I’ll let my 401K ride... check back with me in 20 years and I’ll tell you how it went.
That’s the key, it depends WHEN you need it, if it’s a long term investment, leave it alone.
Exactly. I’m in for the long haul. I did move some money about a month ago to fixed income “safe” investments in the 401K. When this starts to turn in a few weeks or months, I’ll just buy back into it again. Many bargains out there with more coming.
My IRA money is in a 30 year fund...not selling. Will probably double down once S&P hits 820.
>I’ll let my 401K ride... check back with me in 20 years and I’ll tell you how it went.<
Why not get your head out of you know where and put it into an income fund? There is no reason to ride this out to the bottom and then slowly crawl back up to todays levels. Put it in the money market or bonds and after the bottom has been found transfer it over to a growth fund. Make some money instead of just losing it!