401K

Thebrownblob

Well-Known Member
Look at how many pulled money out during pandemic

Four years later the market is double of what it was at its low in 2020

Ouch
Yep, I had people telling me they were doing it to buy cars because the go ahead made it pretty much easy with relaxed rules concerning supposed disasters. Four years later, that car is almost worthless.
 
Yep, I had people telling me they were doing it to buy cars because the go ahead made it pretty much easy with relaxed rules concerning supposed disasters. Four years later, that car is almost worthless.
The smartest thing I ever did was not panic

I took an extra money I could find and doubled down.

Now I'm pretty good shape heading into retirement..
 

oldngray

nowhere special
The smartest thing I ever did was not panic

I took an extra money I could find and doubled down.

Now I'm pretty good shape heading into retirement..
dontpanic.jpg
 

Coldworld

Well-Known Member
It's a different story now I'm on the safe side of the investments but I knew that was a once in a lifetime buying opportunity.
If the markets keep dropping then we might have another "once in a lifetime" opportunity. Looking for another 600 point drop on Monday!!!!
Actually, if you’re not close to retirement, a declining stock market is a chance to load up on cheap stock!
What do you consider not close???
 
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