Potential Sell Signal
I spent part of the morning moving money in our IRAs from the Schwab money market fund (which earns a fat 0.38%) to some index funds that mimic the S&P 500 and the Russell 2000. I've been sitting on my hands the past couple of years waiting for the perfect moment to get back in, but I could end up waiting forever with that strategy.
No more picking stocks for me or messing with the high risk stuff. I did OK in the boom years and got out of some things in time, but not everything. It was fun when they were going up, but it's a lot less fun when they go down.
I spent part of the morning moving money in our IRAs from the Schwab money market fund (which earns a fat 0.38%) to some index funds that mimic the S&P 500 and the Russell 2000. I've been sitting on my hands the past couple of years waiting for the perfect moment to get back in, but I could end up waiting forever with that strategy.
No more picking stocks for me or messing with the high risk stuff. I did OK in the boom years and got out of some things in time, but not everything. It was fun when they were going up, but it's a lot less fun when they go down.
