Hubby and I talked about taking what we have left in our market portfolio out and putting it somewhere we can at least maintain our equity.
Any ideas?
Inflation-linked Treasury bonds (TIPS) for tax-deferred accounts and and municipal bond funds for taxable ones.
Never do anything based on emotion and never do a 100% switch to or from anything. What I suggest is selling small portions (e.g. 20%) on bounces, a little more on higher bounces. Redeploy some money into fixed investments and other money into liquid cash to buy back in when the market goes down. Sooner or later there will be another stock bubble and it will be good to have some investment in it. Personally I like tech (like Intel) and commodities (BP, CHK, etc). Also have some nursing home chains and other random stuff for diversity.