Pandora
Well-Known Member
Well, it would be worth researching.
As for how you structure it, that is entirely up to you, you have to find what your risk tolerance is. I personally would not dump it all in high risk investments, but it is your choice. I would also not bail out the market right now, unless you are just in desperate need of the money. It will come back.
I don't know if it is a good idea to stay 100% fixed, but as I said, you have to decide your own risk tolerance etc...
Whatever you do, do not simply bail out of the market right now simply because it is down, unless you really are in dire need of the money. You shouldn't put anything in the market you are not willing to lose.
It is also a good idea to keep a % in cash for times like this so you can buy in groups on the way down and average down on your losses. Just a thought.
the only way id take it out is if I thought obama could get his greedy grabbing fingers on it, other than that it can stay for how ever long. A percent of my paycheck goes into it but its a good thing because my work matches what I put in. I cant change the variable except once a year and I never seem to catch the right timing on that.
i think i picked extra risky on the 401k
I think stock is lower so I am buying more I guess.