My Stock Forum
What would happen if the stock market crashes-401K?
If the stock market crashes, wouldn't you loose your money?
Public Comments
- Yes. Last time it crashed my ex lost over $50,000.
- Try not to think about that, Alice. It isn't going to crash. What is happening is normal and it will bounce back soon. Your losses are temporary and you stand to gain more when the economy bounces back because you will own more shares.
- i wouldnt (have never bought stock) but thousands of people will Including Ted Turner--->the riches person in the world on March 8th or some day close to that. He would not lose it all, just some.
- If your 401K is invested in stocks, and the stock market crashes, then the 401K is very likely to lose money. To what extent... it depends on what the 401K is invested in.
- With the recent corrections in the stock market over the last ten years, a lot of folks are worried about losing their retirement accounts. We recommend exploring annuity accounts for safety, security, and preservation of principal... http://www.ohioinsureplan.com/index.php/annuities/
- the market will probably crash and to be safe as soon as you see the dow get below 11,000 think of getting out and it will get below 7,000... QID, SDS.. Short these babies and you can make money or put it into gold (double long)
