Hold or Fold? Which did you do? (financial advisor, 401k, advisor) - Retirement -Social Security, age, moving, relocation, finance, savings, early, hobbies, nursing homes - City-Data Forum

TuborgP · 08-09-2011, 03:23 PM

In the recent market carnage did you hold and maintain your portfolio as designed or did you fold and rush to safety?

Hold here!

mathjak107 · 08-09-2011, 03:34 PM

stuck to the plan just as i always have.

if anything im kicking myself for not doing a little speculating in bac yesterday.

oddstray · 08-09-2011, 04:01 PM

Our financial advisor recommend we go a bit more conservatively than we already were. We followed his advice.

HappyTexan · 08-09-2011, 04:04 PM

My 401K is conservative.

My trading account though..I held.
I recovered 60% though today with the upswing.

AcaciaRose · 08-09-2011, 04:14 PM

I bought more shares of a Vanguard fund to maintain my asset allocation.

TuborgP · 08-09-2011, 05:35 PM

Quote:

Originally Posted by mathjak107

stuck to the plan just as i always have.

if anything im kicking myself for not doing a little speculating in bac yesterday.

Yup!

TuborgP · 08-09-2011, 05:36 PM

Quote:

Originally Posted by AcaciaRose

I bought more shares of a Vanguard fund to maintain my asset allocation.

Yeah that was frequent given advice since your equity ratio was down.

Dollydo · 08-09-2011, 05:53 PM

Hold.

Pilgrim21784 · 08-09-2011, 06:05 PM

No changes, but it was tempting to speculate late yesterday. DW bought aggressively.

Bette · 08-09-2011, 08:03 PM

Hold

Yes, BAC was tempting.