The charts tell the story. The last Friday's big crash lasted as headline material for one day, and the end of life as we know it probably will come to pass, but it didn't happen last week. I stood pat and at 100% invested in stocks in my 401. Last week, and actually all of January were very good indeed. 5.71% gain for the month gives me about half of what I'd call a very respectable year right out of the box. I've regained what last weeks big down Friday took and a little more. The 32% plus up in 17 months since I've been actively managing my 401 continues to give me a cushion of confidence and something to protect at the same time. Maybe I'll get more loquacious about all and sundry in the next post. On the docket is why I'm in only four of six stock funds, why I'm in no bond funds, why I do this website in the first place, what protecting gains means, etc. But that's it for now cuz I'm busier than a long tailed cat in a rocking chair factory. Ya know, if you talk to me and we can set up a face to face rundown for a small group of whatfor and howcome and onaccountawhy interaction it'd be much more to my liking. Writing takes time and effort and talking doesn't. See ya at the hall.
Comments
Comments are not available for this entry.