(Topic ID: 232111)

How are you handling the stock market

By GPS

5 years ago


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  • 63 posts
  • 49 Pinsiders participating
  • Latest reply 5 years ago by SirScott
  • Topic is favorited by 1 Pinsider

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    #22 5 years ago

    Interesting, first I'm retirement age and could collect social security but haven't. So I have balanced mix as it is including at least 10% in cash.
    I plan to keep working until I can't. So here's what I did last two months, I bought a DI.
    I took some of the cash and bought laddered CD's and bought another CD for a larger amount. I have trimmed small positions mostly in energy/oil.
    I reallocated about 4% of International into either Fidelity Puritan fund and higher rated domestic stock funds. i.e Blue Chip Growth.

    All in all I don't own any individual stocks, only no load funds and indexed funds. Yes this is painful but I guess you take the good with the bad.

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