My retirement fund that I just started was worth $15k in December of 2021. Then, May of 2022, our area was hit really hard. My retirement plan went down to $7k. Today, it’s worth $11k. I lost $4k on my retirement plan. It’s invested in total market funds, some tech, some big cap companies, and healthcare. But every sector has been ravaged by the stock market changes.
You put 15k immediately in?
That sounds stressful.
If so, I feel it would be better to put 15k into your account but purchasing in 1k a month increments. It would have flattened that dip for you.
I started by putting a good amount of money in first with the goal to the the average later on.
I mean what should you do with spare 15k other then investing it somewhere.
Yes, yes you could diversify…