[quote=evolusd]Turning 39 this year. Had about 30% of my retirement in cash up until last week, at which point I got sick of watching the market go up up up and dumped about half of it into a few large cap growth stocks, only to see them get pummeled this week. Oh well…lots of time before I retire.
Curious to see where we go from here.[/quote]
I think if you make regular investments over the longer period of time, you have nothing to worry about. That way you get the highs and the lows and everything in between….
The best performing account I have is my kid’s 529 account because they severely limit what you can and cant do.
Currently, I do a automatic investment of roughly $5000/month into post-tax index and 529 accounts, in addition to the maximum 401k contribution. I have no mortgage and have net rental income, and since my life’s monthly “operational costs” are relatively low, I have nothing better to do with the surplus.
The automatic investment I’ve done since 1996, though the amount was much less back then.