Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
401k question [View all] SheltieLover Jul 2020 OP
Not CDs now. Interest rates are at historic lows. Look into money market funds, ETFs, index funds. brush Jul 2020 #1
Yes, but SheltieLover Jul 2020 #3
Instead of one or the other, think in terms of balancing your portfolio with a portion in CD's nt Shermann Jul 2020 #5
Tyvvvvm! SheltieLover Jul 2020 #8
TYVM! SheltieLover Aug 2020 #27
It will be OK. Trump is the self-proclaimed Debt King. We've got lots and lots of debt progree Aug 2020 #28
Im sure SheltieLover Aug 2020 #29
You have a bigger risk of running out of money in retirement than losing it in the market Fiendish Thingy Jul 2020 #14
As are money market funds. And are easily available. With CD I think you may have to pay question everything Aug 2020 #26
What are your timeframes? Shermann Jul 2020 #2
I was thinking SheltieLover Jul 2020 #4
That might be wise to see what shakes out after the trump debacle is over. brush Jul 2020 #6
Tyvvvvm! SheltieLover Jul 2020 #7
My broker said that it was better to wait until things shake out until after the elections SWBTATTReg Jul 2020 #9
Tyvvvvm! SheltieLover Jul 2020 #11
I'm sure there is a target retirement fund option brokephibroke Jul 2020 #10
Thx so much! SheltieLover Jul 2020 #12
Target funds UrbScotty Jul 2020 #15
TY For explaining! SheltieLover Jul 2020 #18
Get a good advisor (fee for service, not commission) and tell them your goals/needs Fiendish Thingy Jul 2020 #13
Ty so much! SheltieLover Jul 2020 #19
I've been trying to find one of those, a bit of a challenge. JudyM Jul 2020 #22
It Often depends on how much you have to invest Fiendish Thingy Jul 2020 #23
Thanks.The ones I've contacted all want the money moved to their institution, don't want to do that. JudyM Jul 2020 #24
Ah, I see. Then yes, you may have a harder time finding someone. Nt Fiendish Thingy Jul 2020 #25
Wise words from my financial adviser... BigmanPigman Jul 2020 #16
Same boat brokephibroke Jul 2020 #17
Absolutely! SheltieLover Jul 2020 #21
I'm looking at SheltieLover Jul 2020 #20
The only thing I will add is to point out that trying to time the market PoindexterOglethorpe Aug 2020 #30
Thank you! SheltieLover Aug 2020 #31
Latest Discussions»Culture Forums»Personal Finance and Investing»401k question»Reply #31