I keep up with most of the dumpster fire that is current US news but I’m sorta lost on this one. I contribute to my 401k every week and have a few thousand saved up, as well as stock in the company I work for. Is all of the bad news referring to the stock market crashing? Is this general across the board or more company-specific? I consider myself decently politically educated but not so much economically.
Upon the news I did check my VOO, most would agree an aggressive broad market pick, it’s 511 a share. I bought 3 or 4 years ago in the 350s. And regularly put in. What stock market slump? Just wish I had more money to buy that dip.
My recommendation? Watch less news and don’t check your investments when you hear bad news.
Buy the dip now, sure. But this isn’t the dip, it’s a Continental shelf and you’re about to lose a fuck ton of money.