With the exception of enough to get the employer match is it worth maxxing 401k right now? Or is it retarded to do this with the market as it is right now?
your thinking is the opposite to the correct thinking. it's not just wrong: to do what you suggest is to work actively trying to lose your money
>>62017213no, buy low retard
>>62017225>catch a falling knifekek, retard.I've turned my 401k contributions off. I'll turn them back on when SPY is at ATH or above.
>>62017241that doesn't make sense, when we're back at ATH you would have wished that you bought when we were below ATH. you're not using the money until 65 anyway so what are you trying to accomplish exactly?
>>62017258Once again>catch a falling knifeRegardless of how many years that's bad investing. "Buy the dip" is meme advice.
>>62017263Let's say ATH is 700 and it's 650 right now. If the over the next months it goes650, 640, 630, 620, 610, 600, 630, 650, 700, 710, 720...When you retire at 65 and start to pull money out of it, will you have more money if you invested every month from now until 700, or if you stopped contributions and then turned them back on at a higher rate at 700?
>>62017269Retards dont understand DCA
have you considered just making the contribution and maybe not investing the funds right away? i don't even have self directed, but even i can put it into a bond or short term treasury fund on contribution and exchange it later.
you should always stop contributions and investing until there is a trend reversal and the momentum factor swings positive. i know this board is full of midwits mostly so im sure 99% don't even understand what i posted. that's why you will stay poor forever.
>>62017327Stupid.Always take the employer match. You're doubling your money immediately. You're dollar cost averaging. And if you're under age 45 you can easily ride the market back up and to higher highs.
You should have stopped paying into a bankrupt ponzi scams that were known since the mid 90s to collapse to literally 0 sometimes between 2024 and 2030 latest in 2022
>>62017213>Given current events would it be a good idea to stop 401k contributions?go to google trends and search up>"should i stop contributing to my 401k?">"how to stop 401k contributions">"should i sell my stocks">"is the market going to crash"and then compare it to the nasdaq chartyou're welcome
>>62017213I liquidated my 401K. Right before the american fleet is sunk ill dump all my stocks. Buy near the bottom and sit for 3 years when it recovers and trump is killed by the Military industrial complex for showing american weapons are junk
>>62021915Fear still seems relatively low.
>>62022027This is the most sacrilegious thing I have ever seen. You might as well shit on the Bible.
>>62022027this picture is poor quality but still very funny
>>62024238Most of the Bible is not historically accurate.
>>62017213I'm starting to think stocks in general, and especially retirement accounts where you can't even use the money until you're senile, are scams. With the market manipulation by Scott Faggent and Trump, the fact that its run by bots looking at tweets and headlines, and the fact that they still haven't priced in the strait of Hormuz, the stock market is a scam. Put all you money in a savings account.
>>62017263hey buddy, this is actual retard-tier thinking. read literally any book on the subject that has been published in the last 200 years
>>62017386Even with the "employer" match the Boomboom liked so muchLess inflow, more outflow, ponzi collapseIts simple arithmetic >b-but I paid my fair share>and my contract says I have a right to ponzi payouts>YOU ARE SUPPOSED TO BUY MY BAGSno
>>62017263"the dip" or "ATH" doesn't mean shit when you're talking decades in the future dumbass
>>62024290Kek oil baggie
>>62017213it's a good idea to buy once S&P has fallen over 50%. Other than that, just wait. You don't want to catch the falling knives.
>>62024643if you think society will collapse to the point where 401k retirement savings don't work, then you shouldn't even be here given what you would need to survive a SHTF scenario where money is worthless because the economic system is trash. Monetary reset will happen at some point, don't get me wrong, but your retirement is still there once the reset happens and is repriced in nominal terms
Cash it out, pay the fine, and buy farmland
>>62017213If you are a steady worker you should always be maxing out those contributions.You need to be looking at a 30 year time frame.
>>62017216>just give your money to the people that stole it all and hope for it back latertopkek
I want to cash mine out and buy silver. Fuck giving money to wallstreet.
>>62017213No. Your 401k is supposed to run for a long ass time, so you will not touch it until this has recovered anyway.Now is the right time to start buying more.Or well, the right time will soon come at least.Personally I set my draw down goals for -10, -20 and -30% before I buy more.
>>62017263>Oh no this asset that has always trended up is currently going down so I won't DCA in even though I'm not gonna cash out for another 30 years!
>>62017213Do you cry when you go to the grocery store and stuff is on sale?
>>62017263> buy high, sell lowkek retard, consider liquidating yourself
How much do I contribute if my employer doesn't have a cap on match?Instead of something like matching 100% of my contribution up to 5% of my salary, the employer gives 33% of anything i give. So if I contribute $75, the employer adds $25.
>>62025813As much as you're comfortable putting in. A guaranteed 33% ROI is too good to pass up
>>62025813Think of employer match like options. Would you buy SPY at 490 instead of the current price (650)?
>>62025813that's a really good deal and you should max it if you cant. my employer has no match so I contribute nothing
>>62021915people really love selling low and buying highsame with never understanding supply and demanddemocracy is such a fucking meme
>>62017213Honestly you should have been using that excess contribution to instead max out an IRA before the contribution deadline for 2025. Then you can crank the 401k contributions back up. Don't even think about whether the market conditions are right.
>>62017213Sorry but your 401k is likely going to get wiped out by a retarded asshole running the fund who will "invest" your 401k into a bunch of DEI bullshit that will lose money. The investment will get wiped out, and in turn, your 401k. This is the great "taking" they keep talking about. Use your money for YOU.
>>62024238The bible is made up you retard
>>62025813>the employer gives 33% of anything i givewtf lmao i'd be putting the full 25k every year
