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re: Thoughts on 401k and possible recession
Posted on 3/10/19 at 4:40 pm to pcolatiger28
Posted on 3/10/19 at 4:40 pm to pcolatiger28
I was able to retire a few years ago at 62. Worked my entire career for two major corps with good 401k's. The only time I intervened was in 2008; after the crash I went 100% stocks & stock funds and maxed the percentages. After everything recovered, I slowly moved to the recommended splits. That set me up for life.
Lesson = buy low and sell high.
Lesson = buy low and sell high.
Posted on 3/11/19 at 2:49 am to HotBoudin
Where is your money now? Which funds specifically?
Posted on 3/14/19 at 7:10 pm to HotBoudin
That kind of intestinal fortitude cannot be taught, HotBoudin, props.
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