Cramer suggests young retirement savers put '401(k) money to work' in this week's market plunge

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Cramer suggests young retirement savers put '401(k) money to work' in this week's market plunge investinyou (In partnership with acorns.)

said on Friday investors with long-term horizons to retirement should now put money to work in this week's steep stock market correction.

"If you're in a 401, I know no one wants to hear this, but I think you have to buy. Buy some," Cramer said on "Cramer said he has 401 money on the sidelines so he's going to invest a quarter of it throughout the day Friday. "One quarter. Therefore, I'm expecting things could be worse Monday." "But what I am going to do. We have 10-to-1 negative" trading volume, he argued. "I don't have much choice. I think that those of us who have waited and waited and waited, we have no choice but to buy something."at Friday's open, adding to a tumultuous week in financial markets as fears intensify over the coronavirus' economic impact.sank another 4.4%, nearly 1,200 points, on Thursday for a total decline so far this week of 11%.

 

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acorns Keep far away from this Kanamit or else risk being transported to Cramerica and eaten.

acorns Heard a joke yesterday from a CEO CEO- 'There were ALOT of GOOD BUYS in the market today' ME- 'Yes, there were, I took the opportunity to load up' He continued 'yea, 'GOODBYE Vacation GOODBYE house GOODBYE new car' 😂🤣 Downturns/Pullbacks are ooportunities

acorns The clown of wallstreet 😂

acorns Yes Time to get busy, invest and Support tumblin markets ! They will bounce back ! As always...

acorns Buy low, sell high. Not timing the market, but time in the market. BuyingOpportunity

acorns Umm, guys?

acorns

acorns F that buy gold

acorns Millennials are gonna vote for Bernie and look for the freebies ;))

acorns Its always timing. Appl stock was down to 260 at todays opening and is already up near 280 Tim Cook is positioned for this bounceback

acorns Not all millennials do their homework before investing

acorns Ummm, hello...it's 409(k), amirite realDonaldTrump?

acorns Millennials are hesitant to invest in the stock market.

acorns Um if your in a 401K your already putting money to work! Just saying

acorns Hmmmm

acorns do exactly the opposite of what Jim Cramer says

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