if we're going to have a crash, should I put everything in fidelity in cash reserves or their stable fund?.....
anybody?
I have a similar balanced fund with TRowe Price. 10 years ago I stoped playing with their other stock and bond and cash funds . Now I just ride it out and trust TRowe. I’ve had their funds for almost 60 years, long before retirement. I’m 84.
Last year, due to media fears about an impending crash, we started shifting investments from stocks and bonds to money market cash. So if a crash happened, we wouldn't lose everything. Well, month after month went by and we gained value from the rising stocks. Don't know if a crash will happen anytime soon. So I wouldn't put it all in cash reserves. Currently, ours is split about 50/50 between cash and stocks/bonds. We're happy that half our investment is increasing, and aren't greedy to put it all in stocks/bonds.