Comments on: Good Advice http://www.snowflakesinhell.com/2008/10/08/good-advice-2/ Firearms Policy and Politics in Pennsylvania Fri, 19 Mar 2010 04:21:33 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: Thoughs on my 401(k) « Firearms & Freedom http://www.snowflakesinhell.com/2008/10/08/good-advice-2/#comment-31052 Thoughs on my 401(k) « Firearms & Freedom Thu, 09 Oct 2008 13:08:33 +0000 http://www.snowflakesinhell.com/?p=5783#comment-31052 [...] on my 401(k) Sebastian points to some good advice on your 401(k): Don’t [...] [...] on my 401(k) Sebastian points to some good advice on your 401(k): Don’t [...]

]]> By: William http://www.snowflakesinhell.com/2008/10/08/good-advice-2/#comment-31029 William Thu, 09 Oct 2008 02:23:22 +0000 http://www.snowflakesinhell.com/?p=5783#comment-31029 Only with luck can you pick the bottom, so I'm just going to keep adding more every time I get paid. Now is a great time to be young, assuming the FedGov's interventions don't damage the US economy's chances of long-term growth. Only with luck can you pick the bottom, so I’m just going to keep adding more every time I get paid. Now is a great time to be young, assuming the FedGov’s interventions don’t damage the US economy’s chances of long-term growth.

]]> By: Harry Schell http://www.snowflakesinhell.com/2008/10/08/good-advice-2/#comment-31019 Harry Schell Wed, 08 Oct 2008 22:16:44 +0000 http://www.snowflakesinhell.com/?p=5783#comment-31019 Over time investments in stocks have done better than many others. If you have 10-20 years before you will need the money, you can afford to take a dump now and still have a good chance to recover. If you need the money in a year, you may have a problem, which is why a portfolio should migrate over time to less risky money placement as you age. I am 57, hopefully 10 years from needing my 401k money. I still want to throw up, however... Over time investments in stocks have done better than many others. If you have 10-20 years before you will need the money, you can afford to take a dump now and still have a good chance to recover. If you need the money in a year, you may have a problem, which is why a portfolio should migrate over time to less risky money placement as you age. I am 57, hopefully 10 years from needing my 401k money.

I still want to throw up, however…

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