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401k help?
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<blockquote data-quote="dannyboy" data-source="post: 306549" data-attributes="member: 484"><p>I took some really hard hits with the fidelity Magellan fund. You know, the one that State Street finally got rid of after I lost about 70 grand in one year.</p><p> </p><p>But you know, I recouped the money lost and then some over the next few years without a problem.</p><p> </p><p>Invest like there is no tomorrow. While not gambling, you need to be agressive with your investments. The russell fund worked well for me, as well as emerging markets funds.</p><p> </p><p>In every investment there is some risk. the greater the risk, the greater the potential reward.</p><p> </p><p>There will be down turns to go along with the upswings. Just hang tough and stick to your guns. The only ones shot in the back are the ones running from the fight.</p><p> </p><p>d</p></blockquote><p></p>
[QUOTE="dannyboy, post: 306549, member: 484"] I took some really hard hits with the fidelity Magellan fund. You know, the one that State Street finally got rid of after I lost about 70 grand in one year. But you know, I recouped the money lost and then some over the next few years without a problem. Invest like there is no tomorrow. While not gambling, you need to be agressive with your investments. The russell fund worked well for me, as well as emerging markets funds. In every investment there is some risk. the greater the risk, the greater the potential reward. There will be down turns to go along with the upswings. Just hang tough and stick to your guns. The only ones shot in the back are the ones running from the fight. d [/QUOTE]
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