Quote:
Originally Posted by rnln
can you explain more detail why? Or you just like the risk, lose big gain big?
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I'm young, far from retirement, and have a relatively high tolerance for risk.
My bet is that the companies that survive this recession and thrive during the next upturn will more than make up for all of the losses of the companies that go belly up. I'm in the "high-risk" fund that my company manages for its own employees 401k, so there is no publicly-available fund that I can recomend to people that have similar tastes.
I will start moving funds over to the "moderate risk" fund during the next decade, and then the "low-risk" fund the decade after that.
Between my wife and I, we each have a pension. I have my 401k in high-risk. Here's is in moderate risk. I have a Roth IRA in high-risk as well. She has a traditional IRA in an annuity. Between the two of us, we have the spectrum covered from high risk to very low risk, with the bulk of funds on the high-risk side. Over time we will shift the other direction.