Current Events > is it dumb to put 100% of my retirement funds in the S&P

(+) Yeah! (+)

Cause 100% of my retirement funds are in the S&P

The idea of hand picking stocks and bonds and shit stresses me tf out so I just throw 25% of my paycheck into an S&P index fund and dont look at it again til I get paid

Is there a smarter (and still easy) way to do this??

Its a good move, honestly.

No, it's fine assuming you have a very long investment horizon.

It is not dumb.

The only thing to consider is that you approach retirement age, you should increasingly allocate some percentage of your holdings toward bonds. Retirement ETFs basically do this for you. But you can do it on your own too.

I put all my retirement into copies of Super Mario 3D All-Stars

Crimsoness posted...

I put all my retirement into copies of Super Mario 3D All-Stars

Also a solid strategy

CE_gonna_CE posted...

Its a good move, honestly.

Dat_Cracka_Jax posted...

No, it's fine assuming you have a very long investment horizon.

Kuuko posted...

It is not dumb.

The only thing to consider is that you approach retirement age, you should increasingly allocate some percentage of your holdings toward bonds. Retirement ETFs basically do this for you. But you can do it on your own too.

Hell yeah
The bond thing is a future me problem.. Ill try to remember that

Crimsoness posted...

I put all my retirement into copies of Super Mario 3D All-Stars

I mean if it ever reaches early nintendo Pokemon and Mario status.. you're gonna be the next Bezos
I went to buy Pokemon Ruby and it was over $250 at my local gamestore.. WHAT??

If youre on the younger side you should consider diversifying at least somewhat into a high yield mutual fund with a proven track record. It will be more volatile but youve got time on your side.

that said, nothing wrong with investing in the S&P. Youll get market returns and the only thing you really need to worry about is armageddon.

Youre young. That's more than fine. It may or not be optimal, but the fact that you're saving 25% into something like this early makes it more likely that you'll actually be able to retire someday

Assuming you're not near retirement that's not a a bad move.

in the short term we're probably going to see another dip soon, but line go up.

SPYG has been good to me over the past couple years

Solid_Snake07 posted...

If youre on the younger side you should consider diversifying at least somewhat into a high yield mutual fund with a proven track record. It will be more volatile but youve got time on your side.

that said, nothing wrong with investing in the S&P. Youll get market returns and the only thing you really need to worry about is armageddon.

any reccs?

Best move to make for your retirement fund probably.

And this is with a company 401k?