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SunSeeker

(51,368 posts)
2. I'm retired too. Yesterday I transferred my 401k funds from stocks to money market accounts.
Fri Oct 4, 2019, 11:20 AM
Oct 2019

I can't afford to lose money. October looks like it is going to be a bad month. My 401k money is now sitting in a money market fund only earning 1.8%, but at least I'm not losing money. I can't repeat what I went through in 2007-8, losing 30% of my stock value. It took me 10 years to recover from that. I don't have that kind of time anymore.

Hopefully Shitler will be gone soon and we can return to stability.

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