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Personal Finance and Investing

lastlib

(25,506 posts)

1. I have been moving my gains from the past decade into cash & short term....

Reply to mahatmakanejeeves (Original post)

Wed Dec 4, 2019, 07:30 PM

Dec 2019

Basically what I will have in equities exposure is equal to what my 401k "bottomed out" at in early 2009. If the market goes south, I won't be losing the $$ I gained in the recovery. I may lose a chunk of what I had left, but I'll be positioned to move back in when the markets turn back up, and thus magnify my gains. It may not be the wisest strategy, but I think being heavy in equities in the next year is too risky for a guy (theoretically) three years away from retirement.

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Opinion: Economists say a recession is coming: How can 401(k) investors prepare? [View all] mahatmakanejeeves Dec 2019 OP

I have been moving my gains from the past decade into cash & short term.... lastlib Dec 2019 #1

Given that the stock market is more than 4 times what it PoindexterOglethorpe Dec 2019 #3

I've been in equities since the low of 2009...... lastlib Dec 2019 #4

The end of 2021 is a year away. PoindexterOglethorpe Dec 2019 #2

I'm also foreclosing what could be significant losses... lastlib Dec 2019 #5

Late response here. PoindexterOglethorpe Jan 2020 #6