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convert the holdings into cash and ride it out? You can always dump the cash back into those funds later when things recover. Unless you can't personally mess with your 401
I've lost between 15 and 20 thousand in my 401k in the past 2 weeks or so. But I still have at least 30 more years to find it so I'll ride it out. I also have everything in an aggressive fund.
I’m positioned to make a killing on the market with things even out....unless we go with Bernie. His proposals scare me and the market below 10,000 could be a very real possibility IMO. Many investors will pull funds to hide them from his reach and shore them up for the looming tax tsunami.
sorry to go political there but it’s definitely a concern with the market.
Im just hoping with this market shake up that my 401k does great in the meantime...since its new to me how it works, I'd like to think things will go good when the market storms back up after all this hoopla.
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Tom Hanks is infected.
NBA suspended season after all-star player tested positive.
Feels a lot like Plague Inc.