All,
So I have an interesting situation. A rep at a reputable financial institution inadvertently liquidated my life 401k. It’s currently in a money market account — still pretax. They have offered to compensate me for my loses in the market but do I put it back in immediately at the higher cost? (not to me since, it’s being supplemented) Wait for another correction? Think cash is king and ride the bear— attempt to catch the falling knife. Dollar cost averaging? I would not be thinking about any of this but it’s “cashed out” so the opportunity is there. Let me know what y’ll thinks.
Submitted January 01, 2019 at 08:05AM by Killahtofu77 http://bit.ly/2F0xmvx
