Comment on Seeing a lot of copium but am I fucking crazy? The market would have to do more than just recover for people to recoup their losses?

• FuglyDuck@lemmy.world ⁨1⁩ ⁨week⁩ ago

  it kind of depends on what you did with that money. There is an opportunity cost there.

  I used my 401k to start a company. so far that’s performing well above the market (and continuing to. It’s a second job so I’m reinvesting that with annual contribution caps, etc.)

  source

  • Cryophilia@lemmy.world ⁨1⁩ ⁨week⁩ ago

    The existence of exceptions does not invalidate a general rule.

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  • compostgoblin@slrpnk.net ⁨1⁩ ⁨week⁩ ago

    I’m glad that’s worked well for you! For the overwhelming majority, keeping their money in the 401k and continuing to make regular contributions, regardless of market volatility, is the wisest course of action.

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