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Werewolfdad t1_iy9x1t5 wrote

You shouldn’t be timing the market.

> would like to be a bit more active in managing my retirement

Given your question, that’s realistically the last thing you should be doing.

Investing guidance: https://www.reddit.com/r/personalfinance/wiki/investing

401k fund selection guide: https://www.reddit.com/r/personalfinance/wiki/401k_funds

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RelevantToTheNameOf OP t1_iya3gm9 wrote

Thanks but I'm not looking for investment advice.

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Werewolfdad t1_iya3r3n wrote

I mean, if you can't figure out what mutual funds are, you certainly should be

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RelevantToTheNameOf OP t1_iya5kfc wrote

I don't appreciate the snark. I can have a view about the economy and the market direction. Maybe I won't have sick gains but why would it bother a commenter on Reddit if I don't know certain details about a specific retirement plan?

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Werewolfdad t1_iya8e7e wrote

Because I want you to be richer

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RelevantToTheNameOf OP t1_iyaha9k wrote

This is one thing I don't like about reddit.

OP: "Guys, what's the best way to peel an apple?"

Commenter 1: "You shouldn't be peeling apples."

Commenter 2: "Have you tried peeling bananas? They're a better choice."

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Werewolfdad t1_iyai2ft wrote

I mean this one this is more like “I don’t understand Texas Hold ‘em, should I bet $50 or $100 per hand?”

And the answer is don’t Texas hold ‘em because you’ll lose to the professionals

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MikeWPhilly t1_iyannxf wrote

I think you are missing his point. It’s more like:

OP - I want to protect my money.

Commenter 1) - Keep investing

OP - I don’t need investment advice.

Commenter 2 - You do need investment advice since you can’t figure out the safe funds which are specifically labeled. I.e. Mutual funds. This is literally a 10 second google.

OP - I just want to protect my Money

Commenter 1, 2, 3 - Keep investing you already took a huge amount of pain.

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