The current balance of my 401k is allocated 50% to the Fidelity Contrafund (FLCNX) and 50% to Fidelity Growth Company K6 fund (FGKFX). I will continue to make contributions to these funds as part of a DCA strategy, but wondering if it makes sense to move the current balance to a more stable fund in the short term, looking for an opportunity to buy back in at a later date? Is that a feasible strategy, or should I just ride it out? For context I am 34 with no plans to retire anytime soon.
Leave a Reply