View Single Post
Old 01-30-2018, 04:40 PM   #1678
kepp kepp is offline
MVP
 

Join Date: Aug 2005
Location: COMO
Casino cash: $19312
Quote:
Originally Posted by Cornstock View Post
Smart of you to take advantage of the 401k match and using it as a vehicle to save more. A savvy investor may opt to contribute the minimum to a 401k to earn the match, and invest in an an IRA/Roth outside of work to take advantage of additional fund offerings, but for the every day saver you've made the right choice.

As far as the "bottom falling out," you being 36 should not worry about this as long as you have a disciplined long term strategy. A market correction of 10% won't break you like it would a person near retirement, and you will be able to participate in the inevitable recovery, which is the most lucrative time in a market.

...
But if you can time the correction fairly close and change over to bonds until it hits bottom, and then move back over to aggressive funds, won't you get much more from the recovery? I know...lots of 'ifs' in that, but if you can work it...
Posts: 13,083
kepp is too fat/Omaha.kepp is too fat/Omaha.kepp is too fat/Omaha.kepp is too fat/Omaha.kepp is too fat/Omaha.kepp is too fat/Omaha.kepp is too fat/Omaha.kepp is too fat/Omaha.kepp is too fat/Omaha.kepp is too fat/Omaha.kepp is too fat/Omaha.
    Reply With Quote