OT: Investing/Stocks/Bonds/Mutual Funds/Crypto

[ReasonablySober]

I should have checked in my 401k contributions earlier. The amount lost since March 1st is just sobering. I've always been very aggressive in my contributions but I'm pulling way the hell back for the time being.

[Finn]

Buy low, sell high. That's all I got.

[Kerb Hohl]

I should have checked in my 401k contributions earlier. The amount lost since March 1st is just sobering. I've always been very aggressive in my contributions but I'm pulling way the hell back for the time being.

I think now is the time to get more aggressive, FWIW. Maybe for a month or two you may be right if you turn the faucet back on then, but I cranked up my contributions in 2022/2023 when there was a dip and it did/will pay off.

Pretty insignificant to just tone back contributions short-term and therefore not too harmful or you may actually be right, but for those thinking of taking a bunch of money out, always look at the 5 year or 20 year trend to remind yourself not to do that.

[DigitalFool]

Your portfolio value may be down, but nothing is "lost" unless you sell.

I'm not one to sell and try and time the market. Buy the dips. NFA

[MickeyDavis]

I should have checked in my 401k contributions earlier. The amount lost since March 1st is just sobering. I've always been very aggressive in my contributions but I'm pulling way the hell back for the time being.

Some are continuing to contribute to their 401k but putting new contributions into a money market paying over 4%. Then when they feel comfortable they'll have ready cash to buy stocks again. Virtually all 401k plans have a MM option. Others, with a long time to retirement, just stay the course.

Bottom line is there's no right way to do it. Each person has their own comfort level.

[LUKE23]

I should have checked in my 401k contributions earlier. The amount lost since March 1st is just sobering. I've always been very aggressive in my contributions but I'm pulling way the hell back for the time being.

I wouldn't change anything. If you are contributing monthly, keep doing so. Pretty much all the financial big wigs and wealthy people agree with this philosophy too. This is heightened even more if you are 15-20 years from retirement.

Nice to see a green day today, I will say.

[jschligs]

Heck I upped my contributions this last month or two. I don't plan to touch any of it for decades anyways so might as well buy when things are shaky and let them go back up over the next 30 years. One thing I've been completely avoiding is crypto. Just too volatile and unpredictable.

As long as I'm not hurting to buy groceries/pay the mortgage I'll keep dumping money in.

[StickeeFingaz]

I should have checked in my 401k contributions earlier. The amount lost since March 1st is just sobering. I've always been very aggressive in my contributions but I'm pulling way the hell back for the time being.

I wouldn't change anything. If you are contributing monthly, keep doing so. Pretty much all the financial big wigs and wealthy people agree with this philosophy too. This is heightened even more if you are 15-20 years from retirement.

Nice to see a green day today, I will say.

Not so fast my friend…

[Stannis]

I should have checked in my 401k contributions earlier. The amount lost since March 1st is just sobering. I've always been very aggressive in my contributions but I'm pulling way the hell back for the time being.

I wouldn't change anything. If you are contributing monthly, keep doing so. Pretty much all the financial big wigs and wealthy people agree with this philosophy too. This is heightened even more if you are 15-20 years from retirement.

Nice to see a green day today, I will say.

Yeah, I got a few decades before my retire at least lol. I'm continuing to contribute. I had 20% in a cash fund, I changed that to 10% and put the extra in a low cost SP500 fund.

[LUKE23]

There are a lot of factors to this. Even in the Great Depression, the crash started in 1929 and returned to pre-crash levels by 1936. Now, we have tons of retail investors who auto-contribute, we have billionaires with huge stakes in the market and political influence, and we have the Fed much closer tied to economic policy.

My view on the current situation, if you are 15-20 years out, and we are still having market issues then, or it hasn't recovered, then we have far bigger issues than 401k balances. I do get the people that are hording more cash than normal right now, but I still wouldn't stop contributing monthly to your retirement if that has been your plan all along. This is assuming you have a decade, 15, 20 years to go.

[LUKE23]

Not so fast my friend…

Yeah. I won't do that again, I promise.

[LUKE23]

And, the billionaire pressure finally takes over.

[ReasonablySober]

Hell of a day for insider trading.

[MickeyDavis]

This is why you don't sell if you don't have to. Not that it's going to be a smooth ride back up but you don't want to miss big up days.

[midranger]

Just constant pump and dumps.

In a functional society there would be prison time.

[BUCKnation]

So that rumor Monday was very real then...

[engelmartin]

Is it low enough currently to buy low or will it be a lot lower than this? Asking for a friend

[midranger]

Is it low enough currently to buy low or will it be a lot lower than this? Asking for a friend

The uncertainty is going to be impossible to repair in the short term. We are no longer seen as a stable trade partner in the world. I think we will continue to sink as other countries turn to China, who they may not agree with, but will at least be a stable deal maker.

Just incredible self own.

[Ayt]

Is it low enough currently to buy low or will it be a lot lower than this? Asking for a friend

No one has any answer to that. Trump just dropped a bomb on the stock market.

[Ayt]

Kakistocracy is a government run by the worst, least qualified, or most unscrupulous citizens. Just throwing it out there.

Word of the day.