- #1
rhody
Gold Member
- 681
- 3
I just took my balance in my 401K program out of all stocks, bonds, and corporate stock funds and put the into FIXED. I never thought I would see this day happen, but what I see (not happening) in Washington in addressing the debt limit gives me cause for concern.
IMHO, it is better to have my shares converted to cash and invested into a fixed income fund, than to risk another major nosedive (this time with no rebound on the other end) like we had a few years ago. Someone else who I know and respect did the same thing yesterday. Are any of you making similar moves with your retirement funds, or doing other things to protect your investments ?
Rhody... :uhh:
IMHO, it is better to have my shares converted to cash and invested into a fixed income fund, than to risk another major nosedive (this time with no rebound on the other end) like we had a few years ago. Someone else who I know and respect did the same thing yesterday. Are any of you making similar moves with your retirement funds, or doing other things to protect your investments ?
Rhody... :uhh:
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