Bucky
TUG Member
- Joined
- Jun 6, 2005
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- Location
- The Carolina’s
- Resorts Owned
- Marriott Oceanwatch (2)
We are just a couple of months away from age 70 so within the next year or so will have to start mandatory withdrawals. With politics being what they are we don’t feel comfortable leaving our 401K’s in what is considered right now as a Growth portfolio.
Rather than individual stocks we have everything in MF’s. They cover the whole gamut. Everything from Bond Funds to High Growth funds. The market is starting to look toppy to me and combined with our age, I feel now is a good time to start playing defense instead of offense.
Obviously we will seek out professional advice but was wondering what others would or are doing under these circumstances. Not concerned as much with income or growth anymore as protecting what we have. Now is as good as time as any to address this as we approach year end.
Rather than individual stocks we have everything in MF’s. They cover the whole gamut. Everything from Bond Funds to High Growth funds. The market is starting to look toppy to me and combined with our age, I feel now is a good time to start playing defense instead of offense.
Obviously we will seek out professional advice but was wondering what others would or are doing under these circumstances. Not concerned as much with income or growth anymore as protecting what we have. Now is as good as time as any to address this as we approach year end.