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Old 09-18-2008, 11:37 AM
 
Location: Denver, Colorado U.S.A.
14,163 posts, read 25,126,513 times
Reputation: 10428

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I had re-balanced it about 6 months ago, but with what's going on now, should people be looking at their 401Ks? I'm no expert on investment. I'd personally rather have not responsibility for it, but that's not gonna happen.
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Old 09-18-2008, 11:52 AM
 
Location: The Pacific NW.
879 posts, read 1,858,209 times
Reputation: 489
Yes, you should be doing something: Investing as much as you can in it, so that years down the line, you'll benefit from the lower prices in these temporary market downswings.
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Old 09-18-2008, 11:56 AM
 
730 posts, read 1,135,810 times
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Take your money and go to vegas!
:-)

Just kidding, when we are done tanking here I am going to move some into small cap.
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Old 09-18-2008, 11:56 AM
 
Location: When the people find that they can vote themselves money, that will herald the end of the republic
1,121 posts, read 1,950,816 times
Reputation: 1001
Quote:
Originally Posted by denverian View Post
I had re-balanced it about 6 months ago, but with what's going on now, should people be looking at their 401Ks? I'm no expert on investment. I'd personally rather have not responsibility for it, but that's not gonna happen.
Just seat tight. You will not time the market up or down.
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Old 09-18-2008, 12:44 PM
 
Location: Denver, Colorado U.S.A.
14,163 posts, read 25,126,513 times
Reputation: 10428
It's been doing alright anyway, but I'm sure it'll show a hit on the next statement. Since I recently re-balanced it on recommendation from my financial advisor, I guess I should be ok.
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