I moved all of my 401k into 100% bonds allocation during the summer of 2008, so luckily I avoided the 30% drop and only got hit with the 20% initial drop on my stocks allocation. I have actually gained 3.6% since moving to 100% bonds allocation. That's beating the current market quite well!!! ;-)
1 comments:
good call man. i moved $40k of savings into CDs and high interest savings, but the rest of my money went down by at least 40%. ouch.
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