Re: deckem8 Allocation
Know when to hold em, know when to fold em. There are a lot of strategies out there and on this MB. What you decide to do depends on your circumstances. How old are you? How close to retirement? Other investments? IRA? Roth? Just a few things to consider. Buy & hold isn't necessarily the best strategy for everyone and can get you into just as much serious trouble as market timing that will take YEARS to recover from. Like the 2001 tech bubble. The market declined for another 17 months while people who got in at what they
thought was the bottom rode it down "buy and hold." S&P 500 is unchanged from where it was 8 years ago. The only people who made money on it were the buyers and SELLERS. So much for buy & hold. Best advice is to READ, educate yourself (most everyone here is self-taught), pay attention to indicators, technical analysis and ignore the talking heads in the media...unless the indicators and TA match up with what they are spinning. Even with all that, things happen...like BSC. Who knew they would broker a deal on a WEEKEND and spring it on Monday morning? All that said, I sat in I fund for a few years for an average 22% return before I started IFTs between I and G and increased my return to 24% last year. Through the years I've DCA'd a percentage of profits into G for safety and to lock in the profit. If I made 20% profit, the profit stayed put. I know - "put that profit to work for you." It's earning G pennies...not as much as it would in the equity funds, but I'm happy. Now on the sidelines waiting for an opportunity to get back in.
Birch, are you S, I, C, F, or a combination? I can never tell...it seems to change from thread to thread. I thought you were 100% I and holding until it hits $27.00 a share, then going to 100% C. The only thing that doesn't change is your buy and hold stance.
