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Not sure what you mean by this. Most retirement accounts are investment portfolios. I don't think they meant that people should reinvest their entire portfolio
by nkohari 8y ago
Not sure what you mean by this. Most retirement accounts are investment portfolios. I don't think they meant that people should reinvest their entire portfolio in the offering, or invest money they couldn't afford to lose.
- ironjunkie 8y agoI think he means that stock picking is way more dangerous than a well diversified "safe" Fund like most retirement accounts push you to invest in (with high management fees of course).
- arcticbull 8y agoRetirement accounts can just as easily invest in Vanguard funds, side-stepping the 'high management fees' issue of target-date funds. Picking is more dangerous when you're playing to retire vs. playing to build wealth. Further, your asset mix should become more and more conservative over time.
- ironjunkie 8y agoThat depends on your 401k. I agree that if you can switch to one with vanguard funds that's definitely the most optimal
- arcticbull 8y agoI was suggesting rolling over at the first opportunity into an IRA
- Spooky23 8y agoIt depends on how you define conservative. The typical guidance is to shift towards bonds and short-term instruments in a fund or ETF over time. The problem with that is that the yields have been poor for many years. A nominally safe investment like the Vanguard Short Term Gov Bond ETF is down in real and nominal terms over the last decade.
- gammateam 8y agodon't forget about the mad gainz you get from an Ally savings account with 1.5% interest edit 1.75% extra tennis balls for your walker