quote:

My retirement accounts are down 25% right now. I'm starting to feel like putting any more in is just flushing cash down the toilet at this point.

^^^^^^^^^^^^^^^^^^^
By decreasing your tax bill?? You can keep the funds in cash if you wish.

It's a trick! Who can manage your money better...you or the Government?

If you manage the money, there is more money when you retire and the Government gets a bigger cut!

If you can afford it, you're not flushing cash down the toilet. Even if you continue to DCA into it. You're buying equity at beaten down prices. A few years from now, you'll be happy you bought at these prices.

My retirement and investment accounts are upside down. I still bought some additional tobacco stocks last week.

quote:

Originally posted by Plugugly:
My retirement accounts are down 25% right now. I'm starting to feel like putting any more in is just flushing cash down the toilet at this point.

Put it in SOMETHING before it gets taxed. Doesn't have onto be in the stock market.

Depends on when you're going to need it. I'm not going to need it for 25 years so this market is just a blip on the radar.

quote:

Originally posted by Gustofer:
Perhaps my tinfoil hat is getting a little too tight...

Something ain't right here.

Blackrock, Vanguard, and State Street own a very significant part of the 401k market with their market specific funds. More money into your 401k == more money they have for social engineering.

I've moved all my money away from funds associated with these groups but am still contributing to my 401k. I don't have a good strategy for determining what they own indirectly.