Markets down, bought some funds!

[Snowgirl]

With the plunge of the markets since the beginning of the year, we're losing a lot of money on paper. But we still had to contribute for 2500$ before February 29th to maximize my boyfriend's retirement account and get the tax benefit, so we just capitalized on that and bought funds yesterday. The market was already up a bit from Monday, but still 10% down from beginning of January. Hope we did the right thing and that it will help with rate of return in what might be otherwise a bad year. It's the first time we can take advantage of the advice to buy when things are low.

But hey, at least we're still young, and should have time to recover before retirement.

[sweeps]

Probably a good move. First thing yesterday I moved $25K from a stable value fund to an S&P500 fund. If the stock market drops even more, I'll double down and put another $25K in.

[savingmama]

What a great time to be contributing to the stock market. I wish I had more money to be investing right now. I see the numbers going down and just think "what a great time to buy!"

[feh]

I also think it's a good time to buy.

I've got $25K ready and waiting to invest, but haven't pulled the trigger quite yet...

[jIM_Ohio]

My IRA contribution was yesterday, I think.

I don't have extra cash yet on the side to put in, and once I put it in, I wouldn't take it back out.

[disneysteve]

I made my first Roth contribution a couple of days ago. I didn't do it because the market was down, but that certainly didn't hurt. After I get paid tomorrow, I'll send in my next contribution.

[Snowgirl]

Well, we're also doing our regular contribution every week on payday, but that was an added contribution we had to do to maximize his investment. We usually wait at the last minute to minimize the time between the contribution and the tax return, but the market seemed favourable to buying.

[Aleta]

I looked at the fact that I was going to contribute anyway, so I might as well take advantage of the down market.

[m3racer]

Can you buy NAVs in a mutual fund after the closing bell or do you have to wait until the following day?