Quote:
Originally Posted by MsTinkerbelly
Don't panic.
Don't sell.
Buy, buy, buy if you can.
The big boys will cause this "crisis" so that folks like us will panic and sell, and they can buy low and pad their accounts even more.
You probably know this, but I learned it when the stock market tanked, and the employer I had bought mega stock for each of our 401k's. When I left the company I had a very hefty nest egg, due primarily to this kindness to his staff.
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That's what I keep hearing, Ms. T, but it's so hard
not to move everything into mutual bonds till things cool down. Okay, I'm not gonna look at my 401k today. I'm just gonna sit tight. For now.
Good luck to everyone—we're gonna need it.