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Reply to "Late 40s people: Where are you putting new 401k contributions these days?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I moved our existing retirement assets into a money market fund after the November runup and continue to invest into the S&P 500 on current contributions. So, I'm essentially guarding against and taking advantage of Trump's complete incompetence.[/quote] The market, especially the S&P, dropped substantially in 2022 before rebounding in 2023 and 2024. I wonder how many remember. Few, I'm sure. Memories are very short and selective. One thing life has told me is you cannot time the market. So I don't try. I'm sure the usual bobble heads on here will say Trump is a different story. My response is to shrug indifferently. [/quote] Then shrug. Nobody GAF. [/quote]
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