Sniggle
Recycles dryer sheets
I really hated seeing my 401K drop like a stone around 2000, and decided then to not let that happen again. It paid off as I pulled my money back as the 2007/8 pullback occurred, but I was slow to get back in and lost out on some gain in 2009.
For me, if I see the market pull back over 5% I plan to move everything into my 401K's safe fund, and hunker down. It would be too painful to see my 401k drop below 7 figures.
Anyone else have a similar mindset?
For me, if I see the market pull back over 5% I plan to move everything into my 401K's safe fund, and hunker down. It would be too painful to see my 401k drop below 7 figures.
Anyone else have a similar mindset?