this post was submitted on 26 Oct 2026
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[–] kescusay@lemmy.world 9 points 2 days ago (1 children)

I'm considering moving much of my 401K to the emerging markets equity fund. Not much exposure to AI there.

[–] NekoKoneko@lemmy.world 4 points 2 days ago (1 children)

Yes, but doesn't that create a taxable event?

[–] dhork@lemmy.world 21 points 2 days ago (1 children)

The whole idea of a 401k is that it's not taxable until you pull stuff out on retirement. You an trade in and out of stuff with no tax implications.

[–] NekoKoneko@lemmy.world 16 points 2 days ago

You may have taught me the most important, valuable thing of the last two years. Thanks...Oof.

I've been waiting for the bubble to pop and thought I was stuck and could only allot new contributions. I need to do some rebalancing tomorrow.