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Re: I think Robert and you would find this interesting
- To: heather Howard <http://www.gmail.com/~hhoward40>
- Subject: Re: I think Robert and you would find this interesting
- From: Robert <http://dummy.us.eu.org/robert>
- Date: Thu, 11 Jun 2020 11:23:54 -0700
- Cc: http://dummy.us.eu.org/noelleg
- Keywords: my-Oakland-voicemail-number
> From: heather Howard <http://www.gmail.com/~hhoward40>
> Date: Thu, 11 Jun 2020 11:10:50 -0700
>
> I wonder how bad the stock market will get. That’s my concern right now
> because it seems abnormally high given the current circumstances. I assume
> that there will be a deep drop at some point?
Nobody can predict what the stock market will do. I think the only thing
to do is to assume that, in the long run, it will increase and to buffer
yourself in the short-term for any such deep drops.
> > On Jun 11, 2020, at 9:54 AM, Robert <http://dummy.us.eu.org/robert> wrote:
> >> From: heather Howard <http://www.gmail.com/~hhoward40>
> >> Date: Thu, 11 Jun 2020 09:38:00 -0700
> >>
> >> Not making enough to save that much right now. I can this summer. I’m two
> >> months short of that - I have 4 months saved now but only because I stopped
> >> vesting in my 401k temporarily.
> >
> > I see online that you have 'til the end of 2020 to pull money out of your
> > 401k.
> >
> > So, if it were me, I'd wait until you build up your 6 months of savings to
> > weather a further downturn before making further decisions.