dlq04

I'm nervous but taking a big breath and holding. In fact, I've been looking for buys. A wise man, named Warren Buffet, said "When people get greedy, I get nervous. When people get nervous, I get greedy."

What are you doing?

Lainey

I don't like seeing our retirement account take such a bit hit, even if we won't be spending that $ for a long while.

Hopefully, it will recover soon. I can tell you that as we get older, very little of our $ would be in the stock market. I just don't have the stomach for it.

SSSnakeSSS

I am hoping that this is just an adjustment. The climb to 14,000 was too good to be a true valuation of the market. Just hang on for the ride, as the real investment will take years to pan out properly.
I hope that is true because we could end up retirering and living in the S.

raymo19

Hold for now. But I don't think it's over yet. I don't want to help feed the selling frenzy.

valentine

Holding and

jukngene

For once, I listened to my financial advisor a couple of months ago, and put all my 401K funds into bonds and cash. I was regretting it when the market hit 14K, but then, after its recent slide, I think it was the right move, especially since I'm going to start drawing from that pot in 6 months or so. Maybe later I'll ease back into the market.

[That was not one of the poll options, so I checked "hold."]

Traveler

I checked 'buy' because some of every paycheck is going into company stock and mutual funds. The company stock has been doing pretty well in spite of the rest of the markets' worries.

But I'm glad I'm not entirely in stocks. I'm making an offer on a new house tomorrow. I'm lucky that I moved the money I'm using for the down payment from a stock fund into a muni fund.

dlq04

Good move. I honestly sat here and debated with myself on the very first day of this slide - about three weeks ago now - and then decided against it. Everyone sensed it was about to happen sooner or later. I could buy a couple S2000s with the drop since. But, the real timing for you will be to know when to go back in. There are only a couple really big jumps each year and if you're in bonds or cash then, it's too late.

Legal Bill

Meh. I only have my 401k in equitys and it is all in aggressive growth funds. I have about 13 years before I start taking that out so it stays in stock foir years to come. I have seen thre or four big swings in my time. What goes up comes down and then goes up again. After I retire, I will mover about 25% into bonds/cash and keep the rest in equitys for about 5 years. At 70, I'll move another 25% into cash, etc and follow that trend until I am 80.

The rest of my money is in the two houses and the various low interest, no tax money markets.

Matt_in_VA

It makes me sick to check on my 401K and our portfolio.

But, I will continue to take advantage of my employers 50% matching funds up to the first six percent and continue with the "catch up" funds in my 401k. So in that regard I am still buying in.

I just hope that the fund managers are smarter than I am.