My 401k is currently invested in a predefined 'aggressive' portfolio option with a 95/5 stocks/bonds split. I've been wanting to bring it down to the next portfolio tier which is 75/25. I've been hoping that I could make the change at a time when stocks are up, and I was getting ready to move on it and then the recent drop happened.
Make the switch or hold for a while? Am I timing the market (which I know I should not try to do)? Last I checked before the latest dip, my account was in the neighborhood of 230k.
Thanks!