The L2040 is great for someone your age. It is specifically designed for you. Buy it and hold it. Don't worry about the market's ups and downs.
Bad times are good times for you. You get to buy stocks at bargain basement prices. By the time you retire, they, and the L2040, should have appreciated very nicely.
The nice thing about the L Funds is that they are rebalanced daily. David Swensen, Yale's endowment manager, recommends frequent re-balancing.
I wish I would have started saving at your age! Good luck.----Jim
Bookmarks