Go easy on me - I'm new to the world of investing.
In my 401k there are various funds, of which I can peridocially monitor the progress of. When I log into my account, I can change the individual contribution rate to each fund at any time for no charge.
Anyhow, if I see a fund in the red (performing negatively currently) would it make sense to LOWER the current contribution, until the percentages start going positive? The logic (possibly flawed) being that a fund will rarely make a weekly positive-negative-positive-negative zigzag, but will instead continue to slope in one way or the other for a limited time. Skewed logic perhaps, but like I said earlier, I'm new at this stuff. So would it make sense to LOWER the contribution to a fund in red, until it hits positive and starts climbing again?
I'd appreciate some advice. And please, go easy on me here... :)
2006-07-20
01:59:45
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9 answers
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asked by
Rob
5
in
Investing