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Rave-Unicorn-Votive t1_iy87q6e wrote

>I'm just worried that anything I invest will just lose money. Any advice?

Figure out a way to get over it. You're going to have another 6-10 recessions in your life, most of them before you retire. You need to figure out a way to invest for the long term without panicking. You missed some considerable discounts this year by staying out of the market.

>But being semi-young...

Did you choose the "aggressive" investment option due to your age? You either misjudged your risk tolerance or didn't understand that stonks go down, too.

My advice is to defer 100% (or the max allowable amount) of your Dec pay to your 401k, max out your 2022 IRAs now, max out your 2023 IRAs in Jan, and resume regular paycheck deferrals to your 401k in 2023.

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