Originally Posted by
JessTD
that would imply that the market is guaranteed to return to the previous levels, theres no guarantee that that will happen.
also that would imply that once you purchased levels returned ... levels continue to drop though
they may never return to those levels
but the market has always out performed
no no no
Do not stop buying. dollar-cost averaging. This is the time you want to be buying and building a long term portfolio.
eEerybody runnning scared right now.
more for us!)
Originally Posted by
JGordon
I've upped my 401k contributions by 2% in the last 4 months, and I'm thinking about upping it more. I'm not planning on accessing my 401k for 30 - 40 years, so I assume whatevery I buy now in a depressed time will regain its standing and earn me a lot of money over the next 4 decades. The market is low, and though we may not have hit rock bottom yet, many stocks are artificially depressed right now and I feel that it's a great time to buy in. If for some ungodly reason the market doesn't recover in 40 years, then I feel like I wouldn't need the money I'm dumping into my 401k anyway, as civilization as we know it will have collapsed.
Smart man
