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The Tell: Help! My dad’s lost more than $10,000, and he won’t stop trading away his retirement

Trying to time the market is one thing. But using your 401(k) to dip in and out of stocks as a means of boosting your retirement stash? Step away from the computer.

That’s what a guy by the user name of Throwaway is trying to convince his father to do, according to this request for help posted on Reddit this week:

There was plenty of helpful advice spread out among the 180 comments, including one responder who says Throwaway’s dad should try his hand at this game.

Perhaps the most useful comment contained a link to a 4-year-old post from Ben Carlson of the Wealth of Common Sense blog.

>>> Original Source <<<

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