Keep Investing in your Retirement Account or Not
A question friends always ask me is should they keep investing in their 401K programs or not. Most people have had a rough year or more in the stock market or their 401k plans. But a lot of 401K plans are like mine were the company will match 50% up to 6% of your match. I liked the below information I read today:
When will the Stock Market rebound
I know 2008 is about done and it has been a rough time for some people. It was a rough time for people who have 401K or IRA plans. Some people say their balances drop in half. People who had money invested in the stock market, some of them saw huge drops for the year. On top of this we saw many business closing up or laying off. I have friends in Real Estate, Mortgages, Banking and Construction and they had had one of their roughest years. I do have faith that we all will be fine and recover. Like many successful investors will tell you there are ways to profit in any market. See what Zacks suggests:
