When your 401K fund prices are down is it good to keep putting money in?

Posted by Dolores
gallilea asked:


I have a target retirement fund for all my 401K money and it’s down right now. If I keep adding money does it buy more shares of it so when the price goes up I do even better?

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This entry was posted on Saturday, October 17th, 2009 at 3:04 am and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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6 Responses to “When your 401K fund prices are down is it good to keep putting money in?”

  1. Jeff Says:
    October 19th, 2009 at 2:49 pm

    Kansieo.com

    If you already have money in, then stocks are down 8^(

    If you’re looking to put new money in, then stocks are on sale 8^)

  2. Chris L. Says:
    October 21st, 2009 at 8:05 am

    Caffeinated Content

    It is always a great time to contribute to your 401K. Stocks are on sale right now, you get more shares per dollar. Just keep it slow and steady.

  3. worldfrogmoney Says:
    October 23rd, 2009 at 10:38 pm

    Website content

    Buy at the bottom

    Ever heard of the 2000 crash

    wiped many out

  4. Common Sense Says:
    October 26th, 2009 at 3:12 pm

    Create a video blog

    5 years from now you’ll be very proud of yourself! Keep on adding regularly!!!!!!

  5. jsmithlong Says:
    October 28th, 2009 at 1:39 pm

    Create a video blog…instantly.

    2008 contribution limits are $15,500 for age under 50
    and $20,500 for age 50 and above.
    Increase your contribution as much as you can afford.
    Having said that you need at least 6 months of monthly expenses including any loan payments saved in cash before you put more money in your 401K.
    In my opinion, stock markets will stay down for next 3 years due to stagflation caused by oil crisis. So, you have time to increase your contributions gradually if you can not increase them immediately to the maximum.

  6. yoko1san Says:
    October 29th, 2009 at 7:05 pm

    Caffeinated Content

    It’s never a bad idea to keep contributing to your 401k. If you feel so nervous about the economy or stock market, just keep stocks less than 40% of your portfolio. Try to diversify your investments across a broad class of stocks and bonds. Oh, and don’t buy company stock offered by your own employer; if the company collapses, then your savings will be wiped out.