Long-term Inactive Account:
Effective 8/03/06 (COB 8/02/07) this account will be:
35% C, 35% S and 30% I fund.
We will make a rare move in our long-term less active account. We are seeing some signs that the worst may be over as many of the smart money indicators are starting to flash intermediate-term buy signals.
Yeah, I can foresee this staying in this allocation through the end of the year. That's the nature of a buy and hold account.
But I'm with you. I can't sit by and let things play out. I have to get my hands dirty. Probably not good for my account, my sleep, or my sanity, but it's what I do. Maybe I just need another hobby.![]()
I told an economist I work with that I time the market as a hobby. He said I would be better off switching to a buy and hold account and taking up a new hobby like taking a small to medium bag of currency each month and feeding the bills into the barbecue on my deck instead of timing the market.
|
S&P 500 (C fund) 1d 5d 3m 6m 1y 2y | Dow Completion (S fund)
| EFA (I fund) 1d 5d 3m 6m 1y 2y | Bonds (F fund)
|
Bookmarks