Best strategy to update current holdings
Currently holding a good chunk of Apple stocks in Fidelity that was 401k money. Thinking of selling all of them soon, and reinvest to retirement fund, eg. Fidelity Freedom 20xxK. What are some low risk strategies? Cashing out and reinvesting all at once seems risky. What about dollar-cost averaging? I’m assuming stock market will continue fluctuating for a while longer from now.
How much?
What’s the risk? A target date fund matches investment choices to your target retirement. Your gamble of keeping a lot in AAPL paid off. Make appropriate moves before it turns against you.
True, my outlook for AAPL has changed now so I should cash out. Thanks
Target date fund’s price has gone down recently because of the correction, my question is should I transfer into it all at once or DCA(dollar-cost averaging) in to reduce risk
Index funds.
And make sure you use an appropriate allocation of equities and bonds. Invest early, often, and Keep it simple
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