Brexit "your thoughts" Is your 401 k safe?

How far will the stock market drop?

  • 5%

    Votes: 1 5.3%
  • 10%

    Votes: 1 5.3%
  • More than 10%

    Votes: 8 42.1%
  • Nothing to worry about,will recover soon

    Votes: 9 47.4%

  • Total voters
    19

By The Book

Well-Known Member
Now that there was a majority vote to leave, is your 401k safe?, and what are your predictions and thoughts on where the stock market goes from here.
 

silenze

Lunch is the best part of the day
Does the teamster 401k really charge 98$ a year in administration fees on top of the plan fees?
 

newfie

Well-Known Member
all you need is a few European leaders to stand up and speak to having an orderly transition and the market will calm down. looks like merkel is the first one to do so.

http://www.bbc.com/news/world-europe-36630326

meanwhile market hysteria creates buying opportunities for others. I moved my 401 k into bonds since the market usually does a dip in the summer . i'll look to move some back once the market is done correcting.
 
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