Tuesday, September 30, 2008
Heather in Hamburg
Great question. Given that your only 41 years old and likely won't access this money for 20 years I would continue to contribute to the equity funds that you have been contributing too. If you are able to, you can even increase your monthly investment. With a 20 year time horizon, you should look at this as a 20% off sale. - Glenn Wiggle
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2 comments:
How will these losses be reflected in my income tax ---can we write any of this disaster off???
-feeling the pain
Does the plan to be in fewer stocks as you near retirement still apply under these circumstances?
58 year old
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