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To: vpintheak

All I have is a 401k and a meager one at that.
I generally ignore it and only look at the quarterly statement.
I started actually looking closer at it and watched it lose 5 grand in the course of two weeks.
I just transferred it all into gauranteed interest.
It’s only just over 1% but I see it as better than giving my money away.

Will rethink on it later if/when things come back around.


43 posted on 04/29/2022 5:19:01 PM PDT by Tolk2112
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To: Tolk2112

I hear you, but really you can ride it out without too much worry if you have time before retiring. Just make sure you put it back where it was before if it was performing well before this latest downturn. I don’t have a ton in mine, but I’m just riding the roller coaster. I’ll move it into safer investments as I near retirement. And actually Fidelity does that for you based an on estimated retirement date.


46 posted on 04/29/2022 6:13:16 PM PDT by vpintheak (Live free, or die!)
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