I'm contemplating making some investment changes, but am concerned about a possible double dip correction in the near/semi-near future. I realize that this thinking flies in the face of the "time in the market, as opposed to timing the market" strategy.
So, the bulk of my retirement is in a Vanguard Target Date Fund, which I contribute to monthly. I also have a legacy retirement account from a former employer, which earns 4 percent annually. I am considering rolling over those funds to my Target Date IRA though. Thoughts?
I also have 6 figures sitting in a cash reserve account earning a paltry 45 basis points; wish I had been more aggressive in March 2020. Anyhow, my thinking is to invest a portion of those funds in the vehicles below now - taxable account - and leave some dry powder for potential corrections:
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Emerging Markets (FEMKX): I have roughly 5% exposure in my Target Date Fund, but am looking to possibly increase based on future market forecasts. Thoughts?
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REIT's (VGSLX/VNQ): I don't have any exposure here and like the potential, as well as the dividend yield. Thoughts?
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Disruptor Fund (FGDFX): A Fidelity alternative to Cathie Wood's disruptive funds.
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Other: Alternative / Renewable Energy, Cannabis, and Biotech Funds/ETF's: Thoughts?
Finally, any suggestions on lump sum investments in the above (others) now or dollar cost averaging over time?
Big thanks in advance!
Submitted May 09, 2021 at 11:06PM by RU1972 https://ift.tt/3xWRvuN
