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#3451 |
Starter
Join Date: Dec 2014
Casino cash: $7712356
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401k dumb question of the day. I'm 34 and have my 401k 100% into a target date fund. Should I transfer this into large cap since I'm young and have time to ride it out?
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Posts: 273
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#3452 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-1633101
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The whole idea of target date funds is that you don't have to touch them. You can consider making moves to have more control if you want, but I wouldn't do it in reaction to a short term downturn.
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Posts: 53,117
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#3453 |
Starter
Join Date: Dec 2014
Casino cash: $7712356
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I'm not really reacting to the downturn, just thinking more long term. It seems that i'd stand to gain more in large cap over the years compared to target date. However now that I'm reading more, target dates are a bit more steady in big downturns.
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Posts: 273
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#3454 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-1633101
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Target date funds are diversified for you, so they'll naturally be more stable than going fully into stocks. That said, they can also be more conservative than some people need, so there are reasons not to use them. It's probably worth digging into the allocation of yours and comparing that to how aggressive you want to be.
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Posts: 53,117
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#3455 | |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $-432449
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Quote:
My personal opinion is that target date funds will get too conservative as you get older (age 55+), but that's really a factor of the amount you have saved. If you think you're not able to weather a downturn, then stay in the target date fund. But I think something that gets overlooked is that a person who is 60 still has 25 years of investing ahead of him. If you go too conservative at age 60, then it'll hurt you when you're in your 80s.
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Active fan of the greatest team in NFL history. |
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Posts: 145,217
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#3456 | |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $-432449
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Quote:
See this post? This post right here? I put $5,000 in this company yesterday just because of this post, and I'm up $1,031.15 right now. I owe Hog's Gone Fishing a beer if it stays up like that.
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Active fan of the greatest team in NFL history. |
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Posts: 145,217
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#3457 |
Buddy Christ is a Chiefs fan
Join Date: Nov 2008
Casino cash: $-1670454
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Has 3M been mentioned in here? Seems like maybe it is ready for a rebound possibly?
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"You know, they lay down with their ugly wives in front of their ugly children and just look at their loser lives and then they look at me and say, "I CAN'T PROCESS IT!" Well, no, and you never will. Stop trying. Just sit back and enjoy the show .... You know?" Carlos Irwin Estevez |
Posts: 11,291
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#3458 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1338100
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I check my credit history and credit score once a year.
Ringing in at 805. First time cracking 800 on my credit score. |
Posts: 46,294
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#3459 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1419523
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Awesome! I'm on a beer break though. We can go fishin on your new boat soon????
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Posts: 40,645
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#3460 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $-432449
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Perfect. And now that lewdog's credit score is above 800 he's eligible to go fishing with us, too.
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Active fan of the greatest team in NFL history. |
Posts: 145,217
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#3461 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $-432449
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It's been on a downturn so I've been hoping for a rebound. I read some article that said it's got a lot of things going against it in the coming year, but that's just one article (and I don't remember the details).
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Active fan of the greatest team in NFL history. |
Posts: 145,217
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#3462 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1338100
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Looking to go below the 200 day SMA this week. Looks like 8% to go?
Let’s ride!!! |
Posts: 46,294
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#3463 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1419523
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Hey Rainman, Looks to be another good day
https://stocktwits.com/symbol/MRNA https://marketchameleon.com/Reports/PremarketTrading $36 premarket Last edited by Hog's Gone Fishin; 02-27-2020 at 07:42 AM.. |
Posts: 40,645
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#3464 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $-1345266
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Posts: 59,928
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#3465 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1419523
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(TDOC)
This company makes the TeleDoc system used by hospitals to get a diagnosis from another doctor or treatment recommendation other wise unavailable due to proximity. Could be very useful in a virus outbreak situation like we have going on now. With this you can tap into the experts across the country or globe. When my wife was in the hospital and her blood pressure was 200/140 this was used to get advice from an expert in Amarillo Not recommending, just throwing it out there. |
Posts: 40,645
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