I’m 60 and will retire soon. I have about 400k in my 401k. And there are tiers of risk I can choose from. I’m in the riskiest one. Which has been working out well for me.
I don’t know much, but common sense is telling me that this administration is making bad choices and I’m very concerned that the shits going to hit the fan soon.
Is it wise to put my money in the safest tier and ride the wave.
Of course I have no real business trying to predict the stock market as this is not my forte, so I am asking: would it be wiser to leave it in the risky tier?
I don’t plan on taking any of this money for at least 4 years.