Stock market and 401k

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Stock market and 401k

p_rushing
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Posts: 6,340
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Joined: Apr 2001
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07-01-2022, 08:57 PM

(07-01-2022, 08:10 PM)EricC85 Wrote: I'm blessed we have very low monthly expenses( big reason why we bought a mobile home on acreage in palatka) one paycheck covers all of our bills monthly so we don't NEED the money I just hate the thought of wasting it.

I hate it too. I'm putting in 10% and get 6% matched. I have occasionally dropped to the 6% to build saving back up after major purchases but I try to stay at >15% total to keep ahead of all the retirement plan estimates.

As long as the crash doesn't last for years, it will be fine for most younger people.

Plus a have a few GME shares just in case the market does crash and the hedge funds can't cover their shorts will all their capital gone.

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Messages In This Thread

Stock market and 401k - by EricC85 - 07-01-2022, 12:15 PM

RE: Stock market and 401k - by The Real Marty - 07-01-2022, 01:13 PM

RE: Stock market and 401k - by EricC85 - 07-01-2022, 02:27 PM

RE: Stock market and 401k - by mal234 - 07-01-2022, 05:15 PM

Stock market and 401k - by p_rushing - 07-01-2022, 07:46 PM

RE: Stock market and 401k - by EricC85 - 07-01-2022, 08:10 PM

RE: Stock market and 401k - by p_rushing - 07-01-2022, 08:57 PM

RE: Stock market and 401k - by The Real Marty - 07-02-2022, 04:43 AM

RE: Stock market and 401k - by KingIngram052787 - 07-02-2022, 08:04 AM

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