Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[lewdog]

Great advice going on in here!

Let’s hope we get the market ripping to all time highs again soon!

[Buehler445]

Originally Posted by KCUnited

Thats why I asked

I literally have the Vanguard Target 2035 fund and can adjust the % so figured Schwab might offer a similar product

Really? Mine in my IRA doesn’t.

[KCUnited]

Originally Posted by Buehler445

Really? Mine in my IRA doesn’t.

IDK maybe its plan specific but I've adjusted my 2035 target fund asset mix

From a company 401k standpoint, you pick it when you're in your 20s, so 2035 sounds good even though I'll still be in my 50s because what the **** do I know at 25. So the fund rebalances to market conditions for the target but also allows me to adjust as my life progresses

Maybe I'm misreading the original ask but it sounds like 2035 might not be enough so the choices are managing it yourself or working within your fund, if it allows it, to adjust your asset mix

[GloryDayz]

Originally Posted by Wallymo

I'm 53, and had all my retirement in Schwab's "retirement 2035" account. My son is a business major and went over the individual investments that make up the retirement 2025 account. Turns out that 18% of my retirement investment was in bonds.

At my son's recommendation, I changed my allocation to 100% in Vanguard Institutional Index I ("VINIX"), which tracks the S&P 500.

It's a few days later, and I'm a bit nervous. I've read this string for years, but don't post on it as I don't have the disposable income to make trades for singular stocks. Any advice from the group here? Do you think it was the correct choice? You guys have such a deeper knowledge base than I do. My goal is to have my current account double twice in the next 15 years (which would be boosted by my yearly contribution). That should hopefully be enough for my and my wife's retirement. Based on family history, I'm likely to die before I hit 75 but my wife will live to be 100.

Thanks in advance!

Yeah, you're at the age where you have to minimize the risk to the portfolio. IMO, with these wild swings we're seeing in a scared market, well, it isn't worth taking the chance of another 2008.