Ask Terry Questions Money market

Money market

By Terry Savage on March 27, 2020 | Investments

I moved our 401ks into the money markets as you suggested we lost 29,000 in 1 week before we saw your email ! We only have our ss no pensions . Will wait a little longer to move everything back to original fidelity accounts do you think that’s wise?

Terry Says

Check my latest newsletter, written late today, and also posted on my website. If that’s all the money you have, I’d be hesitant to get back into the market for a while. Especially so if you’re within 10 years of retirement. Of course, I may be wrong about that. But I think there is more volatility to come.

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