U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 02-03-2009, 04:08 PM
 
3,650 posts, read 8,585,022 times
Reputation: 2776

Advertisements

What kind of changes are people making to their strategies? Just wondering. I for one have a healthy chunk of change in cash reserves earning a whopping 2%....which, paltry as it is, is beating the hell out of most of my mutual funds that make up most of my account(s). I'm letting it sit for now.
Rate this post positively Reply With Quote Quick reply to this message

 
Old 02-04-2009, 08:38 AM
 
Location: Forests of Maine
32,516 posts, read 52,952,756 times
Reputation: 22346
No changes here.

Everything is growing as it has been for years.

I made a serious cut into my portfolio when I cashed out most assets and bought a farm to retire on. But my remaining portfolio is growing back again.

Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-04-2009, 09:32 AM
 
28,461 posts, read 76,326,507 times
Reputation: 18536
I would guess that by "growing as it has been for years" f.b. is talking mostly about the FARM
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-04-2009, 09:35 AM
 
Location: US
1,189 posts, read 3,729,978 times
Reputation: 826
I have two accounts and they're both 100% equities foreign and domestic.

Let it ride, baby! I barely had any money in them anyways so I'm pretty apathetic. It might not be the right move, but right now I'm not sure that anyone knows what is the right move.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-04-2009, 10:04 AM
 
Location: Forests of Maine
32,516 posts, read 52,952,756 times
Reputation: 22346
Quote:
Originally Posted by chet everett View Post
I would guess that by "growing as it has been for years" f.b. is talking mostly about the FARM
???

No, not really.

I see possible humor in the phrases: 'growing' and 'farm'. but no, I had not thought of it in that manner.

I guess that you thought I was using a metaphor. My apology, as I did not intend to make such a metaphor there.

I will try once again:
Our investment portfolio took a beating when I cashed out a bunch [Which I used to buy a farm].

As a pensioner, I no longer earn a high enough income to support my family in the urban environment where we had been living. So we moved out rural. Where our cost-of-living is much lower.

After having taken out much of the cash from my portfolio, it is now growing once again.

My pension is fine.
Our investment portfolio continues to grow.
Our new farm is approaching self-sustainability.

We have not seen any hiccups in our investments yet.

Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-04-2009, 10:53 AM
 
3,627 posts, read 13,528,088 times
Reputation: 2724
My 401k and 403b investments have taken a hit.
I retire in 14 years.

Plans to meet with a certified financial planner and discuss strategies - right now I am 100% in diversified stock mutual funds and was already planning about having some of it moved to more stable investments before the stock market plummeted - but pulling into cash now would not be a good move - may have been in September ..

Oh, I never stopped making contributions ...........
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-04-2009, 11:47 AM
 
Location: Where the sun likes to shine!!
20,545 posts, read 27,763,032 times
Reputation: 88791
Playing it safe for now. We have time. Things will "eventually" get better but not for awhile. Just waiting for interest rates to spike.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-04-2009, 12:00 PM
 
3,650 posts, read 8,585,022 times
Reputation: 2776
Define "stable investments"
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-04-2009, 12:17 PM
 
Location: Charlotte, NC
2,193 posts, read 4,690,418 times
Reputation: 1075
I moved out of stocks back in Sept. My money in my retirement plan are mostly in cash/MMFs. I don't plan on moving back into stocks for awhile.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-04-2009, 01:49 PM
 
Location: Kansas City, MO
5,763 posts, read 10,155,945 times
Reputation: 2821
I'm young and my portfolios are aggressive as possible as usual. The only moves I have made is moving into some funds that have lost more than others. I just see that has an opportunity to see higher returns when things start to turn around.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics

All times are GMT -6.

© 2005-2021, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top