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Oct. 15: CNBC’s Steve Liesman reports on new information showing declining sales for the retail sector.
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FROM MSNBC Top videos – Editors Picks
Oct. 15: CNBC’s Steve Liesman reports on new information showing declining sales for the retail sector.
watch this video
I have a question for you or anyone else who wants to address this: I know of several folks who have decided to stop contributing to their 401k’s and other retirement accounts and start putting that money towards paying down their mortgage. Right now I put $250/paycheck into my retirement fund, and yet my balance is less than it was six months ago. Is it smarter to just keep with the traditional wisdom of investing the same amount no matter how the market is going, or is a diversion into debt reduction a smart move? FYI I’m about 15 miles out from retirement.
What do you think?
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