Urchina
Full time employment: Posting here.
I'm taking a closer look at our IRAs right now (DH and I each have a Roth and a Traditional, all four are at Scottrade). We have a spastic investment mix in them, and I feel that it's time to rebalance. The existing investment mix is half apathy/time/hesitation, half wanna-try-my-hand-at-individual-stock-picking.
Our deferred comp plans are currently in a 90/10 stocks/bonds mix, using mutual funds, and new assets are being automatically allocated (LOVE this function, thanks plan administrators).
I'm wondering if now is a good time to rebalance. All of our IRAs have lost money; the wacko allocations didn't help, I'm sure. I'm wondering if I should rebalance now, or wait a bit to see if some of the stocks recover. On the one hand, I'll be selling depreciated stocks to pick up depreciated stocks -- Nothing in the IRAs is doing particularly well. On the other hand, I worry that selling equities while they're down to pick up other equities (and some bonds) is a poor decision.
The bonus of rebalancing now is that we can then put the IRAs on autopilot. We'll probably follow our above allocation, using ETFs.
New money is now only going into the Traditionals, so the Roths are the ones that will be most impacted by the rebalance (small balances, no new money, so no future dca)
Any thoughts?
Our deferred comp plans are currently in a 90/10 stocks/bonds mix, using mutual funds, and new assets are being automatically allocated (LOVE this function, thanks plan administrators).
I'm wondering if now is a good time to rebalance. All of our IRAs have lost money; the wacko allocations didn't help, I'm sure. I'm wondering if I should rebalance now, or wait a bit to see if some of the stocks recover. On the one hand, I'll be selling depreciated stocks to pick up depreciated stocks -- Nothing in the IRAs is doing particularly well. On the other hand, I worry that selling equities while they're down to pick up other equities (and some bonds) is a poor decision.
The bonus of rebalancing now is that we can then put the IRAs on autopilot. We'll probably follow our above allocation, using ETFs.
New money is now only going into the Traditionals, so the Roths are the ones that will be most impacted by the rebalance (small balances, no new money, so no future dca)
Any thoughts?