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Reply to "Checked 401K today after not looking in 3 months"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you’re older and you’re down 20%, blame yourself. Clearly, your asset allocation is too risky. Everyone wants to be 100% in stocks when the gains are piling up, but they forget that the economy doesn’t go to the moon in a straight line. [/quote] Agree - there are so many gloaters who are all stocks during the good times, but very quiet these days.[/quote] I’m glad Vanguard automatically changes the asset allocation for the 529 as we get closer to college age. Those accounts have not lost as much due to the changes Vanguard made. [/quote]
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