2:00. Down 819.

[leftyladyfrommo]

Trump deserves this but I worry about my waitress friends with 401Ks.

[we can do it]

1. As long as they aren't cashing out it's not a big deal.

Good news if you’re still putting in.

[SCantiGOP]

2. and if you have the minimum of investing knowledge

to spread your holdings and contributions across diverse investment options, based on your age and projected retirement date.

Target Funds will do that for you automatically. When you're 30 it will have most of your money in equities; once you're hitting your late 50s it starts moving funds into fixed income assets so you don't get hit with temporary (which in the stock market can mean periods lasting several years) fluctuations.

You can actually do a pretty good job of figuring how to allocate your 401(k) assets and future contributions by spending a few hours on Google.

[BigmanPigman]

4. My dad taught me all of that stuff

and he was my financial adviser. I was crying this morning since I would love to discuss this with him but he died suddenly and unexpectedly 11 months ago today. I miss him all the time.

[wishstar]

3. All of 2019 gains will be wiped out if market drops another 1,000

2018 was a negative year for stocks and 2020 is negative after record high just 10 days ago. But there were plenty of warning signs that market seemed overvalued besides just the virus including record high credit card debt as well as corporate debt and Fed having to ease rates 3 times last year after Trump's tariff war disaster, even with the massive tax cuts.

[benld74]

5. 3:02 Down 1200