Related Posts
I make $400k TC AMA
How do you break the habit of procrastination?
Additional Posts in Personal Investment Chatter
Anyone going in big on gold/oil ETFs?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Unless you are 59, still all in stocks, and about to withdrawal, these market changes are unnoticeable over a year period let alone 10+
Sigh I can đ§ââď¸
Wouldnât this make it a fine time? If the market drops a ton that makes it an excellent time.
Itâs pretty quick. If it goes up or down a percent or two thatâs just luck. Sooner is better than later, IMO. If it drops a bunch, the conversion at a lower value almost pays for taxes on gains when it rebounds.
Pro
In theory, youâre just swapping funds from one location to another. Rollovers arenât a taxable event, so gains and losses donât really matter.
Pro
Blip on the proverbial radar. I donât think it makes sense to try and âtimeâ it
What kind of rollover are you talking about? The market is only a couple percent off its high so also not sure what changes you mean. Can you explain more?
You got my conundrum. I didnât think about the partial roll overs. But I donât think it will work because thereâs a minimum I need to invest in the new fund and itâs pretty much all my 401k.
Whatâs the market change
Pro
When is a good time to do a rollover?
Pro
Bingo - just do the rollover
Op, currently in this process myself. Have about $90k rolling from accounts into a traditional IRA where it will just be straight cash. Part of me is excited to have this cash on the sidelines and have control over easing into the market and then being able to put a bunch to work SHOULD we see a correction. Not going to wait for one to start putting it to work but maybe we are starting to see some cracks and could get a healthy entry point if fed tapers stimulus and Covid continues
Ahhhh got you