My retirement fund that I just started was worth $15k in December of 2021. Then, May of 2022, our area was hit really hard. My retirement plan went down to $7k. Today, it’s worth $11k. I lost $4k on my retirement plan. It’s invested in total market funds, some tech, some big cap companies, and healthcare. But every sector has been ravaged by the stock market changes.
I have no idea what anybody is talking about.
If you don’t know what you are doing, and still young, just set a low cost broad market index fund or ETF as the place your retirement funds go. An example would be VTSAX or VTI. Disclaimer: I am not an investment expert or advisor.