Posted by Mike(NEOhio) on March 23, 2018 at 15:08:38 from (173.191.66.29):
In Reply to: Stock market posted by 37chief on March 23, 2018 at 12:54:59:
I started my 401 in '95. It's weathered the two previous recessions and came back stronger each time. In all those years I never changed the funds around. I separated the company stock out of it in '16 (about half of it) and the rest rolled into an IRA and has made 15% this year. Remember, when the funds are down the reinvested returns are buying more shares for when it come back. Don't panic. The last few months we've had a couple of large drops but the market always came back higher in a few weeks. The problem with moving out of stocks is getting back in in time to catch the rebound.
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