• Modern_medicine_isnt@lemmy.world
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    1 day ago

    18 months is very short for a 401k. They usually say to start looking to move the money out of the volatile market and in to stable investments 5 to 10 years before you need it so that you can avoid short term down markets and maybe catch some high spikes.

    • doctordevice@lemmy.ca
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      14 hours ago

      You said:

      How did your 401k lose more than gained. That would basically be fraud. Just doesn’t work that way.

      So I said, with additional detail:

      My 401k sat at less than net contributions for 10 months in a row.