|
|
| *Home>>>Money Market Funds |
Need Advice of 401K Funds Re-allocation? |
Can somebody advise me at this moment whether I have to change my 401K to some Treasury Bond Fund or Money Market Fund for safty until the market is clear, since my balance already down 10% more and I'll retire in 2011. Now most funds I had was stock funds and the financial market seems to need quite a while to recover. TKS. If you reallocate into a bond or money market fund, you will preserve your principal, but you will also ensure your prior losses. If you are retiring in 2011, that may not be enough time for the market to recover from its current doldrums (looks like things will get worse before they get better). You don't have to make any moves, but since you are retiring soon, it would be wise to transfer some of your portfolio to safer investments, like bonds and money markets. However, I would not sell everything now. The market already is off huge. A lot of the damage is done already. Nobody knows how bad things will get, but typically election years are great years. I am expecting a market rally mid year. Also, at what point do you know the market is "clear". It might be at the bottom now. |
| Tags |
| Online Investment Online Business Offshore Investment Mutual Fund Money Market Funds Money Investment Managed Fund Make Money Low Risk Investment |
| Related information |
I have and tell people to have enough liquid, readily available cash to pay your expenses for six months. Mutual funds--not liquid. Checking/Savings --liquid. Money Market--liquid. Certificat... Yes, they can. ...Money markets do have a higher rate and like all savings accounts at a bank are FDIC protected up to $100K, but some savings accounts are just as high or higher. You won't lose your money. C... Wow, impressive I would suggest 6 months emergency fund. As far as savings and money market make sure you are earning the max you can and still keep it liquid. Does your money market and sav... HSBC is paying 5.05% on their money market account...no min balance, no fees. The money is totally liquid. They alaso run promos for higher interest rates. Right now any new money will make 6% t... Did her address change at all since that time, and did she notify them of any change of address? She should have been receiving annual 1099 statements for tax purposes. If she still has tax recor... Same question asked 4 months ago.... Here is the best answer... There are money market mutual funds, however, this is what I think you're talking about. Money Market accounts: most banks... Money market accounts invest in short-term government securities. The return is close to CD rates, but you should shop around for financial institutions for the best rates. Money market rates fl... |
Categories--Copyright/IP Policy--Contact Webmaster |