Discussions

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?

Reply

User Comments

  1. Svelmoe
    Have bought more stocks due to the low prices. Unfortunately I didn't have that much money to begin with, but if having free capital, it is a buyers market at the moment
  2. csiunatc
    I was lucky to move most of my stocks into more solid investments at the beginning of this mess. So far i'm actually doing ok.
  3. harveyavatar
    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.
  4. roymerr
    Took all my money out. I guess I am one of the reasons things are going south.

Add Your Comment

Login to leave a message.