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re: 401k allocation for someone in early 30s during bear market

Posted on 2/6/18 at 12:42 pm to
Posted by Brian Wilson
Member since Mar 2012
2026 posts
Posted on 2/6/18 at 12:42 pm to
quote:

Forget your login password

Login again in 20 years


Set it aggressive and then do this^^
Posted by Blind Zebras
We comin
Member since Aug 2016
1044 posts
Posted on 2/6/18 at 1:02 pm to
Dollar Cost Averaging. Look it up
Posted by ljhog
Lake Jackson, Tx.
Member since Apr 2009
19090 posts
Posted on 2/6/18 at 4:10 pm to
Cash
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/6/18 at 5:14 pm to
Dat bear market though
Posted by AaronDeTiger
baton rouge
Member since Jun 2014
1558 posts
Posted on 2/7/18 at 2:32 pm to
I'm 29 and 100% fidelity contrafund (FCNTX). Is this bad?
This post was edited on 2/7/18 at 3:06 pm
Posted by GREENHEAD22
Member since Nov 2009
19627 posts
Posted on 2/7/18 at 8:24 pm to
I am the same age and while I do think we will see a turn to the bear in the next 8-16 months I will not be making any changes anytime soon.
Posted by djangochained
Gardere
Member since Jul 2013
19054 posts
Posted on 2/7/18 at 9:28 pm to
This good advice ?
Posted by Thib-a-doe Tiger
Member since Nov 2012
35460 posts
Posted on 2/7/18 at 10:20 pm to
Not really, and I’m the one who gave it. Diversify and don’t overthink it was the message. A 5 or 10% dip wont matter in 20 years, but there’s a reason 401k’s have daytrading blocks
Posted by Jag_Warrior
Virginia
Member since May 2015
4129 posts
Posted on 2/15/18 at 4:46 pm to
quote:

Forget your login password
Login again in 20 years




Posted by TigerintheNO
New Orleans
Member since Jan 2004
41244 posts
Posted on 2/15/18 at 5:27 pm to
Not bad at all, solid fund. I prefer FUSVX, but everyone situation is a different.
Posted by bowlbound
Member since Oct 2017
629 posts
Posted on 2/15/18 at 5:45 pm to
You should be aggressive and keep contributing at your age. Just watch the individual funds. If they aren't performing then move them around. Maybe get a fund that has a percentage of bonds in it but not a full bond fund. . 5% max.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75276 posts
Posted on 2/15/18 at 5:50 pm to
Shouldn’t you be aggressive until your mid 40’s?
Posted by CivilTiger83
Member since Dec 2017
2525 posts
Posted on 2/18/18 at 7:54 pm to
I like the age in bonds approach or bond % = age - 10.

Stocks can drop 70-80% in a really bad recession. You will be thanking the good Lord for every dollar you have in US government bonds when that day hits.

...unless it's a US gov debt default, in which case there is no investment rock you could hide under to escape the Carnage.
Posted by Crescent Connection
Lafayette/Nola
Member since Jun 2008
2032 posts
Posted on 4/12/18 at 8:52 am to
Just to clarify...this is still not a bear market?
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