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To: Darnright

my 401k has done wonderful....do I get out of the market and miss any other gains, and any losses, or stay the course?


228 posted on 04/29/2021 6:45:59 PM PDT by cherry (we are the Remnant)
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To: cherry

I think we are in for a crash. How long it will take to recover? Who knows. I think I am going to look at the next day or so and see what happens


238 posted on 04/29/2021 7:28:04 PM PDT by Darnright (We live in interesting times)
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To: cherry

my 401k has done wonderful....do I get out of the market and miss any other gains, and any losses, or stay the course?
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That depends, on your financial situation, age, and risk tolerance to name a few things.

How much are you willing to lose in that 401K? A good question to also answer is: If you lost all you have invested, would you be ok with that, or would it be so awful, that you could never recover financially or at least by your retirement age?


242 posted on 04/29/2021 7:41:13 PM PDT by greeneyes ( Moderation In Pursuit of Justice is NO Virtue--LET FREEDOM RING)
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