THAT IS SMART! I know it's scary...but honestly, economists will always tell you...BUY LOW, SELL HIGH.Queen Mum wrote: However, I'm looking to see where I can come up with a few more bucks to put in to my retirement fund while the prices are low.
Look at the history of the stock market and you'll see it goes down...but it always goes back up. The down part is scary as heck, I agree, but if we just sit tight and ride it out, we'll all be better off in the long run. It only gets worse if people panic.
For those super close to retirement...your funds should have been transferred primarially to money market awhile ago anyway or else you are just not risk averse, in which case, you are probably thinking "this is fun". (that is not me, btw...)
I sure am full of it today...someone must have put something in my morning java...