401 k

[bbyhill]

my friend lost 1/3 of her 401k and now wants to know if you should start doubling up while the market is this low?

[HedgeHog]

If she has more than 10 years until retirement, then yes this is a good buying opportunity.

[compaqDikk]

2 ways to do this, dollar cost average or catch a falling dagger

really depends on age. market could sit at 9000 for another 10 years and i guess she can make 1/10 of 1% on any GM stock dividend

[bbyhill]

well she doesn't have 10 yrs to retire

[bbyhill]

What would some of you market sharps recomend?

[HedgeHog]

well she doesn't have 10 yrs to retire

Too risky then. Sell stocks on rallies and buy bonds/CDs. She shouldn't gamble her retirement on stocks alone.

[bbyhill]

Thanks HedgeHog she is a family member.

[pavyracer]

Hitting 60% betting sports is a better investment than the stock market.

[bbyhill]

Dont think she has just stocks alone.

[Helmut]

I would short

[durito]

Hitting 54% betting sports is a better investment than the stock market.

at -110

[pavyracer]

at -110

My math is off durito. I bet lots of -140's so 60% is good for me.

[bigboydan]

Hitting 60% betting sports is a better investment than the stock market.

Easier said than done Mr.Pavy.