My biggest financial mistake No 1 - $200,000 401 K and IRA gain

Oct. 26, 2019

Introduction

It is my personal finance research. After almost one year financial research, I found out that my biggest financial mistake is how to handle my 401 K and IRA from 1999 to 2019. Twenty years can generate over $200,000 dollars again based on my investment on 401 K from 1999 to 2001, 2004 and 2006 to 2007.

My 401 K contribution

Here is the blog I documented my contributions. I also list in the following:


1999 Atlantic Entertainment   $1880
2000 Atlantic Entertainment   $3610
2000 Trendium                         $650
2001 Trendium                       $5490
2004 IRA deposit                   $3000
2006-2007 Siva, par siva       $8000

Compared to index growth from 1999 to 2019, I do believe that 2010 $1000 on S & P index fund, in 2019 those $1000 dollars investment will be value of $3000 dollars.

I have 20 years to grow those $10,500 dollars from 1999 to 2001. I have 15 years to grow those $3000 dollars starting from 2004, and then I have 12 years to grow those $8000 dollars from 2007.