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In the discussion thread: Krugman: Here Comes the Trump Slump [View all]

Response to KPN (Reply #1)

Fri Oct 4, 2019, 11:20 AM

2. I'm retired too. Yesterday I transferred my 401k funds from stocks to money market accounts.

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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Replies to this discussion thread
Arrow 15 replies Author Time Post
SunSeeker Oct 2019 OP
KPN Oct 2019 #1
LineLineReply I'm retired too. Yesterday I transferred my 401k funds from stocks to money market accounts.
SunSeeker Oct 2019 #2
BamaRefugee Oct 2019 #13
Thekaspervote Oct 2019 #4
KPN Oct 2019 #5
louis-t Oct 2019 #3
KPN Oct 2019 #6
SunSeeker Oct 2019 #7
louis-t Oct 2019 #9
SunSeeker Oct 2019 #11
getagrip_already Oct 2019 #8
SunSeeker Oct 2019 #12
erronis Oct 2019 #14
bucolic_frolic Oct 2019 #10
erronis Oct 2019 #15
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