# How is everyone's 401k doing?

**URL:** <https://forums.speedlife.net/t/how-is-everyones-401k-doing/194962>\
**Category:** PittSpeed Off Topic\
**Created:** [January 22, 2008, 6:59am UTC](https://forums.speedlife.net/t/how-is-everyones-401k-doing/194962 "2008-01-22T06:59:01Z")\
**Posts on this page:** 1\
**Showing post:** 31

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**Author:** ![beat90tsi](https://avatars.discourse-cdn.com/v4/letter/b/43a26b/32.png) [@beat90tsi](https://forums.speedlife.net/u/beat90tsi)\
**Post date:** [January 23, 2008, 10:43am UTC](https://forums.speedlife.net/t/how-is-everyones-401k-doing/194962/31 "2008-01-23T10:43:22Z")

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> [@Newman's 1986 BMW 326rb build thread.](https://forums.speedlife.net/t/newmans-1986-bmw-326rb-build-thread/22123/1152):
>
> exactly…it is going to take more than weeks and months…but if you are young then it shouldnt really matter…you are in it for the long haul. That is why I find it funny when young people hit the panic button and want to sell everything. Fact is yes it is a good time to see where your moneey is and maybe invest it a little more wisely…but not the time to sell everything because the market isnt doing well.

Some people mis-interpret your advice as “If you’re young, there’s never a reason to sell, long haul FTW!”

The average person probably shouldn’t actively trade their retirement, but not everyone is average.

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