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Personal Finance and Investing

Big Blue Marble

(5,604 posts)

6. I do not think DU is the best place to seek investing advice.

Reply to Wicked Blue (Original post)

Mon Apr 7, 2025, 12:06 PM

Apr 7

Having said that and being a risk adverse investor, It might be a better approach to park
the money in relatively short term CD, money market or a bond fund to persevere your capital, I would choose a
CD that allows you to make contributions during the term.

This is not a normal downturn, way more risk and volatility. In a normal downturn you keep investing.
.It maybe best to park your money and wait

Do consult with a financial expert you trust remembering that at his age, he should be rebalancing
his port olio away from growth stocks and into dividend stocks and bonds.

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Highlight:

Should my husband still keep putting money in his 401K? [View all] Wicked Blue Apr 7 OP

Yes. Absolutely. PoindexterOglethorpe Apr 7 #1

But what if the S&P 500 plunges 30% down from its all time high? Wouldn't that pretty much ruin the supposed great long progree Apr 7 #9

Thank you for that detailed information. PoindexterOglethorpe Apr 7 #11

If he can afford it, and won't need the money for a few years, absolutely. JohnSJ Apr 7 #2

Can he put it into a money market rather than a mutual fund within the 401K? Or a high yield savings within the 401K? Scrivener7 Apr 7 #3

As long as the Felon is in office I believe there will be Tadpole Raisin Apr 7 #4

Free finacial advice based on very little information is worth every penny paid for it. marble falls Apr 7 #5

I do not think DU is the best place to seek investing advice. Big Blue Marble Apr 7 #6

Yes and you should accelerate and put this year's quota today kansasobama Apr 7 #7

The factors I would consider are - health history, is the money likely for your heirs, walkingman Apr 7 #8

I've never heard of a 401k where one is forced to buy stocks and stock funds. They all offer fixed income choices as progree Apr 7 #10

And then there are pensions. PoindexterOglethorpe Apr 7 #12