Sly Bald Guys Forum

Discussions About Being Bald => General Discussion => Topic started by: bonanza50 on February 06, 2008, 07:02:37 AM

Title: Friendly Sly Advice.
Post by: bonanza50 on February 06, 2008, 07:02:37 AM

First I want to say I have absolutely nothing to gain from this, just friendly advice. 

Back in December I noticed my 401K taking a beating. I moved it all to a safe harbor EUSBX bonds and have been pleased with its stability and modest growth in light of the recent market volatility.

I’m only giving this advice because some companies allow you to move your savings around, and why lose money if you don’t have to.

Title: Re: Friendly Sly Advice.
Post by: warhawk on February 06, 2008, 08:37:10 AM

bonanza...thanks 4 that info.  i might have 2 check on that. O0

WARHAWK O0

Title: Re: Friendly Sly Advice.
Post by: SLYinKC on February 06, 2008, 07:44:02 PM

I try not to time the market.  Usually doesn't work out.  My company uses a firm call "The Mutual Fund Store".  They monitor the investments for me and adjust based on their knowledge of the market.  They only get paid a small percentage of my investments value as a management fee.  They make more money, if I make more money.

However, if you don't have someone knowledgeable helping to manage your investments, now might be a time to move to some less risky investments.