Quote:
Originally Posted by Xenophon
If you are at least 20 years from retirement, simply ignore the current state of the market. Just stick another $X (where X is an amount you can afford) each month into your retirement accounts (where it should be mostly invested in the broad stock market, probably via an index fund) and sleep well at night.
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Before you do this, take a look at the japanese stock market for the last 20 years. There is a fair chance that it is happening to other stock markets all around the world. A 20 YEAR BEAR MARKET. Hooray???
Investing is not that easy, you cannot just put money to the same place (stock market) and forget about it. It may work for 40 years, then there are ten years when it is a very bad idea. If that 10 years happens before your retirement, then you will have no retirement.