D'ohpey
First Time Poster
Cash: $ 0.25
Posts: 1
Joined: 27 Oct 2012
Location: Las Vegas
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| 401k rollover allocation |
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I'm very thankful for places like this site as my financial knowledge is somewhat limited, but growing daily.
I am rolling over a small 401k into a Sharebuilder IRA account. I was planning on allocating 50% to metals ETF's and 50% mutual funds. Someone I trust once told me that it's better to invest your retirement in metals than mutual funds. Does this still hold true? Should I put more into the ETF's?
Thanks for any help you can give.
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Sat Oct 27, 2012 9:34 pm |
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bolainmarsh2
First Time Poster
Cash: $ 0.40
Posts: 1
Joined: 14 Nov 2012
Location: usa
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Welcome to the forum! It is not possible to make much of a suggestion without knowing the rest of your situation. But if you just want a "place holder" fund, use money market or one of the target funds or a Lifestrategy Fund until you get your portfolio straighten out. When you have a plan for the whole portfolio, you can exchange it into something you actually need.
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Wed Nov 14, 2012 2:15 pm |
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littleroc02us
Moderator
Cash: $ 384.35
Posts: 1891
Joined: 09 Feb 2009
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What does his portfolio look like and what is his networth. I only trust people that have actually done it and have a high networth.
Risk comes from not knowing what you're doing. (Warren Buffet)
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Wed Nov 14, 2012 5:33 pm |
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