• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

AI Is Changing Public Relations — Here’s How to Stay in Control

July 18, 2025

President Donald Trump Signs GENIUS Act: ‘Crypto Capital’

July 18, 2025

Meet the Person Who Invented Plastic that Dissolves in Water

July 18, 2025
Facebook Twitter Instagram
Trending
  • AI Is Changing Public Relations — Here’s How to Stay in Control
  • President Donald Trump Signs GENIUS Act: ‘Crypto Capital’
  • Meet the Person Who Invented Plastic that Dissolves in Water
  • Why People Leave Medicare Advantage Plans And Why It Matters To You
  • Popular Artificial Sweetener Linked to Strokes and Heart Attacks — Again
  • Afraid AI Will Take Your Job? Here’s What to Do (Instead of Panicking)
  • Elon Musk’s xAI Is Hiring Engineers With Salaries Up to $440K
  • ChatGPT Agent Creates Slide Decks, Spreadsheets From Prompts
Friday, July 18
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » MONEY HACKS: Does It Make Sense to Start Investing When the Market Is Down?
Investing

MONEY HACKS: Does It Make Sense to Start Investing When the Market Is Down?

News RoomBy News RoomAugust 5, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

Entering the final quarter of 2022, it’s obvious we have had a rough and “bumpy” year in the financial markets. We’ve experienced a measured sell-off and bear market, in both stocks and bonds, making investors and retirement savers worried, uneasy, and on edge about what is the best move for their financial picture.

One of the questions we’ve been asked during many of our one-on-one financial coaching sessions is “should I keep putting money in my 401(k) given the markets are crazy right now?” In this Money Hacks episode, I’ll answer this question and tell you a few upsides to a market downturn.

 

 

Resources:

Any money questions you’d like answered? Our Money Hacks series is created from conversations we have with employees, investors, savers, and all people planning for their financial futures. What topics are on your mind for our next episode? Email us here!

Video Transcript:

Hey, this is Alex Assaley and it’s episode number 97 of Money Hacks. And as we enter into the fourth quarter of 2022, it’s been quite a bumpy ride, in fact, a pretty serious sell-off and bear market, in the stock market, and in the bond market this year is making investors and retirement savers quite nervous, anxious and to some degree jittery about what makes the most sense.

And so, one of the questions we’ve been getting a lot in our one-on-one financial coaching sessions is whether it makes sense for new investors or those who maybe are just getting going to actually start yet- “Should I put money in my 401k yet, given the markets are crazy right now and even if the markets have gone down a bunch?” And then we get a lot of questions from longstanding investors and savers as to whether it makes sense to keep putting money in their 401k or their other investment accounts, or if they should stop for a little bit of time and let the markets shake out and recover.

And while certainly this period has tested our emotions, and tested our fortitude in terms of staying invested in the markets, we don’t want investors to make short-term emotional decisions based on how painful this period has been. Instead, we want you to focus on the long term and while when it comes to your overall investment mix, you want to make sure it’s right based upon your age, time horizon, and your overall risk, comfort, and adjust. I could not be more emphatic in stating how important it is to keep saving, in your 401k, 403b, or other accounts, if you have the budget, and the financial wherewithal to do so. So, just because the markets are down it’s not a good reason to stop saving or to delay starting.

In fact, for those with a longer time horizon, this is actually a great opportunity to buy investments, those funds that you’re putting your money into in your 401k or other accounts while the prices are down, probably 20% or more from where they were about a year ago. So, you’re getting the ability to buy more shares when the markets are down.

Now obviously we can’t predict where the markets go over the course of the next week, month, six months, or year. Hopefully, we’re entering into a period where we’re kind of bottoming out in this bear market, in this downturn, but we’ll know a few years from now when that bottom was or is. But with that said, it certainly makes students to continue investing.

If you have other questions or if you’re trying to figure out your specific strategy, please connect with us on social, ask questions to this video, or reach out. Thanks! See you next time.



Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

AI Is Changing Public Relations — Here’s How to Stay in Control

Make Money July 18, 2025

President Donald Trump Signs GENIUS Act: ‘Crypto Capital’

Investing July 18, 2025

Meet the Person Who Invented Plastic that Dissolves in Water

Make Money July 18, 2025

Popular Artificial Sweetener Linked to Strokes and Heart Attacks — Again

Burrow July 18, 2025

Afraid AI Will Take Your Job? Here’s What to Do (Instead of Panicking)

Make Money July 18, 2025

Elon Musk’s xAI Is Hiring Engineers With Salaries Up to $440K

Make Money July 17, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

President Donald Trump Signs GENIUS Act: ‘Crypto Capital’

July 18, 20250 Views

Meet the Person Who Invented Plastic that Dissolves in Water

July 18, 20250 Views

Why People Leave Medicare Advantage Plans And Why It Matters To You

July 18, 20250 Views

Popular Artificial Sweetener Linked to Strokes and Heart Attacks — Again

July 18, 20250 Views
Don't Miss

Afraid AI Will Take Your Job? Here’s What to Do (Instead of Panicking)

By News RoomJuly 18, 2025

PeopleImages.com – Yuri A / Shutterstock.comAI is an imperfect technology that’s still trying to prove…

Elon Musk’s xAI Is Hiring Engineers With Salaries Up to $440K

July 17, 2025

ChatGPT Agent Creates Slide Decks, Spreadsheets From Prompts

July 17, 2025

Why Most Startups Fail to Get National Press — and What To Do Instead

July 17, 2025
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.