donheff
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
As mentioned above, I moved $100K into a total stock index on 8/24 (missing the bottom - or more accurately, most recent bottom - by a few points). My intention was to exit when the stock rebounded although when a rebound is enough is hard to guess. Yesterday I realized I could get out with a little better than 5% gain and escape the (temporary) calamity if the Fed decided to raise rates after all. I ended up exchanging $50K yesterday and let the rest ride. Today, after a brief market bump up following the Fed announcement I decided to get rid of the other $50K. The exchange went through at the close a little lower than yesterday's. What the heck, that $100 K was gambling outside my AA and locking in $5K in gains pays for DW's next biking trip (Normandy in June). I could just as easily have lost so I would recommend playing like this with no more than you are comfortable trashing.