Tykimeister
Recycles dryer sheets
- Joined
- Aug 21, 2008
- Messages
- 98
For those of us who are younger than 25 years old, would right now be the best time to start a mutual fund? Everyone knows the market is in trouble and hope isn't really in focus yet. I keep hearing my father, step-father, grandpa, etc. talk about how their 401K is down some 30-40%. Would this be a prime time for a youngster to jump in the market? Obama stated that the market will probably get even worse before it gets better, but when the market is down, especially really down, wouldn't this be the best time for someone younger to buy some mutual funds? Or do people think the market will get even worse in the next year or two?
Any advice would be greatly appreciated.
Ty
Any advice would be greatly appreciated.
Ty