Should I start 401K with a recession around the corner?
Posted by admin
CoCoN asked:
I recently become eligible to join 401K through my work for the first time. With a recession possibly looming around the corner and the Market not performing very well right now, what should I do? Should I go ahead and join and take advantage of the lower prices and shares or should I wait it out until the Market starts to perform better? Just to note I have never been a part of a 401K plan before now. Any help would be appreciated. Thanks.
Question posted courtesy of: Chris
I recently become eligible to join 401K through my work for the first time. With a recession possibly looming around the corner and the Market not performing very well right now, what should I do? Should I go ahead and join and take advantage of the lower prices and shares or should I wait it out until the Market starts to perform better? Just to note I have never been a part of a 401K plan before now. Any help would be appreciated. Thanks.
Question posted courtesy of: Chris
