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Amazon buying AMC.
LOL
LOL
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Have fun chasing this ****
Sheesh U
Is this the correction? Should I be selling my entire portfolio?
I want someone to poke holes in this idea that I have been toying around with for a few months. What would be the drawbacks of me just deciding to roll my entire 401k to an IRA and then do so every 12 months, in essence carrying NO 401k monies and keeping it all in IRA. The reasoning is two-fold:
Anything else I am missing? Besides the obvious fact that I could just blow myself up with bad ideas?
- Fee compression. Fees are a big return detractor, my 401k charges me fees (It is a total of One basis point but a fee nonetheless) whereas an IRA has no fees.
- My ability to generate Alpha. My 401k is 100% indexed, whereas I don't carry index exposure in my IRA at all, and have generated returns over the index every single year and ideally, would continue to do so (overconfidence bias here is a flaw)
I've only changed jobs once but when I did leave I rolled to an IRA as well.If you could I would recommend it.....I have left a few jobs over the last 4 years and taken that money and put it in IRAs....doing much better than if I had left it in 401k.....I could only do that when leaving a company........does your company allow you to transfer out?
I’m looking to leave current job, I already Maxed out my 401k for 21 in anticipation I do get new job and can roll that over to another IRA.....my plan for that one is to be super aggressive.
I've only changed jobs once but when I did leave I rolled to an IRA as well.
I haven't called my HR department to find out if we can transfer out yet but if I can I may only do half. Keep some index exposure as a hedge.