odanny
Diamond Member
My 401K is at an all time high, mainly because today it is up 42.22%, a percentage I've never seen before.
While some funds in my self brokerage account are largely responsible for this rise, the managed funds have seen more modest increases. My question is would now be a good time to roll my managed funds, around 50% of my portfolio, into bonds, and leave my self brokerage funds to ride or die against future fluctuations?
I ask because I'm barely over a year from retirement, and don't want to lose these gains.
While some funds in my self brokerage account are largely responsible for this rise, the managed funds have seen more modest increases. My question is would now be a good time to roll my managed funds, around 50% of my portfolio, into bonds, and leave my self brokerage funds to ride or die against future fluctuations?
I ask because I'm barely over a year from retirement, and don't want to lose these gains.