GlennWest Posted October 9, 2022 Report Share Posted October 9, 2022 I am putting money in each week. 10%. It is loosing at approximately 17%. Know all 401k now hurting but is there something I can do different Quote 2003 Teton Grand Freedom towed with 2006 Freightliner Century 120 across the beautiful USA welding pipe.https://photos.app.goo.gl/O32ZjgzSzgK7LAyt1 Link to comment Share on other sites More sharing options...
Kirk W Posted October 9, 2022 Report Share Posted October 9, 2022 (edited) Right now we would probably be better off to have all of our money in CD's but the problem with that is that you have costs to do that and it locks you in for a year or so. I wish that I had a good answer. Mine is now down by about 20%. Edited October 9, 2022 by Kirk W Quote Good travelin !...............KirkFull-time 11+ years...... Now seasonal travelers.Kirk & Pam's Great RV Adventure Link to comment Share on other sites More sharing options...
Dutch_12078 Posted October 10, 2022 Report Share Posted October 10, 2022 The 401k I had allowed me to shift my funds into a variety of different mutuals, bond funds, and even a guaranteed interest account. That guaranteed interest account saved my butt in the 2007 fiasco after I moved everything into at the first signs of trouble. It only paid 5%, but at least it was making money when everything else was losing. Quote Dutch 2001 GBM Landau 34' Class A F-53 Chassis, Triton V10, TST TPMS 2011 Toyota RAV4 4WD/Remco pump ReadyBrute Elite tow bar/brake system Link to comment Share on other sites More sharing options...
RV_ Posted October 10, 2022 Report Share Posted October 10, 2022 (edited) If you have premium stocks in your mix and all stocks and the market is going down all I do is wait it out. But I do not depend on them for my retirement funds. So if you, like us, have some cash, buying while prices are down can be a good idea. I am staying pat and will watch them rise again as they always do as I am long. (Not all, some weak stocks do go bankrupt as one of my penny stocks just did) Just try to chart a course to follow Buffet's advice to buy low and sell high. You have not lost a penny until you sell. Nor have you profited until you sell. Stocks like Amazon, Tesla, Apple, Facebook tend to recover well. But even that is not a guarantee. Time will tell. Edited October 10, 2022 by RV_ Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
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