America's #1 Balance Bike Destination

America's #1 Balance Bike Destination
America's #1 Balance Bike Destination

15 September 2008

DOWn!

Timing is everything. Just last week I was tinkering with my 401k allocations. I liquidated one position into my cash account, and left the other 9 alone, though I did change the ratio of future contributions, from being spread among ten funds, to being split evenly across only five. I wish I could have foretold today's melt-down! I would have liquidated everything! .. Hopefully those who manage my 401k funds know what they're doing, and took steps to mitigate the damage.

1 comment:

nhrider said...

Murat, think long term....this is only temporary. You are a relatively young man, so these losses today are nothing! Stay the course my friend.