We have a couple of different 401ks and IRA's. Two are already in money market accounts. One i just have about $70k in that I was day trading a bit with earlier this year. The largest one is in mutual funds and bond funds. Its spread across about 10 funds and we pretty much just leave it alone and ride the ups and downs.
However, I told the financial advisor a few weeks ago to find a money market or some fund that's extremely low risk because I want to park it around the election. He gave me tge old don't time the market speech and reassured me Trump was going to win. I told him I worried the left was pushing mail ins because they have a plan to steal the election. So here we are. I'm going to park another 150k or so Monday.
Are you guys just planning to let it ride or have you moved into low risk stuff for now? I think I can still take 100k out this year with no penalty. I don't want to pay the tax but it may get taxed lower this year than it will in future years if the theft sticks.
I've also considered moving some to a precious metals IRA.ļ
Bb
