I have had a small 401, as has my wife,left over from cashing much of them out to keep the business running. Less than $4k total. They lost about 40% at one point but have regained some. I'm 62 so not much recover time left anyway. I actually put the 401's out of mind and don't fret about them.
Recently I have been investing in small cap stocks in oil/gas exploration companies. Very risky, so small chunks in several companies. Cathy has some tech stocks (Adobe). Bank stocks went very south so we took advantage and bought a lot of them last week. Paid off so far.
Oil stocks are way down, techs are waffling and the financials are begining to climb.
If you add them all up we are just south of even on our portfolio. The market is at 9,000 with nothing but
up in the future, I'm optimistic.
I believe the market will continue wild swings for the next few months and then settle. Best advice I ever got on it was, "If you don't want to get hurt on a roller coaster, don't jump off. Wait till the wild ride is over."
roadster with a stick
roadster with a stick