Depending on what other investments you have, a target date fund is actually not a bad place to be. Not sure of your age, but an easy way to shift to a more aggressive portfolio would be to just change the target date fund. The TR2045 is a lot more aggressive with about 84% stock allocation. The 2040 target date fund has about 77% stock allocation. If most of your investments are in the IRA, I think a target date is reasonably efficient and does a nice job of managing risk. There is also the advantage in that there is less temptation to mess with the investment. Right now you are intrigued by tech stocks. What happens when they tank? What will you move to then? A target date fund allows you the piece of mind to just let it be.
Statistics: Posted by WeakOldGuy — Mon Oct 21, 2024 1:25 am