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401k Rollover
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<blockquote data-quote="barnyard" data-source="post: 488799" data-attributes="member: 13921"><p>Why would you sell your shares at the bottom of the market????? Right now, you will take a loss on anything you sell (when you roll over, you are selling your current shares and buying shares in a new account.)</p><p></p><p>Anyone in the money business well tell you, "buy low, sell high."</p><p></p><p>I increased my 401k deduction and am now also putting money into a Roth IRA and buying UPS stock (it is still a 5% discount.) I am saving about 18%. The market may continue to go down for a while, but history says, it will go up again.</p><p></p><p>I feel like I am doing one of the smartest things I have done in a while.</p><p></p><p>TB</p></blockquote><p></p>
[QUOTE="barnyard, post: 488799, member: 13921"] Why would you sell your shares at the bottom of the market????? Right now, you will take a loss on anything you sell (when you roll over, you are selling your current shares and buying shares in a new account.) Anyone in the money business well tell you, "buy low, sell high." I increased my 401k deduction and am now also putting money into a Roth IRA and buying UPS stock (it is still a 5% discount.) I am saving about 18%. The market may continue to go down for a while, but history says, it will go up again. I feel like I am doing one of the smartest things I have done in a while. TB [/QUOTE]
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