Consulting

If this is going to get worse before it gets better Im thinking of moving my 401k investments from more aggressive funds to bonds till mid summer. Are you guys staying the course or thinking of a move

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Too early. You should already have the proper allocation to bonds. If not, rebalance in 6 months. Right now it's more casino style

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Do you mean too late? I don’t think he should be moving to bonds in 6 months. That will be the time to go full aggressive on stocks which will at some point start going up.

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You're way too late now, just locking in losses if you do. Unless you really believe it's going significantly further down, staying put is the smart play. You could put new contris into bonds, but I'd even advise against that since they aren't really paying much and I think corporate debt is going to take some heavy write downs.

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Staying the course. I’m locked in now and waiting for the upswing

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This passive investing strategy is wishful thinking and is going to screw over my generation (Millennials / 90s kids) Use your head. Stand for something. Have beliefs. Take a position. Don't buy companies you don't believe in. Do you really work 8am-8pm so you can put extra cash into savings into Units of an Index Fund? Ofcourse, when that fund'd Price changes you'll start to question it. Because there was never a real belief in it to begin with. As an example. If you bought a game for $50 and tomorrow it sells for $40 you're not going to think the game is less fun. You'd think it's less fun, if you learn new info about the game / experience it

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Oh ok. Completely different philosophies.

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I mostly just need someone to talk me into staying the course. Thanks for the insights. so far thats the consensus.

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Staying and buying more with when I can. I’ve got 25+ till retirement.

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Stay the course.

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Sound advice especially considering corporate debt is higher than it has ever been. The argument for is in a recession the markets has historically dropped as low as 60% from the high and in a Depression 90%. the Markets have dropped ‘only’ 30%. Corporate debt, unemployment etc and their effects are still not priced into the market.

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Only reason you would do that is if you were expecting to withdraw that 401k to survive very soon. Otherwise there is no point since if you’re young by the time you retire the value will be so much higher than it’s been.

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At this point, I think you missed. Hold what you have and don’t take losses.

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