Anyone else watching their 401k take a hit. Investment Advisor said to leave it, because it's for the long term. Thoughts?

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Think about it this way. The money you’re saving now is buying more than it did a year ago. As hard as it is, when market drops, invest more. That said, with interest rates rising it is a good time to put after tax money into savings accounts that are earning 2% and more.
Also worry more about your job and your personal growth to have skills and connections if you need to bounce. Invest in you.

likesmarthelpful

The shares are on sale now, and you’re likely not going to touch them for decades. Buy buy buy

likesmartuplifting
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Leave it but I have been advised that once it recovers, I should change out some of the account to cash. Still can’t access it for years but if it goes down again, cash helps cushion.

As soon as the dictator took office I told my money guy to put my funds into the safest possible investments. I knew Drumpf was going to trash the economy. I hope I’m wrong but it could get much worse

Leave it. Watch it rebound. Let it grow. If you’re younger this is a great time to invest even more

Mine is now a 4K. 💩

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