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re: Thoughts on 401k and possible recession
Posted on 3/7/19 at 6:29 pm to pcolatiger28
Posted on 3/7/19 at 6:29 pm to pcolatiger28
quote:
I must admit that I'm not very well versed in the stock market
Don’t try to time the market. People with infinite more resources can’t time the market so you’ve got no shot. Dollar cost average and invest in good and down years. Time in the market wins in the long run.
Posted on 3/10/19 at 2:39 pm to iAmBatman
quote:
Don’t try to time the market. People with infinite more resources can’t time the market so you’ve got no shot. Dollar cost average and invest in good and down years. Time in the market wins in the long run.
This.
If you are worried about the market tanking, add some bonds to your portfolio. There is no free lunch.
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