- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
401k help needed
Posted on 11/3/16 at 10:51 am
Posted on 11/3/16 at 10:51 am
I've had my 401k for 11 years now and I'm a little concerned with the election. Should I leave my money in a higher risk category or move it to a low risk until after the election and see how the market is responding to the new POTUS?
5
Posted on 11/3/16 at 11:01 am to Deaux boi
how close are you to retirement?
Posted on 11/3/16 at 11:29 am to dlmast87
Oh about 20 years.
Posted on 11/3/16 at 12:20 pm to dlmast87
I'm still 20+ years away but just in case I've put a portion of our retirement accounts into money market funds just until after the initial shock , if there is one.
I don't plan on having it there long and it's not like the market has been on fire these last couple months anyway.
I don't plan on having it there long and it's not like the market has been on fire these last couple months anyway.
Posted on 11/3/16 at 12:37 pm to Deaux boi
Whatever you're thinking of doing, don't.
Posted on 11/3/16 at 12:51 pm to Deaux boi
Time in the market, not timing the market.
Posted on 11/3/16 at 2:11 pm to Deaux boi
I moved out of stock today just until after election. Hopefully there is a big drop and I will get back in at a lower rate.
Posted on 11/3/16 at 3:20 pm to WPBTiger
Posted on 11/3/16 at 3:24 pm to WPBTiger
quote:
I moved out of stock today just until after election. Hopefully there is a big drop and I will get back in at a lower rate.
why not just short the market if you're sure enough there is going to be a big drop.
Posted on 11/3/16 at 4:37 pm to HYDRebs
quote:
why not just short the market if you're sure enough there is going to be a big drop.
Not an option with 401k
Posted on 11/4/16 at 6:05 am to Deaux boi
quote:
Oh about 20 years.
You have time....don't try to time the market, just keep plugging away. It's like trying to catch a falling knife, you may get lucky but more than likely you'll lose and it's gonna hurt.
Posted on 11/4/16 at 7:29 am to Deaux boi
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News