Re: Transfer balances to L?
Originally Posted by
DaveTSP
Recently shifted to 100% L2020, should I transfer my existing G and F balances to L2020, or leave them where they are?
Your question is confusing to me... If you shifted 100% to the L fund, you should not have any left in the G or F fund, correct? Maybe you meant 100% of your balance that was not in the G or F fund?
In any regard, your question regarding how you allocate your investments depends on your retirement horizon, risk tolerance and income needs in retirement. It also depends on what you believe the market will do next, and if the L funds are the right vehicle for you.
Given that, the L funds were supposed to be designed to rabalance your entire portfolio on a daily, automatic basis without regard for market conditions or any thoughtful managament of the funds. This year that could be good, in previous years, maybe not so much.
However, for some (maybe most) the L funds will produce a greater return than those who attempt to devine the markets mysterious ways.
Ultimately, the decision is yours. The best we can do is advise you to read, study and participate in discussions to develop the best strategy you can to optimize your earnings.
Good luck, and good investing!
Official Retirement Date: 06-31-2014!
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