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I have a 401k plan thats tied to the stock market. Do I panic now or is there an end in sight .?
12-15-2012, 02:42 PM
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Steve Offline
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If the stock market falls 5 to 10%, and you feel compelled to sell, don't invest in the stock market. These drops are normal. They happen, specificaly, when the market hits new high. Since a low point in 2002, the Dow has risen over 6,000 points or 80%. You need to have the stomach to ride them out.

If you worry about what the market will do in the next 6 months, you are not investing. You may be gambling.

Focus on earnings more than fluctuations. Corporate earnings drive the stock market. Focus from daily fluctuations to long term fundamentals.
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Messages In This Thread
[] - Steve - 12-15-2012 02:42 PM
[] - Peter T - 12-15-2012, 02:42 PM
[] - junzfour - 12-15-2012, 02:42 PM
[] - Flyby - 12-15-2012, 02:42 PM
[] - chris_sockets - 12-15-2012, 02:42 PM
[] - grey'sanatomy - 12-15-2012, 02:42 PM

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