I keep up with most of the dumpster fire that is current US news but I’m sorta lost on this one. I contribute to my 401k every week and have a few thousand saved up, as well as stock in the company I work for. Is all of the bad news referring to the stock market crashing? Is this general across the board or more company-specific? I consider myself decently politically educated but not so much economically.

  • GrumpyDuckling@sh.itjust.works
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    4 days ago

    There should be a target date fund, do that. It automatically rebalances as you reach your target date. So if you plan to retire in 2050, pick the 2050 fund.

    • Vibi@lemmy.blahaj.zone
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      4 days ago

      Omg thank you sooo much!! This is exactly the simple and straightforward investment I needed! I also found a few other funds/growth symbols that seemed easy to understand. I’d eventually like to educate myself more on this whole topic, but right now simple is all my brain can handle 🤭