Comment on Should I withdraw/stop putting into my 401k?
litchralee@sh.itjust.works 4 days agoThis 100%. The other comments addressed the “should I withdraw?” aspect of OP’s question, but this comment deals with “should I stop contributing?”. The answer to the latter is: no.
The mantra in investing has always been “buy low, sell high”. If the stock market is down, continuing your 401k contributions is doing the “buy low” part.
mesamunefire@lemmy.world 4 days ago
If I was the one doing the buying and selling, I would definitely be doing sell low buy high lol.
I was lucky and lost some minor $$ in bitcoin back in the day. Now I just put it all on automatic. Index funds with monthly/biweekly deposits are the best for me and mine.