switch from Vanguard 2050 retirement roth ira?

[jjockers]

Hi all,

I'm definitely a novice here, but if you've the time, I'd love to hear your opinion. My wife and I have a Roth IRA Retirement Fund (2050) through Vanguard. It's gone down ~ 25% in the 1.5 years that we've put money into it. Would you suggest doing nothing and waiting this out, or selling it for something else? I'd like to stick with Vanguard, perhaps with gold or silver as is always suggested here, but are there are decent funds at vanguard worth investing in for the long haul?

If it were as simple as selling our retirement funds and then buying gold/silver/natural resource stock, I may just do that, but I haven't seen anything that simple at vanguard. As I said though, I am a novice.

And yes, I know I shouldnt' take any advice online

Thanks

 

[SevenEyedJeff]

I don't know if I would put it into gold or silver through Vanguard because I think it defeats the purpose of owning precious metals if you don't physically have it. Use other money to buy any metals you wish to physically hold. A lot of people say 10% is good insurance in metals, but given today's economy I would recommend 40-50%. I'm not an expert and obviously any person should do their own diligence and figure out what they should do, based on their own goals, number of years to retirement, ability to barter if necessary, etc..

Personally, I have had my money in the retirement savings trust, which has only been earning 4-5% a year, because I don't like the ups and downs of Wall Street, and it's been very stable. At least this way I can take advantage of a 50% employer match, without the volatility.

Granted, if the economy completely collapses or we get hyperinflation, it isn't going to matter if my 401k is in anything, because the buying power would probably evaporate one way or the other.

 

[JRuc33]

Keep it. Asset diversification is very important. A well rounded should include stocks. Over the long term, stocks have always beat any other asset class.

 

[danberkeley]

Hi all,

I'm definitely a novice here, but if you've the time, I'd love to hear your opinion. My wife and I have a Roth IRA Retirement Fund (2050) through Vanguard. It's gone down ~ 25% in the 1.5 years that we've put money into it. Would you suggest doing nothing and waiting this out, or selling it for something else? I'd like to stick with Vanguard, perhaps with gold or silver as is always suggested here, but are there are decent funds at vanguard worth investing in for the long haul?

If it were as simple as selling our retirement funds and then buying gold/silver/natural resource stock, I may just do that, but I haven't seen anything that simple at vanguard. As I said though, I am a novice.

And yes, I know I shouldnt' take any advice online

Thanks

What's in it? US stocks, bonds, ETFs, etc?

Keep it. Asset diversification is very important. A well rounded should include stocks. Over the long term, stocks have always beat any other asset class.

Not if they are US stocks and there's a run on the dollar.

 

[TheEvilDetector]

Keep it. Asset diversification is very important. A well rounded should include stocks. Over the long term, stocks have always beat any other asset class.

In certain situations (particularly those of major historical significance), it is fair to say, that diversifying in a certain single asset class,
amounts to an efficient method to lose an obscene proportion of your money.

 

[jjockers]

Thanks for all of your responses! What I am concerned about is what danberkeley and evildoctor mentioned. Vanguard's 2050 retirement fund is diversified, but 72% of the fund is US stocks :/

 

[danberkeley]

Thanks for all of your responses! What I am concerned about is what danberkeley and evildoctor mentioned. Vanguard's 2050 retirement fund is diversified, but 72% of the fund is US stocks :/

What US stocks are they? Hopefully, they arent any financials, retail, etc.