 Quote:
Originally Posted by Meadbh
No, I wouldn't.
Here's what my advisors have said:
Cover your short-term needs.
Have faith in your long-term financial plan.
Keep your head.
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My investment advisor, who manages my family trust, has said basically the same thing. We are 56% in asset funds. We have enough cash assets in the trust to cover 7-8 years of my expenses.
I sold 25% of my personal assets this summer and in Sept ( to tax harvest losses and also because I am a nervous newb not on advice from my advisor) So I have some cash to invest now. I put back in 10% into Vanguard Total Stock Index today and will see what happens in the future. I plan to dollar cost average but if we go down into the 7000's I will invest more.
I am actually really agog at this experience.  I feel kind of guilty at how fascinated I am because I know that everyone, including moi, is suffering some really serious losses.
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