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Today's 401-K Contribution

August 15th, 2007 at 04:05 pm

Today was payday and my 401-K contribution comes directly out of my paycheck...It was for $1000...

I know how you are supposed to "stay the course" & "stocks are on sale", etc..but I've also heard about the "falling knife" theory.....so......in view of what has happened recently (the bad investment that lost me so much money)..I just couldn't invest it...

I put it all in Stable Value Fund..It's a mind thing I guess...I really needed to feel like that money is going to stay "whole" for a while....In fact, I may just do this until I have saved enough money to make up the loss...for some reason, that makes me feel better?..we'll see..

3 Responses to “Today's 401-K Contribution”

  1. Amber Says:

    As long as you have a peace of mind, I think you made the best decision

  2. terri77 Says:

    It should only matter what you risk or loss you can take. What you can sleep with at night will be different what someone else can deal with. If you're looking to retire soon and you consider yourself a conservative investor or you're just getting started, this is a great choice.

  3. Broken Arrow Says:

    Sounds fine by me.

    Actually, could you talk more about this "bad investment" that you once had? That is, if you feel inclined to do so.

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