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re: Stopping the 401k bleeding. Long

Posted on 3/2/23 at 11:36 am to
Posted by CajunTiger92
Member since Dec 2007
2821 posts
Posted on 3/2/23 at 11:36 am to
quote:

Even so, the middle of a bear market is not a great time to make that determination.


I agree, the beginning is a great time but that opportunity has passed. It's always possible that a new bull market has started and we'll soon return to making all time highs. I just think that scenario has long odds while the fed continues to raise. I'd rather see him reduce his risk now rather than wait until we are at the bottom and he just can't take it anymore.
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69412 posts
Posted on 3/2/23 at 3:34 pm to
quote:

You lost 30%?
The S&P 500 is down only half that from its all time high.
You may be better off just sticking with an index fund.



I lost 20% but I also plan on working another 30+ years
Posted by Asharad
Tiamat
Member since Dec 2010
5737 posts
Posted on 3/3/23 at 6:39 pm to
Stop switching investments, restart your contributions, and don't check your balance for at least two years.
Posted by bushwacker
youngsville
Member since Feb 2010
3629 posts
Posted on 3/4/23 at 7:59 am to
i lost 30% as well but I am still 14 years out. I am maxing everything out, so i figure i am buying now at a good deal. will adjust into a more conservative mode in another 8 years i figure.
Posted by Asharad
Tiamat
Member since Dec 2010
5737 posts
Posted on 3/4/23 at 11:34 am to
I have 8 years to retirement. I'm going aggressive for the next 4 years
Posted by JBM210
Member since Dec 2010
3192 posts
Posted on 3/6/23 at 7:22 am to
I checked my production for the first 2 months of this year and I’m actually up 2%. Better than down anything
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11301 posts
Posted on 3/6/23 at 9:14 am to
Yeah, bond funds aren't bonds so #1 got hammered by duration risk and is highly correlated with your equity holdings. Basically you were sold on diversification that isn't there. I'd be putting any cash you have into T-bills. They will outperform equities and corporate bonds in the short to medium term (1-2 years).
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