I appreciate the collective wisdom of the posters on this forum and have benefited greatly over the years as a lurker.
I have done Roth Conversions over the past few years and have always used International Stock and US Stock index funds because I knew if the market tanked during the year I could recharacterize.
Now that this option will no longer be available, should the money I convert go into a different fund like a balanced fund? That way, if the market tanks I won't have as much regret at having done the conversion (assuming stocks and bonds don't equally tank).
Is anyone else changing their conversion strategy?
I have done Roth Conversions over the past few years and have always used International Stock and US Stock index funds because I knew if the market tanked during the year I could recharacterize.
Now that this option will no longer be available, should the money I convert go into a different fund like a balanced fund? That way, if the market tanks I won't have as much regret at having done the conversion (assuming stocks and bonds don't equally tank).
Is anyone else changing their conversion strategy?