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re: 2 year inverted yield curve

Posted on 4/22/24 at 12:35 pm to
Posted by baobabtiger
Member since May 2009
4728 posts
Posted on 4/22/24 at 12:35 pm to
quote:

I'm racking my brains over this. I'm 39. Tempted to put all future 403b/401k contributions for my wife and I into money market/cash starting this week with the anticipation of a hard recession similar to 2007-2009. I would not touch all current investments. Reassess 14-18 months out? Wise or foolish?


I was 27 when 2008 hit. My 401 cut 50 percent in a few months. I always said that I should have seen it coming. But that’s always easy after you know the result. In reality virtually nobody times it right.

However, as 2008-2012 played out I upped my percentage to the highest I could afford and I bought discounted funds for years.

Also I put 5 percent in a govt bond fund that I used to jump into the market for buying on abnormally large stock falls. I’ve used it once and put a pretty large amount in the market in mid April of the Covid year. I invested in Tesla, Exxon, delta, and carnival. After a year and a piece I sold and put it back in the govt bond fund. I’m ready to pounce again while gaining a small amount of interest with the money that’s in that side fund.
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