I dont know what to do about 401K. At least with my IRA I have the freedom to do whatever tf I want. Can you have a cash balance and no investments in a 401K though??My company, and I am sure many others, sending out an email reminding us about market volatility and 401k. Lol
Now is a time for those that really know what they're doing lol. Not a newb.I've got a buddy that decided now would be a good time to try his hand at investing.
Then he made 5 day trades in one day, lost $100, and got his TD account suspended for 90 days.
Why would you take your money out when you're buying more shares for the $ than you have in the past 10 years? Are you thinking, "damn, shits getting too cheap, better start buying some more expensive shares"?
No, it is still based on the values if the funds or bonds you are invested in. It would be a very dumb move to do anything other than up your contribution right now.