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I have a 401k plan from a previous employer. I'm no longer contributing to it, but I am able to re-distribute the existing funds as I like. I am currently happy with the funds available.

Anticipating that the "general" population of investors will choose to take a low-risk stance during the millenium transition and pull out of the stock market, I am considering re-distributing the funds of this 401k into Money Market Funds. I feel like I would be more comfortable with the risk(little to none) of a Money Market Fund.

Is this a rational thought?

I realize that a consequence of this decision could be that although I potentially miss the down-side of the market, I could also miss the up-side when a recovery occurs.
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