Metals. Brass and lead are looking like increasingly good choices. They allow direct food collection.
What good does it do to rebalance before trading? Shouldn’t it have been rebalanced before 4 pm last Friday? I’m just asking, ‘cause I’d like to know, too.
Can you even make changes outside of trading hours? Or will the changed be made at the end of business today and you might get killed based on today’s market?
My portfolio is 50% stock, 20% Gold, 20% Bonds and 10% cash. I think I will reduce the stock another 10% and put it in bonds. Greenspan said the US Govt will never default T-bills since they can always print money. /sarc.
Our broker recommended pulling out of all stocks until this blows over...fortunately we did this two weeks ago.
With the levels of market manipulation, corruption and chaos in the system, you are better off investing in lottery tickets.
Personally, I think that this is either TEOTWAWKI (low chance) or a deliberate market manipulation to force a QE3 and tax hikes. In either case, money out of the system is money kept. In the event of the first, you can invest in barter items, in the event of the latter, you have cash to buy in when QE3 artificially inflates stock prices.
Wash, rinse, repeat.
It depends. How long do you have until retirement? If a long time (10+ years), you should be in US stocks, emerging market stocks, real estate and hi yield bonds. (Some gold or gold stocks a good thing.) Buying opportunities in the weeks to come. If less than 10 yrs, a much more heavily skew toward bonds is advisable, depending on your total assets.
What’s the point of running around blindly now (or at any time, for that matter)? My plan is to do nothing. If you have money you don’t mind losing, today would probably be a great time for that to happen.
fixed rate or money market- THANKFULLY i moved a huge amount of my 401K money into the fixed rate thursday- suffered through the drop but i just had a bad feeling...
I’m not sure at the moment if it makes a heck of a difference one way or the other. Right now unless you are 100% in gold and plan to sell before gold goes down, whenever that will be, you should be able to track all the negative numbers you will be dealing in.
Frankly, if you were all in cash, the loss due to inflation would be less than the market loss. Since 2008 the effing black crook in the white house has cost me a bundle on paper. I’m not sure I will survive another four years of Mr marxist, financially or otherwise. He has the advantage, he’s a lot younger.
Dennis Miller helps with: “...terminology of the marketplace, a bear market is one where I look at the personal portfolio that I have and I immediately run out into the woods and $#!^ myself.”
Check out Matthews India Fund and Matthews China Fund. Also, energy stocks and funds have been beat down lately.
Dennis Miller helps with: “...terminology of the marketplace, a bear market is one where I look at the personal portfolio that I have and I immediately run out into the woods and $#!^ myself.”
Buy your 401k some flowers and chocolates.
Admit you were wrong, say you’ll try harder...
Incidentally I began pulling my money out of the market at the beginning of the debt ceiling debate and was pretty much all cash by the vote and I'll be doing what I advised you from here on out...
Stuart Varney on FoxNews says the Market will open down about 250 points this morning.
You could put in a sell order for stocks before the market opens, but your sell price will be at the close of today's trading, which could be another bloodbath.
If you're long term (5+ years,) leave it alone.
I transferred everything to money market in early May. I should be all right unless the dollar crashes.
The only downside is that it takes 90 days to get the funds back into the market...but at least it's relatively safe while the market figures out what it's going to do.