{ "media_type": "text", "post_content": "The market with go down another 20-30%, how to re-allocate 401K?", "post_id": "5e6e6d5422ab1f001a344258", "reply_count": 53, "vote_count": 6, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting" }

The market with go down another 20-30%, how to re-allocate 401K?

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Moving out your money when the market is down and move it where? Everything is down. Time to increase your investment because the market is down and will go up. This is why the market goes down. Prices start to drop and more people panic, causing the prices to drop more. (Not sure why people sell when there a crisis like this. But maybe that’s why I’m not in finance. )

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If anything you should increase your contributions. When you add to your 401k, you’re basically buying units of what we’ll call a fund. The fund is less valuable right now, so units are cheaper to purchase as a result. The fund will eventually rise in value, unless you think the USA will cease to exist in which case you should move. When the fund rises in value, you’re going to wish you had MORE units, not less. And you’re not going to know exactly when the fund is steadily rising in value. So, yes this is the perfect time to increase your contributions. You’ll get it all back and much more.

likesmart

SAA1, I would like to contradict and provide a different view. Decrease your withholding or put everything you contribute to money market or something close to cash. In 2 months or so when market hits rock bottom, invest into these etfs or other stock you want at a discounted price. This coronavirus thing is not getting any better anytime soon. I would bet it will take 8 to 12 weeks but keep watching the market one day at a time. One thing for sure is that it is going to get worse from here

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Don’t touch your 401k. Literally the dumbest thing you can do. Ride it out. It’s going to rebound once the virus is under control. All you’re doing now is making unrealized losses realized.

likesmart

Stop. Don’t. Just ride the wave.

likefunny

Increase your 401k contribution, if you survive you’ll retire early.

likefunnysmart

😂😂😂this is solid advice but the “if you survive” is cracking me up.

likefunny

“Your 401k right now is like your face: Don’t touch it.”

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likehelpfulfunnysmart

Buy the dip. Set up some short positions if you’re sure that the market will go down. But most important, don’t make decisions based on fear - it’s irrational.

likeupliftingsmarthelpful

everything is on sale BUY BUY BUY

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KPMG3. But you don’t know it will go down much more. If you sell now, you’re taking a loss. The COVID-19 crisis could be slowing down in a month or 2 and the market could stabilize and go up.

Dollar cost average on the way down, don’t try to time the market

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Don’t forget to buy airline stocks! 😉

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You guys do realize “buy the dip” could happen for a few years... right? Why not hedge your portfolio? Or this weird concept of holding cash?

likesmarthelpful

Yeah, catch that falling knife.

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If you cannot watch your portfolio go down by at least 50% then you shouldn’t be in the stock market to begin with - Warren Buffet. Ever heard of him? ^

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There’s an old saying that the stock market is the only business where the product goes on sale and all of the customers run out of the store. I, for one, am going to stay in the store

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i need you to buy, so i can sell

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5 for $1. my friend, i gif you good price

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Well with the fed lowering rates to zero, at least the yield curve will no longer be inverted?

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that would be terrifying if it inverts below zero

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What if we quit in the next 2-3 months will they become realized when I transfer it?

funny

Can keep it in the firm’s 401(k) or you can roll to new firm or roll it to an IRA. If you keep it where it is, you may get charged a fee every year when no longer an employee.

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If you think the equity market will drop significantly more in the future there are safer investments available to move your investments within your 401k. In hindsight you should have reallocated your investments a month+ ago if you had suspicions of a bear market. Most of the damage is done now and trying to manipulate your 401k in this volatile market will most likely burn you.

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NO

f

Buy the dip😤

Just do a reallocation to rebalance the percent of stocks versus bonds. Up the contribution if you want to be aggressive.

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