是否将 401(k) 的钱转到 bond上?

401(k) is a long term investment for retirement.  The question of transfering money to bond should be looked this way.  It should be an asset allocation question based on your age.  As you are closer to the retirement age, you should have allocated more asset to bond.  The allocation that I will use is 70% equity / 30% bond when you are in your 40s, 60/40 when in 50s, and 50/50 in 60s.  But these allocations are just a general guideline, you can hold more equity than bond if you have more risk tolarence.  

If you think that the equity market is too high and would like to move some money to bond, sure, you can do that.  Since we are talking about 401(k), I would think that most 401(k) plans only have the choises for bond funds.  For bond funds, you need to look at the fund's duration.  If a bond fund has the duration of 5 years, that means when interest rate goes up 1%, the bond fund will lose about 5% of asset value.  If that bond fund yield is 2%, then the total return will be negative 3%.  So the best way to do the allocation is to find a bond fund which has a shorter duration. 

所有跟帖： 

• 你对债券收益率（yield）理解不对 -slow_quick- ♂ (0 bytes) () 11/10/2017 postreply 19:55:47

• Correct me! -hhtt- ♂ (0 bytes) () 11/10/2017 postreply 20:52:20

• 假定你花100刀买本金100刀的5年债券，Coupon 2.0% 每半年付你1刀， yield就是2%。 -slow_quick- ♂ (498 bytes) () 11/11/2017 postreply 00:08:06

• I am correct and you are correct as well. -hhtt- ♂ (408 bytes) () 11/11/2017 postreply 08:28:15

• 赞一个，等你写了新的我再来评论 -slow_quick- ♂ (0 bytes) () 11/11/2017 postreply 18:23:56

• 联储行说过要涨息，现在投债卷等于是故意丢钱。 -柠檬椰子汁- ♂ (0 bytes) () 11/11/2017 postreply 05:27:54

• Agree! -hhtt- ♂ (0 bytes) () 11/11/2017 postreply 06:57:08

• 这个有些误导。许多人、机构需要债券过日子的 -slow_quick- ♂ (0 bytes) () 11/11/2017 postreply 18:25:45

• Agree as well, just like Chinese Government needs to buy US trea -hhtt- ♂ (0 bytes) () 11/11/2017 postreply 18:42:50