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My answer doesn't fit into your poll. The answer is that if you have more than 5 years of time to leave the money then leave most of it in the market.
It really depends on how old you are and whether you will need access to that money in the next 5 years. If you do, then the money probably shouldn't be in the market anyhow. If you are <50 then a short term market correction will not significantly affect your returns long term.
Also agree with Wayne about diversifying outside the US. I have some positions in far eastern stock mutual funds that have done very nicely. Think of areas in the world that are undergoing major economic changes and stash some money there. Mutual funds are the best way to go for this (IMHO) because you can get burned in emerging markets when you choose individual companies. Better to leave it to someone who knows the area, know the markets and can actually visit these companies.
I think my next move will be finding a mutual fund that invests in Indian/Pakistani companies...
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Rick
1984 911 coupe
Last edited by Nathans_Dad; 04-02-2007 at 03:55 PM..
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