Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

progree

(11,906 posts)

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

Reply to Wicked Blue (Original post)

Mon Apr 7, 2025, 06:25 PM

Apr 7

well, such as bond funds, at least nobody has claimed their 401k is an exception.

So yes, he should contribute to take advantage of the employer match at least. Whether it should be in a stock (equity) or fixed income fund is a separate choice.

It drives me binky-bonky, quite frankly, when people slam 401k's as being synonymous with the stock market. And then go on and on about how stocks have periodically crashed. I would sue any employer whose 401k offered me no fixed income alternatives.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

12 replies

= new reply since forum marked as read

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