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UPS Retirement Topics
Self Managed Account?
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<blockquote data-quote="olroadbeech" data-source="post: 2102444" data-attributes="member: 52145"><p>well good luck. i'm retired and letting the 401k ride for several more years since the pension is all i need at the moment. back in 2008 the market dipped to 6600 and we lost about 30% on paper. but since then our 401k has more than doubled because we let it ride since we thought we had 10 more years before we would need it .</p><p></p><p>I read Paul Krugman's articles on the NY Times website. he seems to know more than the average talking head. most of the economic indicators seem to be strong. I agree with most that 2016 will be a flat year. the election is causing a lot of anxiety because of our choices, cough cough.</p><p></p><p>it could all go to hell though. past performance does not predict future results. that is why we hedge our bets with a precious metals index fund thru Vanguard and a REIT also thru Vanguard. these tend to do well when the S&P goes down.</p><p></p><p>diversify diversify diversify</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 2102444, member: 52145"] well good luck. i'm retired and letting the 401k ride for several more years since the pension is all i need at the moment. back in 2008 the market dipped to 6600 and we lost about 30% on paper. but since then our 401k has more than doubled because we let it ride since we thought we had 10 more years before we would need it . I read Paul Krugman's articles on the NY Times website. he seems to know more than the average talking head. most of the economic indicators seem to be strong. I agree with most that 2016 will be a flat year. the election is causing a lot of anxiety because of our choices, cough cough. it could all go to hell though. past performance does not predict future results. that is why we hedge our bets with a precious metals index fund thru Vanguard and a REIT also thru Vanguard. these tend to do well when the S&P goes down. diversify diversify diversify [/QUOTE]
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