So I have a 401K through my work, with less than $20,000. I see that over the longer-term, the riskier funds are doing the best. Like for example, over 3 years its gained 71% while the fund I am in now has gained 50%. Since I am 38 and not planning on retiring for 28 years, should I just go super risky since its all very long term? I know that over the short term, seeing a risky fund doing badly as compared to less riskier funds, might really (*)(*)(*)(*) me off. but again, its 28 years. what do I do?
yeah, i decided to go super risky, cause over the last 3,2,1 years and 6 months, the risky investments have been kicking ass. and i expect that over the next 28 years, by which time I will be 65, it will continue to pretty much kick ass. with some bumps, sure, but still over the long run, kick ass. now, will i move things if the market starts crashing? yes. but then put it right back into risky stuff when it starts recovring again. but i don't see a major crash on the horizon
