bigblue_dl
Armed
Re: Rep Retirement Lodge 137: Counting the long summer days
Question for fellow Lodgers, financial in nature:
I have a large % of my 401k in stock options from my company, about 65%. This is because whenever my company matches my contributions, I get that match in company stock. The stock has been steadily increasing, which is why I have 65% in company stock instead of ~50%. Since it has been going up I have stuck with it, with the plan of diversifying whenever I felt the time was right. Given the potential implosion of the economy in the next week or so, I'm thinking now might be the time to move that into something a little more stable. Someone that knows more about this than I do: Is there something more stable, other than gold, which I can't move my 401k into?
Question for fellow Lodgers, financial in nature:
I have a large % of my 401k in stock options from my company, about 65%. This is because whenever my company matches my contributions, I get that match in company stock. The stock has been steadily increasing, which is why I have 65% in company stock instead of ~50%. Since it has been going up I have stuck with it, with the plan of diversifying whenever I felt the time was right. Given the potential implosion of the economy in the next week or so, I'm thinking now might be the time to move that into something a little more stable. Someone that knows more about this than I do: Is there something more stable, other than gold, which I can't move my 401k into?