You do not have to lose any money in your 401k | |
Copperhead User ID: 78321461 United States 02/26/2020 12:31 AM Report Abusive Post Report Copyright Violation | Seeing alot of disturbing posts about peoples 401ks getting hammered and they feel powerless Quoting: Anonymous Coward 78422886 Alot of people are uneducated on this, they think there 401k is on autopilot and they cannot change anything about it. Call your provider and rotate it into bonds. You wont lose a dime...even if the market goes down 90% You can lose your ass in bond funds. |
Anonymous Coward (OP) User ID: 78422886 United States 02/26/2020 01:02 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 78422886 United States 02/26/2020 01:03 AM Report Abusive Post Report Copyright Violation | Seeing alot of disturbing posts about peoples 401ks getting hammered and they feel powerless Quoting: Anonymous Coward 78422886 Alot of people are uneducated on this, they think there 401k is on autopilot and they cannot change anything about it. Call your provider and rotate it into bonds. You wont lose a dime...even if the market goes down 90% You can lose your ass in bond funds. Explain? Bonds are stable during chaotic times. Much safer than stocks..municipal bonds are very stable |
Anonymous Coward User ID: 78333980 United States 02/26/2020 01:08 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75819684 United States 02/26/2020 01:10 AM Report Abusive Post Report Copyright Violation | |
bcjams User ID: 74721807 United States 02/26/2020 01:14 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78520481 United States 02/26/2020 01:59 AM Report Abusive Post Report Copyright Violation | |
Weyoun User ID: 77989510 United States 02/26/2020 04:06 AM Report Abusive Post Report Copyright Violation | Seeing alot of disturbing posts about peoples 401ks getting hammered and they feel powerless Quoting: Anonymous Coward 78422886 Alot of people are uneducated on this, they think there 401k is on autopilot and they cannot change anything about it. Call your provider and rotate it into bonds. You wont lose a dime...even if the market goes down 90% You can lose your ass in bond funds. Depends on the type. US Treasury bonds are as good as cash. If US government bankrupts, USD is dead too. |