Anyone else transferring their 401(k) funds to low-risk investments?

[LogDog75]

37. I'll stay in the stock market

I don't have a 401K but I do have an IRA mutual fund, which I am doing RMDs, and a regular mutual fund. Both funds are in the aggressive sector mainly because I don't need to tap them for living expenses. I have a military retirement and Social Security which pay my mortgage, taxes, HOA fees, bills, etc. with just enough money left over to put in the credit union (banks suck) savings, checking, CD, and money market accounts.

My strategy for investing is simple; pick good mutual funds and ride through the high and lows of the stock market. The analogy I use with the stock market is it's like the tides. The tides come in and the tides go out. The stock market rises and the stock market falls. Over time, ride through the highs and lows by not withdrawing or moving your money to something you think is safer or will bring higher returns. I expect an 8% return on my mutual funds and right now my IRA is returning 16% and my other one is returning about 25%; thank you Joe Biden! I've maintained this strategy for the last 30 years through the tech boom of the late 90s, the downturn after 911, the Great Recession, the boom in the stock market under Obama and Biden and it's paid off.

For those getting antsy, relax. DonOld Trump's policy will have a negative effect on the stock market but we will survive. We may have to suffer some losses in the value of our investments but I don't think our investments will be worth less than how much they were valued when Biden took office. Over the past four years, my mutual funds have made six steps forward so if they have to make three steps backwards because of the idiot-elected president I'm still three steps ahead.

Please keep your perspective and you'll survive.