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Speaking of investments. Any of you doing this?

Discussion in 'Sports and News' started by Yawn, Jan 22, 2008.

  1. EStreetJoe

    EStreetJoe Well-Known Member

    If you're already in stocks and you're between the ages of 20-50, just ride out the market. By the end of 2008, or mid-2009 at the latest, it will be above the levels it was at the close of 2007. Most recessions last less than a year, that's an economic reality. So just ride it out. Keep throwing your 401k or IRA money into stocks, especially now while they're cheap, and they'll grow in value.
    As of the start of the week my 401k has lost around $12,000 in value since Jan.1, but I just need to keep the investments the same and ride this out and I'll be fine.
     
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