Did You Adjust Your Automatic Contribution to Investments This Year
With the stock market performance being as sluggish as it has been, it’s easy for us to think about not investing at all and keeping all our money in cash. I remember a year ago this time, personal finance bloggers all over the world were blogging about their success in the stock market, encouraging everyone to keep investing and talking about the out performance of the S&P 500 to any other asset class over any 20-year period. These days however, no one really shares their stories anymore.
So what now? The Dow Jones Industrial Average is down roughly 15% this year so do we just stop investing? What about our automatic contributions like 401ks and IRAs?
Since there are only three possible ways to handle this, let’s talk about all of them here:
Staying Steady
These are probably the set it and forget it types. Some of these people […]
Original post by MoneyNing