LBRY Block Explorer

LBRY Claims • what-to-do-with-your-401k-in-this-market

912021cc5161991dcf79e25d5a93fc69f180a858

Published By
Created On
18 Mar 2021 04:12:58 UTC
Transaction ID
Cost
Safe for Work
Free
Yes
What to do with your 401k in this market? Answer these 2 simple questions to find the answer!
Should you sell out of the market in your 401k and move into ultra conservative investments like cash or a money market?

For us there are 2 simple questions to ask....

1. Are you retiring tomorrow? (Yes/No)
If the answer is no, then you have half the answer

2. Are you retiring in less then 10 years? (Are you 55 or older) (Yes/No)

If this answer is also no, then selling out of the market in your 401k in short is just plain stupid

You can look back at any*** rolling 10 year period in the market, even starting before the financial crisis or even at the high of the dot com bubble, and guess what?

The market has always been higher, more importantly you want the market to move, you are automatically dollar cost averaging in the market on the way up and down, so while most are selling out in a panic, the investors who ride the waves up and down will benefit in the long term!

We offer free 401k reviews to our followers, all you have to do is comment below saying "401k review" or shoot us a message on instagram @Trading Experts saying "401k review" and we will go over your current investment options, will check over the other funds available to find a better alternative if there is one, we will review how your contributions are going in and get you out of the target date fund you are in.

I can tell you right now you are doing the following:

1. contributing no more then 4% or whichever your company matches
2. you are in a target date fund (when there are much better funds avail)
3. you are contributing pre tax (yet most would benefit from Roth)

How many did I get right without even knowing you personally?

To learn more and join our free Trading Group click on the link below:

https://web.groupme.com/join_group/46...
...
https://www.youtube.com/watch?v=i9hO3a0E6c8
Author
Content Type
Unspecified
video/mp4
Language
English
Open in LBRY

More from the publisher

Controlling
VIDEO
EXTRE
Controlling
VIDEO
PRE M
VIDEO
MAY 3
Controlling
VIDEO
PRE M
Controlling
VIDEO
CAN Y
Controlling
VIDEO
PRE M
Controlling
VIDEO
TRADI
Controlling
VIDEO
WDC M
Controlling
VIDEO
MONDA