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HELP!?! Retirement portfolio question?
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The Name     Reply with quote
We have a 403B with about 45K (before the market crash).What should we do with it?My hubby was told that we should move money into Money Market accounts while the markets keep falling.
We just do not know what to do.Should we just sit tight and hope for the best?

I am 28,we are not stressed about money but we do wanna do the right thing.
hehe     Reply with quote
Look up Dave Ramsey website and call in for , very knowledgable and trustworthy.
Dudley     Reply with quote
Sit down with Greg & ask yourself a few things:

How many years do u have until u retire?
Were u planning to tap u 401k for anything other than retirement?

If u have time (say you're in ur early 30s) do not worry about it. If you're 64, u might have issues.

If you're terribly stressed out about it, losing sleep, & becoming ill because of the market problems, maybe it would be a good idea to take what money u can out now to save ur failing health.
Couture     Reply with quote
Yes, I'd be happy to take your stocks off your hands for you at a 40% discount while you settle for sub-inflation returns in the money market.
Coach     Reply with quote
At your age absolutely DO NOT MOVE IT OUT OF STOCKS you will lock in your losses and miss the long term upside.. in fact increase your contributions and buy in cheap. you're young enough to have the stock market boom and crash multiple times before you retire
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