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by nostrademons
1472 days ago
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If you assume a bull market it's best to max out the 401K ASAP, because if stock prices rise throughout the year you want to buy stock early before it gets expensive. A lot of FANG employees max out their 401K in January because they set their bonus 401K percentage to 100% and just fully fund their 401K from the bonus. This strategy is getting reamed this year, but it's historically been a good bet about 85% of the time. |
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