IRA value significantly higher than it should be : personalfinance


After the market crashed earlier this year I decided it’d be a good time to do some research and finally open up my first Roth IRA. After reading the sidebar here, I decided to invest in a S&P 500 ETF called $SPY. I only had around $2000 to invest so I started with 5 shares of SPY at the market price at the time, $241. I forgot all about this until this week, when I thought I should check on what will happen at the end of this week. I just logged in and it shows that my account value is around $29,000. This seems very off to me. Is this some kind of security red flag, like someone might have gotten access and is doing something weird in my account? I was expecting my account to be up around $200 or so, this seems like some kind of error. Has anyone else ever had this happen?



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