<prompt> Human: My 401k lost more than 10 in the past quarter. Since I am woefully inadequate when it comes to , I thought Id ask folks who know what I should do. All new money is going into a guaranteed income fund, because I just dont want lose any more money that Ive worked hard for. But what should I do with the funds that are there now? Should I put those funds in the guaranteed income fund too or leave them where they are so that they can recoup losses. Is it even likely that losses can be regained?In the past I had some luck with this strategy of leaving old funds where they are and did manage to make back some that had been lost, but Im afraid things are different now.EDIT: Ok, I begin to have an understanding of the overall situation. I am in my fifties and have not made a decision on retirement. Thank you to everyone for the advice and information.  <response>: You cant time the market. Keep your age minus ten in bonds, the rest in stock funds that cover the whole market, and forget it. That way youll be mostly in bonds by the time you retire and dont have to worry about short-term losses. The market always goes up in the long run. 