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25
The market crash has begun (twitter.com)
posted 1 year ago by derjudenjager on scored.co (+0 / -0 / +25Score on mirror )
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BeefyBelisarius on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
>I’ll max out 6% anyways” Literal retards

Sounds like your company does some sort of match. Depending on how much of a match they give, he could be effectively getting shares for half price, which would change the calculation a bit.
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ImBillCurtis on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
Not really. Dumping money into a fund while it’s losing money is the opposite of what anyone should be doing.
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bobbacringo on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
It seems that way at first. I don't need a 401k but it's just another thing to invest in. I watched the thing lose more and more money for a year before going to complete opposite direction.
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ImBillCurtis on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
… so you threw money away for years before it broke even..
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bobbacringo on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
Yes and no. You're still buying shares. The more the market sinks, the more your money buys. So when it rebounds you make more off of it.
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