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To: Malsua
Just curious, why did you move into bonds?

Is it because it is viewed as a "safe haven" or you think we are getting closer to a full blown correction and everyone selling their stocks will also move into bonds. You are betting that the increased demand for bonds will drive up the price of bonds and plan to sell at the bottom of the correction?

16 posted on 03/13/2007 8:10:27 PM PDT by John123 (Dick Morris predicts Hitlery will be the worst president ever... I will now light myself on fire)
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To: John123

I moved 15% of my pathetic portfolio into guaranteed bonds. I don't think the world is coming to an end. I won't need my 401k for 20 years or so. I moved it because I believe that the Chinese adjustment is coming due. I think that when the chicom's bad paper hits completely, it's going to tank my 401k by about 10%. So I put 15% into guaranteed performing bonds and I'm sitting on a bunch of bad chinese paper.

Shrug.


18 posted on 03/13/2007 8:23:30 PM PDT by Malsua
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