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<blockquote data-quote="Aquaholic" data-source="post: 337582" data-attributes="member: 1339">Does anyone keep dry powder ( e.g. ~15% in money market) in their 401k? Use it for a market correction. I am not ready for ~50% market drop if a black swan event occurs. My only 401k changes have been to rebalance into defensive positions and spending more on physical gold/silver and bitcoin/eth. I'm very cautious of the U.S. market going forward. Are drunken sailor uncle Sam can continue to kick the can down the road by continuing to stimulate the economy by spending. Not hard to see it continuing with elections coming. Fed will probably back step on rates if inflation gets to hot. I'm at a crux. Should I consider sitting partially on the sideline out of the market, or let'r rip. And hope I have time to pull back the reins if needed. It took about a month Feb 9ish to march 15 2020 to dump the market until all the extra gov help came in that pushed the market and real-estate bubbles even higher.I have plenty of time to work still. My goal is not to work harder but smarter. Be outside with my family.&nbsp;&nbsp; Cheers</blockquote>

[QUOTE="Aquaholic, post: 337582, member: 1339"] Does anyone keep dry powder ( e.g. ~15% in money market) in their 401k? Use it for a market correction. I am not ready for ~50% market drop if a black swan event occurs. My only 401k changes have been to rebalance into defensive positions and spending more on physical gold/silver and bitcoin/eth. I'm very cautious of the U.S. market going forward. Are drunken sailor uncle Sam can continue to kick the can down the road by continuing to stimulate the economy by spending. Not hard to see it continuing with elections coming. Fed will probably back step on rates if inflation gets to hot. I'm at a crux. Should I consider sitting partially on the sideline out of the market, or let'r rip. And hope I have time to pull back the reins if needed. It took about a month Feb 9ish to march 15 2020 to dump the market until all the extra gov help came in that pushed the market and real-estate bubbles even higher. I have plenty of time to work still. My goal is not to work harder but smarter. Be outside with my family. Cheers [/QUOTE]

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