The discussion about retirement this week over on Newsvine drew a number of variations on the same theme. What should I do with my 401(k) account now? Sell my stocks at a loss? Or hold on and hope the market comes back?
Should I wait to rebalance my 401(k), and weight it away from stocks? Should I wait for things to get back to where they were, while still putting contributions into the current plan? Or should I put everything into bonds right away? My portfolio IRA and 401(k) has lost 40 percent of its value.
Sunday, November 23, 2008
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