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A Great Investing Decision


Clyde

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Our company 401k is all in T Rowe Price stuff. They have one fund that is super aggressive (currently putting about 60% in that one) an the rest split amounts 3 other funds.

 

My two IRA's are in the year index funds.

 

How old are you? If youre under 40 I'd say put more than 60% into growth stocks and don't get nervous when there are bad times.

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How old are you? If youre under 40 I'd say put more than 60% into growth stocks and don't get nervous when there are bad times.

 

My guy told me when i was 53 to keep making some bets. Pointed out the market will correct itself before I retire. It does it on average every 8 years.

Also put me into more international funds, markets that have not yet emerged. My company advisors told me the same. They were even more aggressive.

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I know the traditional advice has been to start being less aggressive as you near retirement. However with the time people live now most of us are going to have 25 years or better in retirement. Don't stop being aggressive with your funds too early.

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