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My retirement fund lost almost $300 this quarter because of the stock market.?


Should I drop the fund (Deferred Comp) and invest my money elsewhere?

No. You are investing for LONG TERM return and should be be distracted by short-term gyrations.

The amount means nothing - you have to compare it to your benchmark (S&P 500) - which, by the way, is down 10% or so for the month.

Deferred Comp means nothing - if you put the selection of mutual funds that you can invest in, we can offer better advice.

My advice is always to stay put in a moving market - Dow was up over 100 today, can you imagine if you had sold everything yesteryday?

What percentage did it lose? Stock indexes are down 4% or more, so if you have an investment of $10,000, you could expect to lose $400, on average. Your best bet is to pick a good fund (or funds) and stick with it, year after year, and not worry about losing a few hundred dollars in a quarter. In fact, right now you are buying low. Maybe later you can sell high. Good luck to you.

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