My retirement fund that I just started was worth $15k in December of 2021. Then, May of 2022, our area was hit really hard. My retirement plan went down to $7k. Today, it’s worth $11k. I lost $4k on my retirement plan. It’s invested in total market funds, some tech, some big cap companies, and healthcare. But every sector has been ravaged by the stock market changes.
You should be continually contributing over time allowing you to benefit from the dips by buying low. This offsets the losses and is called dollar cost averaging,
Yep. Much like northbound travelers in the US South, when we see a low price we buy as much as our tank can carry.