In this video, we tackle a listener's question about halting 401K contributions due to fears of a market crash around the election. Even though the anticipated crash didn’t happen, lingering concerns have kept them on the sidelines.
Frank explains why trying to time the market isn’t a sound strategy and why it’s more important to focus on time IN the market, not timing it. Tune in for valuable insights on how consistent contributions, even during volatile times, could help benefit your long-term financial goals!
Here’s some of what we discuss in this episode:
0:00 – Intro
0:38 – Frank’s thoughts on market timing
1:41 – Advantages of continuing contributions
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