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401k allocation ?
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Tnfarmer
Posted 2/21/2017 21:15 (#5855112)
Subject: 401k allocation ?



tennessee
I'm a federal employee and have access to the thrift savings plan at work. I've had my money spread out in 4 funds but I'm thinking about putting most of my contributions in the common stock fund while the market is on a run. I've got 12 yrs before retirement so I can play with it a little yet. Do u think its smart to try and cash in on this market run or leave it spread out? I can switch it back at any time so unless there is a drastic drop in the market I don't see alot of risk in doing this. Even if it went down alot I would be buying stocks at a discounted price. I would not do this if I were 5 yrs or less from retirement. Thanks.
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