Tue 29 Aug 2006
FYI, both Fidelity and Vanguard posted 401K contributions yesterday.? Notice that it was a solid up day for nearly all markets.? What’s interesting is how both companies invested me and my significant other’s holdings on the same day, although typically my significant other is invested a couple days earlier, and my 401K is invested a few days later than this time of the month.? If I think of it, I’ll continue to report when there are significant 401K contribution events.? Food for thought that it’s not just oil going up or down that makes the markets move–I think overall cash flow is far more important!
September 7th, 2006 at 8:23 am
One thing I forgot to consider was August was a light trading month overall, so it’s possible that the “401K effect” will not be all that significant when there’s higher trading volume overall. We’ll see what happens this month.