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I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus

 
Anonymous Coward
User ID: 78264280
United States
01/26/2020 06:06 PM
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I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
I'm really on the fence about it. My gut is telling me the markets are going to take a nose dive until the unknowns about this virus are known. Such as how many are affected and death rate, etc. I do think it will recover quickly though, but for the next couple of weeks or so, I expect it to drop significantly. I'm guessing 10-15%.

What do you think? Am I over-reacting? Should I just leave my holdings where they are? Move half to safety?
Anonymous Coward
User ID: 77222866
United States
01/26/2020 06:10 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
wtfdid
Anonymous Coward (OP)
User ID: 78264280
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01/26/2020 06:11 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
What don't you understand?
Anonymous Coward
User ID: 77222866
United States
01/26/2020 06:14 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
What don't you understand?
 Quoting: Anonymous Coward 78264280


Why you're asking for financial advice on here.

Are you tarded?
Anonymous Coward
User ID: 77699866
United States
01/26/2020 06:17 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
Invest in vaccine labs.....
Kilroywashere
User ID: 76453909
United States
01/26/2020 06:32 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
"safe investments" he says....rofl5.......DOrolleyes
Jake

User ID: 77849624
United States
01/26/2020 06:41 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
I would go with masks, tents, quarantine equipment and respirators. probably ambulances too.

body bags might also be another good option might even throw in gas furnace companies

Last Edited by Slowly awakening on 01/26/2020 06:48 PM
Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance!

Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes."
Anonymous Coward
User ID: 77027558
United States
01/26/2020 06:46 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
Go all in on apt calls this week, thank me friday.
Anonymous Coward
User ID: 77027558
United States
01/26/2020 06:50 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
Invest in vaccine labs.....
 Quoting: Anonymous Coward 77699866


This also, im gonna watch INO this week buying 100 shares at open tomorrow.
Anonymous Coward
User ID: 71433052
United States
03/12/2020 12:06 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
I'm OP and moved my 401k on 2/13 to stable funds. I'm so fucking glad I did. One of the smartest moves I've ever made financially. Hope you did the same.
Anonymous Coward
User ID: 71433052
United States
03/12/2020 12:08 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
"safe investments" he says....rofl5.......DOrolleyes
 Quoting: Kilroywashere 76453909


Yea, it's a stable value fund (annuity) within my 401k. Have actually been making money during this. Would have lost couple $100K by this time.
Anonymous Coward
User ID: 78021310
03/12/2020 12:13 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
You should have done that when everything seems great
Anonymous Coward
User ID: 71433052
United States
03/12/2020 12:14 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
You should have done that when everything seems great
 Quoting: Anonymous Coward 78021310


I did it at the peak of the market.
Anonymous Coward
User ID: 78576184
Canada
03/12/2020 12:16 PM
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Re: I'm thinking about moving all my 401k holdings to safe investments because of the Coronavirus
"safe investments" he says....rofl5.......DOrolleyes
 Quoting: Kilroywashere 76453909


Yea, it's a stable value fund (annuity) within my 401k. Have actually been making money during this. Would have lost couple $100K by this time.
 Quoting: Anonymous Coward 71433052


Congrats.

Lots of complacency out there. Many got blow torched





GLP