For the past few years I've been slowly adding money to a money market savings account. My father always suggested I invest that money, but I'm pretty risk adverse. I figured my money may not be working for me, but at least I don't have to worry about market downturns. About a month ago I gave in and moved a good chunk over to a Schwab individual account made up of an ETF and several mutual funds. Since transferring the funds over the market started its fun ride and I'm down about 4.5%.
The question is, should I continue to move money into the account? Or move it to savings?
I get that these are long term investments, and I should wait it out, but I'm pretty unnerved by seeing red, and the continued uncertainty in the financial market.
Submitted March 25, 2018 at 09:40AM by Falldog https://ift.tt/2G3nRN7
