a week taken then after a couple years I went to $75 and then quickly went to $100. My last few years I was up to $200 and in 2020 when COVID drove down the price of a share to around $90 a share I bought an extra $2000 worth on top of my weekly.</p><p> I retired a little over 3 yrs ago and at that time I think I had around 1750 shares. The dividend money is what has bought more shares since I retired.</p></blockquote><p></p>
[QUOTE="Darmark7, post: 5797189, member: 83127"] I never was in management. I was a driver so we couldn’t buy stock until the very late 1990’s. I didn’t start buying until 2000. If I would have known then what I know now I would have started buying on day 1 and would have had more money taken out of my paycheck weekly for stock. At first I had $50 a week taken then after a couple years I went to $75 and then quickly went to $100. My last few years I was up to $200 and in 2020 when COVID drove down the price of a share to around $90 a share I bought an extra $2000 worth on top of my weekly. I retired a little over 3 yrs ago and at that time I think I had around 1750 shares. The dividend money is what has bought more shares since I retired. [/QUOTE]
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