View Single Post
Re: 20% stock market plunge
Old 05-19-2007, 09:09 AM   #11
Recycles dryer sheets
 
Join Date: Jan 2006
Posts: 125
I would continue to dollar cost average in. As markets seem to be frothy (like right now), I skim some of the stock gains and move it to cash. I'm in mostly cash right now (preservation mode), but continue to buy stocks each week up to the maximum contribution amount in 401k and 403b accounts.

Dirty market timer? Maybe.

Able to deal with another 2000 bubble burst? No.

I'd rather gain 6% than lose 50% at this point.
__________________
I'm not lazy...it's just that the less I do, the better my work comes out. True quality can't be rushed.
kjpliny is offline   Reply With Quote