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Originally Posted by Chi-Town
Curious as to what principal preservation you are employing during this freefall.
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I still have a 401K. 401Ks frequently have a product (under some various names) that's known as a "stable value" fund. It's a principal protection fund - a bond fund that's wrapped by insurance. The insurance companies are on the hook to cover any losses.
IRAs don't have stable value funds. Different investment companies might have their own marketing name for them, but stable value is the generic term you can usually find in a 401K.
Stable Value Fund Defined
My IRAs have been very conservative, but even conservative investments are still losing money now. I'm about half-cash now in my IRAs but may have to bite the bullet and go all cash and take the losses. I just don't see any sustained upside to the markets in the near future.