First time poster with long term objectives...I'm 27 years old and have participated in my employers' 401k from the first day I became eligible. I contribute the maximum 15% w/ 2% match into the 401, as well as max out my IRA accounts. I'm an employee of a bank and we have a subsidiary that offers mutual funds which are available to employees at NAV. Right now I have three Putnam IRA's and I just started an Oppenhiemer account (taxable account). All of my investments are in aggressive growth equities as I have thirty to thirty five years to let it sit. My question is this... Should I re-allocate before the year 2000 computer glitch becomes a factor? I've thought about it long and hard, and the only conclusion I can come to, as a mutual fund investor, is that Y2K can, at best, have a zero affect on equity markets with a probable negative affect on equity marktes which can't possibly be predicted... HELP!!!!!!MoMoney...
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