{ "media_type": "text", "post_content": "Looks like market is going down again, lost 2k out of my 401k in a week. Do you guys think we’ll hit the bottom soon?", "post_id": "5a7cb17007839100131082ec", "reply_count": 18, "vote_count": 3, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Looks like market is going down again, lost 2k out of my 401k in a week. Do you guys think we’ll hit the bottom soon?

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I'm guessing you're pretty young. I wouldn't sweat a $2k drop. This won't be the only down turn in your run to retirement. For example, I lost about $50k through the financial crisis. Made it all back over the next 4-5 years, plus some. Moral of story- keep contributing and don't look at your 401k until you're close to retirement (when you need to start thinking about reallocation of risk).

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Move all your money to short the S&P. Trust me

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My swings are ~15k a day. Wouldn’t sweat 2k in a week 😂

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9 inches soft

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401k is a long term game, buddy.

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I like to buy high and sell low

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I've lost ~$60k since 1/29. Shit happens, markets go down, they go up. Adjust our investments to something else if you can't handle a 4% loss in a day.

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Time IN the market, not timING the marking.

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ACN2 can piss further 🤦🏻‍♂️🙄 always turns into this

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Spoke too soon. Down 23k today...

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SM1- early retirement on 600k??

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More like shortING the market

401(k) is long game. Make sure you’re diversified based on your risk tolerance and then leave it.

Why are you even looking at it? It’s not a trading portfolio for you to be active in. Set it and forget it for a long time.

I looks because its an interesting data point and I'm considering early retirement.

Who cares

$700k portfolio, a paid off house and $6,000/ monthly free cashflow from real estate. It seems imminently doable but for some reason I keep talking myself out of it.

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