my support for him is unwavering, but I’m worried too many independents who swung to Trump in the election are harboring some degree of anger looking at their 401Ks...
I look at my 401k. I just make my 2025 IRA contributions for me and Ms Magnum ($16k total) based on the current low.
We are at about 20% down from a peak DOW record of 45,000. Buying today is like buying over a year ago. More shares for same price. If you look at all of market history, most corrections are not more than what we see today. I think the housing bust in 2008 was more, but that also was a buying opportunity. History says that within a year or so, the market will be at or headed up toward a new high.
Now is the time to buy, or make those conversions from non-Roth to Roth.