Some 401-K holders decided to ride out the storm of the stock market tumble and are now seeing huge returns from the stock market. Was this your strategy? Did you make or lose money over the last year? Share your stories here.
Did you hang tight with your 401-K investments when the stock market tumbled?
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Did you hang tight with your 401-K investments when the stock market tumbled?
posted at 6/2/2013 5:09 PM EDT
- BDCEditor
- Posts: 45
- First: 4/4/2008
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Re: Did you hang tight with your 401-K investments when the stock market tumbled?
posted at 6/2/2013 7:41 PM EDT
- miscricket
- Posts: 3220
- First: 1/14/2011
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In response to BDCEditor's comment:
Some 401-K holders decided to ride out the storm of the stock market tumble and are now seeing huge returns from the stock market. Was this your strategy? Did you make or lose money over the last year? Share your stories here.
Yes..this is exactly what I did with my 403B investments. I didn't change a thing..including how much I invested..even while seeing losses quarter after quarter in some accounts. Eventually the losses got smaller, evened out and now the returns are nice to see.