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DOW PLUMMETS ANOTHER 678 POINTS
A thought just occurred to me.
Should I still be contributing to my 401k?
I mean, every paycheck some chunk of money goes straight to my 401k - and therefore, to the stock market. I have it set for the most conservative option possible, I think, but still it's probably losing money.
Okay, the company is matching my donation. So I may not be actually losing money yet, in some sense. I mean, my losses would have to be 50% to negate the company's contribution, right? But at the rate things are going, I have to wonder if the economy is going to tank completely.
I've been predicting utter disaster as a result of Bushonomics for a long time. Now that it looks like I'm right, I'm not entirely sure what to do.
...
Should I still be contributing to my 401k?
I mean, every paycheck some chunk of money goes straight to my 401k - and therefore, to the stock market. I have it set for the most conservative option possible, I think, but still it's probably losing money.
Okay, the company is matching my donation. So I may not be actually losing money yet, in some sense. I mean, my losses would have to be 50% to negate the company's contribution, right? But at the rate things are going, I have to wonder if the economy is going to tank completely.
I've been predicting utter disaster as a result of Bushonomics for a long time. Now that it looks like I'm right, I'm not entirely sure what to do.
...