Talk of The Villages Florida - View Single Post - If the S & P doesn't bounce back later today
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Old 03-03-2009, 04:44 PM
rshoffer rshoffer is offline
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Quote:
Originally Posted by billethkid View Post
then fasten your seat belts. We are not as close to the bottom as some were figuring.
First step was to diversify.
Second step diversify from a 70% equity position to 25%.
Third, move into fixed income and fixed rate bonds.
Fourth and next, pull the plug from the market....go to guaranteed savings money markets and cd's.....(could have done this a year ago except converted to cash and putting it in a shoe box would be ahead of the current position).

Yes there is change in the air....DO YA FEEL IT????

BTK
The sec of Treasury had a few words this afternoon, just before the bell.... that's all it took, DOW down again.

Here's a quote from an article in AMAC Advantage...it's time "we must accept living with the idea of lost opportunities"... we seniors got the shaft and ..."will not capitalize on the rebound of the stock market when it finally occurs".