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Author: 0x6a74 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75539  
Subject: Re: Roll old 401(k) and allocate assets Date: 5/3/2013 2:04 PM
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I have an old 401(k)and I'm thinking of direct-rolling it to a discount broker. That transaction would "sell" to cash. Since the market is so high, does it make sense to leave it as cash for a few months to see if a correction occurs? Or is it better to schedule automatic investments into positions now?


1. IMO, almost always a good idea to roll 401k into IRA

2. whenever I've waited for a 'correction' , it never happened

3. IMO, a reasonable list- lowish risk low maintenance ( another reason to not wait for correction)
m
4. consider piecemeal conversion to Roth

good luck
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