HomerandomThoughs on my 401(k)


Thoughs on my 401(k) — 1 Comment

  1. Yup, I’m with you.

    Most of the market is fundamentally sound. Unless your funds are heavily leveraged in the troubled sections of the economy (sub prime mortgage market, etc) there is no reason to believe that the values won’t recover eventually. It may take some time, but retirement accounts are a long-term investment.

    As far as I’m concerned, there’s a fire-sale going on: buy, buy, buy.

    I must say that I have empathy for those who were hoping to retire soon though. They just got soaked.

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