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re: Thoughts on 401k and possible recession

Posted on 3/7/19 at 6:29 pm to
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 3/7/19 at 6:29 pm to
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 by CivilTiger83
Member since Dec 2017
2525 posts
Posted on 3/10/19 at 2:39 pm to
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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