I moved our Vanguard stock and bond funds into money market funds almost three weeks ago. Leading up to today, the decision saved us about $52K on out taxable investments. With today’s drop, I expect the “savings” to exceed $60K. Ouch!
Wnet to Fidelity MM a few weeks ago too...
time to batten down the hatch!
I wish you had whispered advice in my ear back then. We’re way down but I’m counting on it going lower since we just transferred them today.
I did same thing.. As soon as the Lehman Bros news hit and the Paulson bailout plan was announced I moved everything in my 401k out of stocks and into money market fund.
You did the right thing three weeks ago! Congratulations!