Re: Transfer balances to L?
Technically, L funds have not been tested for downturns, as they were developed in reaction to the 1999-2001 tech bubble. I have not seen an analysis of how they would have fared during that period (and am not sure if it is possible to do an analysis since L-Year funds increase their shares in conservative funds over time until reaching L income rates and for a long time we only had G and C so again analysis may be impossible).
My 2 copper plated cents on L funds is there is no sense jumping full bore into the more equity heavy (L2040/L2030) funds until a good entry point for stock buys. Earlier, only G and F were making profits. Now though, there is question if equities have reached their bottom and are ready to go up. Being a very carefull birdeen, I'm not ready to launch yet.
"All the prophets of Doom, Can always find room, In a world full of worry and fear..." - Protest Song, Monty Python
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