You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #10: Now is not the time, unless you have no other options available. [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Topic Forums » Economy Donate to DU
westerebus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:01 PM
Response to Original message
10. Now is not the time, unless you have no other options available.
If you were going to be in bond funds, high yield corporate or medium term international, that move would have been done already.

I don't time markets. I pick a point to take profits or sell and re-balance or look at other places that interest me.

I watch to see where trends are going. I watch main street closely. I don't play in markets I don't feel comfortable in.

At this point, if someone rode the crest of the wave, welcome to the beach. And yes that's going to leave a mark.

Sometimes a plain vanilla balanced fund makes the most sense.

How much debt you have should be a big factor too.

Being out of debt is a major return in itself.

At this point, return, yield, are by-product. Preserve your base capital. Do what you need to do.

As Heretic says: Be very careful taking financial advice from a blog.




Printer Friendly | Permalink | Reply | Top
 

Home » Discuss » Topic Forums » Economy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC