Young by long term and if not then you better off selling.

How is your 401k doing? mine went down the toilet but my wife's 401k just keep going up and up

 

i wonder if i should adjust what i'm investing in. i forget exactly how i have it set up. h:

 

I adjusted my contributions down to 6% including matching, I also get some profit sharing but its not much this year. I lost 35% of the value of my portfolio last year and its already down 13% this year. I can do more with my money now by paying off some debt, I'm hoping to kick back up my contributions hopefully in the fall.

 

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.

 

they may never return to those levels
but the market has always out performed

eEerybody runnning scared right now.
more for us!)

Smart man

 

My work is thinking about transferring everyone's 401k's to Roth IRA so we can do what we want with our money. Do NOT stop contributing, if anything, get more while it's low. Remember, you haven't lost any money yet...because you aren't cashing it out. The more you can put in now, the better.

 

Keep contributing!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!1 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!11 :crazyr: :crazyr: :crazyr:

Cannot emphasize enough how stupid it would be to not invest right now if you have the means to do so.

 

ok ok i got it

thanks folks

 

I would put it the same way Josh did. Given a few decades (more than likely less time than that), it is pretty much guaranteed to return. If that isn't the case, it'll be the end of the American economic order and your money won't be worth anything anyway. So if you really believe that's going to happen, you might as well just spend your paychecks on hookers and blow.

Dollar cost averaging works if the market goes up-down-up, down-up-down, up-up-up, down-up-up, down-down-up. Pretty much every combination except for down-down-down, which historically, has never occurred.

 

what is everyone investing in right now? I just got into buying some stocks on scottrade and i am trying to see where people are putting there money so far i have invested in GE Anything else that people feel is a good bet?