Please Scroll Down to See Forums Below 
For those with money in the market
- Thread starter Creepusmaximus
- Start date
many money market accounts purchase sercurities as well.
my 401k is all in large cap stocks and taking a huge beating
yea what u plan on doing? same here .switching the 401 to money market ? bonds?till this is over? fuck u guys got me worried now lol
canadianhitman
Well-known member
At this point, unless the company looks like it's likely to be wiped out, I say hold. Lots of good companies that have their books in good order have been punished by the economy as a whole. As soon as this tailspin ends, they'll be the first ones to shoot right back up. Wait on it...patience is a virtue. Remember, you're an 'investor'....not a 'trader'.
Similar threads
