Well my wife’s 401k is now down $35,000. She is worried. I have told her it will come back, she’s got 20 years left for it to come back. I told her if you switch your options now, all the options you have, when they make ancome back you will have lost all the $35,000.
How do you guys feel a about the market? Do you think it is short term thing? Personally I think it is. If a small family is losing, the big boys gotta be losing too, right?
I’m thinking of stopping contributions for awhile til it makes a comebacl.
The
last thing you want to do is stop contributions. Stay the course, it's not a sprint, it's a marathon.
