Finally. My 401k has been bleeding for years...
And if you’re close to retirement and seeing large changes due to to market, you haven’t invested properly. The closer you are to retirement the more safe the investments should be.
Checking your 401k balance every day at 30 years old is going to make you crazy.
Pandemania pushed stocks to insanely high levels, unless you literally started investing in 2021 you should be good.
I.e. For tax reasons I have several yearly buckets, I only have general broad ETFs and every year is up, except for 2022.
Perhaps you just failed at stock picking? If so, it probably won't improve, as it's hard for everyone to win.