New member, I fund advice

[PatrickCarter]

I previously had 70% in the I fund, I adjusted my allotments but I curious if I should do a fund transfer moving most of my funds out of the I or just let it sit for a while?

Thanks
Patrick

 

[nnuut]

We very seldom give recommendations because you never know whats going to happen in the future. Read, check the Auto Tracker and Members Account threads and you may get some ideas. Welcome to the Board and best of luck.
Norman

 

[EmoDx]

I previously had 70% in the I fund, I adjusted my allotments but I curious if I should do a fund transfer moving most of my funds out of the I or just let it sit for a while?

Thanks
Patrick

I hope you have a rock solid gut. I have a 0% allocation in the I.

I am lukewarm about the everything outside of Europe in the I fund. I am going to give the I fund a good look once the Euro bottoms and finds its new range. At that point, if everything outside of Europe looks lukewarm or better I am in for the long anywhere from 10% - 20%.

-E

 

[PatrickCarter]

I just changed my allotment today to 80% in the G and 20% in the S. What I'm curious about is if I should do a fund transfer as well, as in move the funds from the I at this low point or move some of it over to the S, C or G. I hate to sell off everything I have in there and have it turn around big time.

P

 

[JimmyJoe]

That's an age old problem p. We get out but have no more marbles to play with. Also, consider that you may have to use up an ift the first of the month if you do get out. However, this market has gotten befudeling. You don't want to use up a June ift to go to the G fund. But you might consider it in this market. By the way, welcome. I've been on board for 3 months and it's been quite and education. Good luck. Oh and remember that you can go into the G fund incrementally. That could help you. Oh and I'd consider that you keep personal stops. Don't fall in love with your losses.

 

[EmoDx]

That's an age old problem p. We get out but have no more marbles to play with. Also, consider that you may have to use up an ift the first of the month if you do get out. However, this market has gotten befudeling. You don't want to use up a June ift to go to the G fund. But you might consider it in this market. By the way, welcome. I've been on board for 3 months and it's been quite and education. Good luck. Oh and remember that you can go into the G fund incrementally. That could help you. Oh and I'd consider that you keep personal stops. Don't fall in love with your losses.

Analysis of the market and where you need to be in the next 5 years is key here. In my humble opinion, if you are going to be heavy in I, you need to have a very long time frame in mind. It may take 3-5 years if you continue to allocate through the gyrations to come out ahead enough to be worth it.

Sure, you hear people say don't try and time the market. And other say stick to a plan and dollar cost average through the ups and downs. I say humbug to dollar cost averaging if every signal says run from the I fund.

The advice that you can always go to G is good advice. It is your ripcord in a market free-fall. Ultimately, if the market goes up another %15 before the market dives %50, is it worth taking the chance? Remember you could easily be down too. My stance is to take smaller known gains and lock them in and not risk the big down side. I would rather lag the market gains by %15 if it means not losing any money when the market is down %15.

Best of luck!

-E