Because I just noticed that almost all ($37k) of one of DH's retirement accounts is sitting in cash. I have no idea why, or how long it's been like that. I'm in charge of investing it.
Post by definitelyO on Aug 28, 2012 15:21:08 GMT -5
easy fix!
I had a sum of money sitting in cash when I rolled from a 401K to an IRA. It helped though when the market crashed and it was still cash and I earned 1/2% interest...
I've done that before. It wasn't $37K, but it was a lot. I guess I transferred the money to Fidelity assuming it would automatically be invested in my Roth target fund, but instead it sat there in a cash account. Just hangin'. It took me awhile to figure out that I had to arrange for a second transfer out of the cash account to the target fund.