My 401k in This Current Market Sucks
One of the many concerns that someone with their retirement savings tied up in a 401k faces is what to do with their 401k when the market sucks. Some people will tell you to dump it and run, putting all of your focus on bonds or CD’s. Other people will tell you to hold on and increase your 401k contribution during a market downturn.
So, who is right? Which is the better plan to follow when the market “sucks”?
July 18, 2008 | Filed Under 401k and Recession | 1 Comment
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