Thu 3 Dec 2009
Rebalancing 401k
Posted by RichSlick under Money Management
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I’m getting the sense that the market is going to start sliding back down. By happenstance, my employer is eliminating a bunch of mutual funds from their portfolio and required all employees to move to the funds that would be remaining and out of the ones that would be gone. I did this a week or two ago but forgot to write about it and with the markets sliding down I’m glad I did. Ironically, I opted to push all my money into cash but the cash fund is also disappearing so I will have to make a move sometime over the next few weeks again.
I have a few months to make a decision but things are shaping up just right.