Here's what smart investors do with their 401(k)s when the stock market is hitting highs

  • 📰 USATODAY
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

When is the best time to plan for a stock sell-off? When the indices are hitting new highs, of course.

All of that proves that stock sell-offs usually provide a golden opportunity to heap more holdings onto your plate at lower prices. By the way, the cumulative total return from Jan. 1, 1987, through the end of last year was 3,415%.If you, like me, believe stocks are still in a long-term bull market, then meaningful downturns provide a happy opportunity to look at our 401 contributions and allocations with new eyes.

You should also rebalance holdings that have appreciated far above the initial target you selected. Outperformance is good. But you don’t want the market making your asset allocation decisions for you. If you determined to place 50% of your 401 in a particular fund, allow it to run, but if it gets to be more than 10%-15% above your initial allocation, trim it back and transfer the money to a fund that offers fresh diversification or may have lagged recently.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

i need sugar baby i will give her 300dollars per week message me if you are interested

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 100. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These stocks have been hit by coronavirus fears, but analysts still say buyMajor Wall Street analysts see buying opportunities for some stocks hit by the coronavirus. They will always say buy even after they have sold Buy on the dips … sell on the highs … simple theory that applies to all most every thing ... Yep. Let them buy as much as they want. Smart retail will see the true risk and run now.
Source: CNBC - 🏆 12. / 72 Read more »