I'm not sure what to do with 401k

I have a long term investment horizon in 401k. However, will the dow fall to 5000? I already lost like 40%, the same as the market. If it goes down more, it would make sense to sell now and buy lower later. However, there’s a chance that we are already at a low, I will get screwed and will be selling at a low and buying back at a higher price. However, nothing the gov’t seems to be doing is working or will make people believe it will work.

Here’s a list of equity investment returns going back to the great depression. We’re already down 40%… do you think you can pick the bottom? what if next year is a 40% year? 1928 43.81% 1929 -8.30% 1930 -25.12% 1931 -43.84% 1932 -8.64% 1933 49.98% 1934 -1.19% 1935 46.74% 1936 31.94% 1937 -35.34% 1938 29.28% 1939 -1.10% 1940 -10.67% 1941 -12.77% 1942 19.17% 1943 25.06% 1944 19.03% 1945 35.82% 1946 -8.43% 1947 5.20% 1948 5.70% 1949 18.30% 1950 30.81% 1951 23.68% 1952 18.15% 1953 -1.21% 1954 52.56% 1955 32.60% 1956 7.44% 1957 -10.46% 1958 43.72% 1959 12.06% 1960 0.34% 1961 26.64% 1962 -8.81% 1963 22.61% 1964 16.42% 1965 12.40% 1966 -9.97% 1967 23.80% 1968 10.81% 1969 -8.24% 1970 3.56% 1971 14.22% 1972 18.76% 1973 -14.31% 1974 -25.90% 1975 37.00% 1976 23.83% 1977 -6.98% 1978 6.51% 1979 18.52% 1980 31.74% 1981 -4.70% 1982 20.42% 1983 22.34% 1984 6.15% 1985 31.24% 1986 18.49% 1987 5.81% 1988 16.54% 1989 31.48% 1990 -3.06% 1991 30.23% 1992 7.49% 1993 9.97% 1994 1.33% 1995 37.20% 1996 23.82% 1997 31.86% 1998 28.34% 1999 20.89% 2000 -9.03% 2001 -11.85% 2002 -21.98% 2003 28.41% 2004 10.70% 2005 4.85% 2006 15.63% 2007 5.48%

> what if next year is a 40% year? that is why I am going to reinvest on Jan. 1…

Nike - If I woke up from a 1 year coma today and saw my 401k down 40%…I WOULD NOT SELL.

virginCFAhooker Wrote: ------------------------------------------------------- > Here’s a list of equity investment returns going > back to the great depression. We’re already down > 40%… do you think you can pick the bottom? > what if next year is a 40% year? > > 1928 43.81% > 1929 -8.30% > 1930 -25.12% > 1931 -43.84% > 1932 -8.64% > 1933 49.98% > 1934 -1.19% > 1935 46.74% > 1936 31.94% > 1937 -35.34% > 1938 29.28% > 1939 -1.10% > 1940 -10.67% > 1941 -12.77% > 1942 19.17% > 1943 25.06% > 1944 19.03% > 1945 35.82% > 1946 -8.43% > 1947 5.20% > 1948 5.70% > 1949 18.30% > 1950 30.81% > 1951 23.68% > 1952 18.15% > 1953 -1.21% > 1954 52.56% > 1955 32.60% > 1956 7.44% > 1957 -10.46% > 1958 43.72% > 1959 12.06% > 1960 0.34% > 1961 26.64% > 1962 -8.81% > 1963 22.61% > 1964 16.42% > 1965 12.40% > 1966 -9.97% > 1967 23.80% > 1968 10.81% > 1969 -8.24% > 1970 3.56% > 1971 14.22% > 1972 18.76% > 1973 -14.31% > 1974 -25.90% > 1975 37.00% > 1976 23.83% > 1977 -6.98% > 1978 6.51% > 1979 18.52% > 1980 31.74% > 1981 -4.70% > 1982 20.42% > 1983 22.34% > 1984 6.15% > 1985 31.24% > 1986 18.49% > 1987 5.81% > 1988 16.54% > 1989 31.48% > 1990 -3.06% > 1991 30.23% > 1992 7.49% > 1993 9.97% > 1994 1.33% > 1995 37.20% > 1996 23.82% > 1997 31.86% > 1998 28.34% > 1999 20.89% > 2000 -9.03% > 2001 -11.85% > 2002 -21.98% > 2003 28.41% > 2004 10.70% > 2005 4.85% > 2006 15.63% > 2007 5.48% Nice post - -