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still_one

(98,883 posts) Thu Jun 13, 2013, 08:03 PM Jun 2013

So what is a person to do if their 401k plan only offers funds in stocks or bonds? If interest [View all]

rates go up the bond fund value goes down, and if interest rates go up stock funds tend to go down also

So if a 401k does not have an option for a money market fund, and if you participate in such a 401k plan, you have no choice but to ride it whichever way it goes, and do not have a choice to keep it in a neutral place like a money market until you feel comfortable jumping back in

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So what is a person to do if their 401k plan only offers funds in stocks or bonds? If interest [View all] still_one Jun 2013 OP

For safety, find the shortest-term bond fund you can find. reformist2 Jun 2013 #1

I agree, if you need a safe harbor badtoworse Jun 2013 #3

You have the right to rollover whatever balance you have (with some limitations) to an IRA Chan790 Jun 2013 #2