11-02-2012 10:35 AM
11-02-2012 11:28 AM
lightening equity positions in retirement accounts today....the experts would say I am overweight in equities for my age.....will sit in cash for a bit and am content if I am wrong and we take off to the upside......as a person gets older, the thrill of the game is not the same as in the younger days......certainty and security take precedence over the home run/strike out mentality....at least it is for me....
11-02-2012 12:33 PM
so paper is where the $$ is flowing into today - so we got 11 more in ESz before selling on factory orders???. precious metals are losing their luster. heavy betting on helicopter...???
11-04-2012 06:49 AM
I have a retirement three year CD that just came due, and I put it in a savings account, waiting for the time to re-enter the equity markets....which I am looking for a DJ index mark of 10,000 or under...a 30% retreat. November, post election, should see a sell off regardless of which joker gets elected...the jokes just are not going to be very funny for quite some time.
11-04-2012 07:23 AM
I spent a couple of hours re-calculating retirement account splits.....in the end, after the change, I was still only 12% in cash, 60% in equities and 28% in bonds/fixed income....we'll see how I feel about things come Wednesday morning!
11-04-2012 08:05 AM
11-04-2012 09:29 AM
wife works for 3m......although the choices within the 401k are limited, both of our plans offer a "brokerage option" which allows you to stay in the 401k but move money to either schwab (hers) or vanguard (mine) and choose from a vast array of broader choices....in hers, you still have to use etf's or mutual funds, but mine includes those plus individual stocks......