Introduction
It is my personal finance research. Today it is the first time I looked into carefully the statement of my Par Tech 401 K 2010 first quarter statement. I like to do a quick case study.
Case study
2010 is the year to recover from 2008 recession. Based on the study I did last week, it should fully recover. I looked into my 2010 statement, I saw over 50% gain in 2010.
Large company [S & P 500 TR] 49.77
RGACX 45.56
SWPPX 49.52
PAFDX 57.76
I just could not believe that in 2010 I did not read carefully my statement, and did not take action to put back my asset back in equity fund as I did before 2008 crash.
Actionable Items
I have hard time to reveal the fact that I do not learn how to read my statements at all from 2007 to 2019. I do not have good financial habit to do book keeping, examine possible leak, major leaks in my personal finance. I totally abandon my 401 K and IRA in money market fund starting from 2008.
I have very hard time to deal with the stress, frustration and difficulty to transit from 2007 full time job H1-B laidoff, 2008 Canada immigration case denial because of not showing financial statement, 2009 appeal case in Canada Federal court, 2010 starting a full time job again in 44 years old.
I started from top paid software programmer from 1999 to 2001, and then one year break as a home maker, went back to Motorola as a research intern, computer science PH.D..
I do not push myself hard to learn the basics why I fail as a business woman. I just chose Christian belief and then ignored the hard work I should do.
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