1 Answers: What is going on with the stock market I thought this was be best market ever ? I am losing a few thousand a week now.?

Question

Should I cash out my 401k ?

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Anonymous 5 months 1 Answer 25 views 0

Answer ( 1 )

  1. It was the best market ever but we have now come to the end of a market cycle so it was not a very good idea to buy stocks now. You see markets go up and down and this has been a long time of going up and up and up.

    After a while what goes up must come down and this is coming down right now. Unfortunately it seems you have bought into the market at the wrong time. You should have waited until the market crashed before starting to buy shares.

    Because I don’t know your exact situation I of course can’t offer much advice,. However you should likely seek an expert to help you save as much as you can as you shift your position.

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