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They are getting hammered with calls - please help out!
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<blockquote data-quote="Jones" data-source="post: 406413" data-attributes="member: 4805"><p>What he said. If you're convinced that the DOW is gonna drop another 1000 points (a distinct possibility), you could make an argument for moving the battered remnants of your 401k into the bond fund, but that puts you in the position of timing the market and you could easily end up turning a paper loss into a real loss. My advice is to let it ride, as Upstate said it's just a paper loss until you sell.</p></blockquote><p></p>
[QUOTE="Jones, post: 406413, member: 4805"] What he said. If you're convinced that the DOW is gonna drop another 1000 points (a distinct possibility), you could make an argument for moving the battered remnants of your 401k into the bond fund, but that puts you in the position of timing the market and you could easily end up turning a paper loss into a real loss. My advice is to let it ride, as Upstate said it's just a paper loss until you sell. [/QUOTE]
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They are getting hammered with calls - please help out!
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