[zcaveman]

I told my financial adviser to move all of my monies into the fixed accounts for each program and I would redistribute it when the smoke cleared. He convinced me that we should hold off a few days. I lost another $5000 since then.

All I want to do is protect my current value. When the market starts to come back I will redistribute the funds.

I did not do this the last time and went down about $60,000 before it started to come back. I do not need the aggravation.

I do not think that the market is going to come back for a while. Too many offshoot failures to recover from.

I call my FA again tomorrow and tell him to move it.

The good news is that I have total control over my other retirement accounts and was able to move it with no complaints from the computer and saved about $5000.

BTW: I am not talking about millions of dollars.