[Brian]

I’m 27 years old. My portfolio has dropped by 10%. I’m curious rather than scared or worried.

My retirement account still holds the same number of shares; however, the value of each share has decreased.

If this is correct, should I increase my contribution rate to purchase shares at a lower price?

I plan to revert to my normal rate once the market stabilizes.

[Chris]

Or start/continue to contribute to a separate brokerage account that isn’t necessarily tied into a retirement format.

Or Roth IRA

[Scott]

This is the right mentality. You will crush it. But, it’s right for this stage in your life specifically.

Investors who are rightfully panicking are those who are very close to their FIRE number and left it all in US stocks, a concentration which is supported by really no quality research (though, at lower price to earnings multiples, new research does suggest a 100% stock – as long as it includes internationals in heavy doses, does support FIRE/retirement.

[Charles]

Dollar Cost Averaging (DCA) is your friend. Being this is for long term account right now lots of stocks are at a discount. However, there is always potential it drops more.

But being this is a long term account, time is your friend! None of this is financial advice, but what I would do in your situation.

On the DCA bit, don’t put all your eggs at once, maybe test the waters to see if it drops more that way you still have funds to DCA down further.

[Nguyen]

I actually increased my 401k contribution, especially during these down times.

[Lauren]

Nope. Never be scared or worried. Getting comfortable now will make you a better investor long term.

[Rhodell]

Sure! Time is in your favor. As long as your’re investing on well diversified low cost index fund or profitable company do not speculate by gambling your money in some meme stocks.

We Dont know how long this market sell-off goes down and how long it could recover. But certainly you’re on the right track.

Well done

[Max]

Yes!! Absolutely buy as much as humanly possibly now. Then when price per share goes up, you will own that much many more shares and exponentially increase your wealth

[Bill]

If you can afford to buy more now, do it! At 27, you will be through more corrections and bear markets. It happens. It’s normal.

It always recovers. If this is retirement money, don’t worry and keep buying.

As you near retirement (many years in the future) then a portion needs to be in fixed income for 3-5 years spending needs.

[Kim]

Yes! your buying on sale. That has always been my strategy, buy more when it’s down.

[Steph]

If you do that, you would being buying more shares with less money than what it’s taken for the last 6 mos or so

[Shawn]

When you see a sale at the grocery store do you buy some extra or do you run out of the store in panic convinced all the food is bad?

[Nisha]

Yes! You have compound interest on your side given your young age. I would spend as much as you can put away for the long term and avoid looking at the balance – just ignore it and all the current hysteria

[Author]

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