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Old 12-19-2008, 03:01 PM   #7
manganos
Let me pontificate.
 
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Joined: Jan 2008
Location: Virginia
Oddometer: 3,335
Quote:
Originally Posted by mikeinrichmond
Yea. I canceled my bi-weekly 401K contributions for now since all it was doing was lose money. So now at least I can get the few % from a CD and make money for a change...
I'd reconsider that. Now that the stock price is low you are getting more shares for you $$$$ When/if the price goes up you have more shares to gain more money. Put the money back IMHO. I know a lot of people who have borrowed against their 401k because the 4 percent interest they are paying back is more then they would get by leaving it alone
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