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You do not have to lose any money in your 401k

 
Copperhead

User ID: 78321461
United States
02/26/2020 12:31 AM

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Re: You do not have to lose any money in your 401k
Seeing alot of disturbing posts about peoples 401ks getting hammered and they feel powerless

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%
 Quoting: Anonymous Coward 78422886


You can lose your ass in bond funds.
Anonymous Coward (OP)
User ID: 78422886
United States
02/26/2020 01:02 AM
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Re: You do not have to lose any money in your 401k
MOVE YOUR MONEY INTO CASH YOU FUCKING MORONS.

NOT BONDS. NOT EQUITIES.

CASH.

Fuck. No wonder you're poor.
 Quoting: Chaosisfreedom



You cant move a 401k into cash retard..its a 401k

Bonds won't lose value
Anonymous Coward (OP)
User ID: 78422886
United States
02/26/2020 01:03 AM
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Re: You do not have to lose any money in your 401k
Seeing alot of disturbing posts about peoples 401ks getting hammered and they feel powerless

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%
 Quoting: Anonymous Coward 78422886


You can lose your ass in bond funds.
 Quoting: Copperhead


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
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Re: You do not have to lose any money in your 401k
So what happens if you just ignore it?

They say the people who came out best in 2008 were the ones who did nothing. The value came back, and then some.
Anonymous Coward
User ID: 75819684
United States
02/26/2020 01:10 AM
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Re: You do not have to lose any money in your 401k
So what happens if you just ignore it?

They say the people who came out best in 2008 were the ones who did nothing. The value came back, and then some.
 Quoting: CosmicFire


This!!
bcjams

User ID: 74721807
United States
02/26/2020 01:14 AM
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Re: You do not have to lose any money in your 401k
Lincoln financial has a 401k with an insurance policy wrap that protects the principal and guaranteeing a 5 percent return
I control the water
Anonymous Coward
User ID: 78520481
United States
02/26/2020 01:59 AM
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Re: You do not have to lose any money in your 401k
MOVE YOUR MONEY INTO CASH YOU FUCKING MORONS.

NOT BONDS. NOT EQUITIES.

CASH.

Fuck. No wonder you're poor.
 Quoting: Chaosisfreedom


TBL-wrongepiclol
Weyoun

User ID: 77989510
United States
02/26/2020 04:06 AM
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Re: You do not have to lose any money in your 401k
Seeing alot of disturbing posts about peoples 401ks getting hammered and they feel powerless

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%
 Quoting: Anonymous Coward 78422886


You can lose your ass in bond funds.
 Quoting: Copperhead


Depends on the type. US Treasury bonds are as good as cash. If US government bankrupts, USD is dead too.





GLP