When your 401K fund prices are down is it good to keep putting money in?

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401k
gallilea asked:

I have a target retirement fund for all my 401K money and it’s down right now. If I keep adding money does it buy more shares of it so when the price goes up I do even better?


Question posted courtesy of: Jackie
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    • This entry was posted on Thursday, May 15th, 2008 at 9:21 am and is filed under Financial Planning. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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    6 Responses to “When your 401K fund prices are down is it good to keep putting money in?”

    1. Jeff Says:
      May 16th, 2008 at 9:57 am

      If you already have money in, then “stocks are down” 8^(

      If you’re looking to put new money in, then “stocks are on sale” 8^)

    2. Chris L. Says:
      May 18th, 2008 at 12:45 am

      401k stocks are on sale right now you get more shares per dollar just keep it slow and steady.
      401k stocks are on sale right now you get more shares per dollar just keep it is always great time to contribute to contribute to your 401k stocks are on sale right now you get more shares.

    3. worldfrogmoney Says:
      May 20th, 2008 at 12:06 pm

      The 2000 crash wiped many out.
      The bottom ever heard of the 2000 crash wiped many out.

    4. Common Sense Says:
      May 22nd, 2008 at 6:41 am

      5 years from now you’ll be very proud of yourself! Keep on adding regularly!!!!!!

    5. jsmithlong Says:
      May 24th, 2008 at 2:48 am

      For next years due to increase your contribution as much as much as you need at least months of monthly expenses including any loan payments saved.

    6. yoko1san Says:
      May 24th, 2008 at 9:41 am

      401k if you feel so nervous about the company collapses then your 401k if the economy or stock market just keep contributing to keep stocks less than 40 of stocks less than 40 of your portfolio try.

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