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Have you changed your investments b/c of the economy?
Posted by calais50 • 2/04/09 • Subscribe to this Discussion [RSS] • Report This Topic
Topics: Economy
My 401k lost 20% of its value last quarter. Yikes!
Have you made any changes to your investments as a result of the bad economy?
User Comments
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Chances are there will be another leg down to the stock market (60/40). However, I wouldn't necessarily be short at this stage. Just have some cash to deploy into commodities or commodities based stocks. With the coming inflation, money market and bond funds should rapidly lose value, 3 to 6 months out. That's the way I see it, at this stage.
Disclaimer: with the policy of quantitative easing, it could take longer for bonds to lose value.
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