Retirment funds

Discussion in 'Money Talk$' started by SaggyWoman, Nov 8, 2009.

  1. SaggyWoman

    SaggyWoman
    Expand Collapse
    Administrator
    Administrator

    Joined:
    Dec 15, 2000
    Messages:
    17,933
    Likes Received:
    8
    Since the economic downturn and now upswing, did you change any of the placements of your retirement dollars? If so, how? If not, why?
     
    #1 SaggyWoman, Nov 8, 2009
    Last edited by a moderator: Nov 8, 2009
  2. StefanM

    StefanM
    Expand Collapse
    Well-Known Member

    Joined:
    Jul 4, 2004
    Messages:
    6,429
    Likes Received:
    72
    I put all of my 401(k) into an aggressive model. Then again, I'm young, so I can afford the risk.
     
  3. billwald

    billwald
    Expand Collapse
    Banned

    Joined:
    Jun 28, 2000
    Messages:
    11,414
    Likes Received:
    0
    Don't think one could go wrong shorting the dollar or the Mexican peso. That's a guess. I'm retired and on a govt pension. My long term is getting quite short.
     
  4. TomVols

    TomVols
    Expand Collapse
    Administrator
    Administrator

    Joined:
    Oct 30, 2000
    Messages:
    11,170
    Likes Received:
    0
    I've been buying solid bluechips and growth funds like they're going out of style. I'm as aggressive as they come. I do have some bond funds to even out my riskier international stocks/funds, but I'm well over 85% in equities.
     
  5. Johnv

    Johnv
    Expand Collapse
    New Member

    Joined:
    Oct 24, 2001
    Messages:
    21,321
    Likes Received:
    0
    Yes, I INCREASED my contributions. This is a GREAT time to buy. Prices will probably never be this low again!!
     
  6. saturneptune

    saturneptune
    Expand Collapse
    Banned

    Joined:
    Jan 16, 2006
    Messages:
    13,977
    Likes Received:
    0
    I am running contrary to everyone here. My 401K is with the federal government called the TSP. I was heavily in the market until late 07 when I moved to 100% government treasuries, and have been there since. It pays between 3.5 and 4%. I retired last Friday, and plan to keep it there until the market is growing because of private business, not a artifical, government induced rally.
     
  7. ReformedBaptist

    ReformedBaptist
    Expand Collapse
    Well-Known Member

    Joined:
    Aug 7, 2007
    Messages:
    4,894
    Likes Received:
    27
    You need to diversify. lol

    I made no changes to my 401k. It is conservatively allocated with 50% S&P index, 25% bond funds, and the rest with some small cap growth and international.

    I went down about 40% or so. Last I looked I was down about 12%.

    Going forward my changes deal more with a higher allocation to commodities than with stocks, bonds, or cash. I am doing this because I believe we are in for a whopper of an inflationary period.
     
  8. TomVols

    TomVols
    Expand Collapse
    Administrator
    Administrator

    Joined:
    Oct 30, 2000
    Messages:
    11,170
    Likes Received:
    0
    You should've been more conservative well before 2007. Now that you're in retirement, trying to grow your money instead of guarding your money will only produce a catastrophe. You can find conservative investments that would give you better ROI than 3.5%. Annuities beat that. Some bond funds would, too.
    Commodities are far too volatile for my liking for my retirement dollars.
     
  9. Salty

    Salty
    Expand Collapse
    20,000 Posts Club
    Moderator

    Joined:
    Apr 8, 2003
    Messages:
    22,129
    Likes Received:
    221
    My plan is to ask for donations from members of the BB

    my account number is 666-666666-66 :tongue3: :smilewinkgrin:
     

Share This Page

Loading...