Home › Forums › Financial Markets/Economics › I don’t claim to be an expert, but am looking for opinions
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poorgradstudent.
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September 17, 2008 at 1:58 PM #271942September 17, 2008 at 2:01 PM #271635
waterboy
Participantibjames- Let me ask you this….when do you decide to jump back into the market?
September 17, 2008 at 2:01 PM #271874Participantibjames- Let me ask you this….when do you decide to jump back into the market?
September 17, 2008 at 2:01 PM #271882Participantibjames- Let me ask you this….when do you decide to jump back into the market?
September 17, 2008 at 2:01 PM #271924Participantibjames- Let me ask you this….when do you decide to jump back into the market?
September 17, 2008 at 2:01 PM #271947Participantibjames- Let me ask you this….when do you decide to jump back into the market?
September 17, 2008 at 2:14 PM #271650zzz
ParticipantHLS I don’t know why you bother to state a litany of facts that are rather obvious like you can lose money and there is no guarantee in the market. I am not debating this, I fully agree with you.
The question is whether or not you bother to TIME your 401k. There is NO guarantee his bond funds arent going to eat shit if the market continues at the levels we’re at. Fixed income is not a lot safer if more companies fail or if a lot more companies get downgraded. No one is talkin guarantee but since you and I don’t have a crystal ball, as DaCounselor pointed out, the market does go UP and DOWN. Trying to time the UP And DOWN has been proven not to work very well for MOST of us over a LONG time horizon. If you are <10 years from retirement, you shoulda been out of equities to begin with.
September 17, 2008 at 2:14 PM #271888ParticipantHLS I don’t know why you bother to state a litany of facts that are rather obvious like you can lose money and there is no guarantee in the market. I am not debating this, I fully agree with you.
The question is whether or not you bother to TIME your 401k. There is NO guarantee his bond funds arent going to eat shit if the market continues at the levels we’re at. Fixed income is not a lot safer if more companies fail or if a lot more companies get downgraded. No one is talkin guarantee but since you and I don’t have a crystal ball, as DaCounselor pointed out, the market does go UP and DOWN. Trying to time the UP And DOWN has been proven not to work very well for MOST of us over a LONG time horizon. If you are <10 years from retirement, you shoulda been out of equities to begin with.
September 17, 2008 at 2:14 PM #271897ParticipantHLS I don’t know why you bother to state a litany of facts that are rather obvious like you can lose money and there is no guarantee in the market. I am not debating this, I fully agree with you.
The question is whether or not you bother to TIME your 401k. There is NO guarantee his bond funds arent going to eat shit if the market continues at the levels we’re at. Fixed income is not a lot safer if more companies fail or if a lot more companies get downgraded. No one is talkin guarantee but since you and I don’t have a crystal ball, as DaCounselor pointed out, the market does go UP and DOWN. Trying to time the UP And DOWN has been proven not to work very well for MOST of us over a LONG time horizon. If you are <10 years from retirement, you shoulda been out of equities to begin with.
September 17, 2008 at 2:14 PM #271938ParticipantHLS I don’t know why you bother to state a litany of facts that are rather obvious like you can lose money and there is no guarantee in the market. I am not debating this, I fully agree with you.
The question is whether or not you bother to TIME your 401k. There is NO guarantee his bond funds arent going to eat shit if the market continues at the levels we’re at. Fixed income is not a lot safer if more companies fail or if a lot more companies get downgraded. No one is talkin guarantee but since you and I don’t have a crystal ball, as DaCounselor pointed out, the market does go UP and DOWN. Trying to time the UP And DOWN has been proven not to work very well for MOST of us over a LONG time horizon. If you are <10 years from retirement, you shoulda been out of equities to begin with.
September 17, 2008 at 2:14 PM #271961ParticipantHLS I don’t know why you bother to state a litany of facts that are rather obvious like you can lose money and there is no guarantee in the market. I am not debating this, I fully agree with you.
The question is whether or not you bother to TIME your 401k. There is NO guarantee his bond funds arent going to eat shit if the market continues at the levels we’re at. Fixed income is not a lot safer if more companies fail or if a lot more companies get downgraded. No one is talkin guarantee but since you and I don’t have a crystal ball, as DaCounselor pointed out, the market does go UP and DOWN. Trying to time the UP And DOWN has been proven not to work very well for MOST of us over a LONG time horizon. If you are <10 years from retirement, you shoulda been out of equities to begin with.
September 17, 2008 at 2:16 PM #271655nostradamus
ParticipantYou’re right DaCounselor and tax implications are worth considering; however, when you start having enough of a nest egg management fees and market fluctuations can wipe out any tax benefit. BTW the realization that 401k’s are not my friend partly contributed to my decision to become a self-employed consultant. I do the same work but pay less taxes and make more money even paying for my own retirement and medical benefits. Self-employed I qualify for SEP-IRA meaning I can contribute the lesser of 25% of my income or $46k. In many cases this is much more than you can contribute to a 401k.
A 401k does not mean you are restricted to certain funds. You can still have a 401k and invest it in cd’s I think.
September 17, 2008 at 2:16 PM #271894ParticipantYou’re right DaCounselor and tax implications are worth considering; however, when you start having enough of a nest egg management fees and market fluctuations can wipe out any tax benefit. BTW the realization that 401k’s are not my friend partly contributed to my decision to become a self-employed consultant. I do the same work but pay less taxes and make more money even paying for my own retirement and medical benefits. Self-employed I qualify for SEP-IRA meaning I can contribute the lesser of 25% of my income or $46k. In many cases this is much more than you can contribute to a 401k.
A 401k does not mean you are restricted to certain funds. You can still have a 401k and invest it in cd’s I think.
September 17, 2008 at 2:16 PM #271902ParticipantYou’re right DaCounselor and tax implications are worth considering; however, when you start having enough of a nest egg management fees and market fluctuations can wipe out any tax benefit. BTW the realization that 401k’s are not my friend partly contributed to my decision to become a self-employed consultant. I do the same work but pay less taxes and make more money even paying for my own retirement and medical benefits. Self-employed I qualify for SEP-IRA meaning I can contribute the lesser of 25% of my income or $46k. In many cases this is much more than you can contribute to a 401k.
A 401k does not mean you are restricted to certain funds. You can still have a 401k and invest it in cd’s I think.
September 17, 2008 at 2:16 PM #271943ParticipantYou’re right DaCounselor and tax implications are worth considering; however, when you start having enough of a nest egg management fees and market fluctuations can wipe out any tax benefit. BTW the realization that 401k’s are not my friend partly contributed to my decision to become a self-employed consultant. I do the same work but pay less taxes and make more money even paying for my own retirement and medical benefits. Self-employed I qualify for SEP-IRA meaning I can contribute the lesser of 25% of my income or $46k. In many cases this is much more than you can contribute to a 401k.
A 401k does not mean you are restricted to certain funds. You can still have a 401k and invest it in cd’s I think.
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