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Started By
Message
re: Gold down $86
Posted on 6/20/13 at 8:40 am to PlanoPrivateer
Posted on 6/20/13 at 8:40 am to PlanoPrivateer
quote:
Where did up put the money?
I can do my best Russian impersonantion and say I went 100% into the US dollar, but I would be lying.
Went to cash until yesterday then put most of it back in to a few balanced funds I use. I know these funds have bonds too, but I figured this was a better place than cash. I also parked some of it in PBSMX.
2
Posted on 6/20/13 at 9:20 am to Janky
Talk about wealth transfer.....only a dumb person would be selling great companies with great dividend histories today.
That is financial darwinism, people taking losses while nothing has fundamentally changed in these companies from last week to today.
I bought 3 or 4 companies I loved at great great prices today
That is financial darwinism, people taking losses while nothing has fundamentally changed in these companies from last week to today.
I bought 3 or 4 companies I loved at great great prices today
Posted on 6/20/13 at 12:29 pm to Janky
quote:
Went to cash until yesterday then put most of it back in to a few balanced funds I use. I know these funds have bonds too, but I figured this was a better place than cash. I also parked some of it in PBSMX.
Thanks. PBSMX has a duration of 2.91. I will be reallocating among stock mutual funds and bond mutual funds at the end of the month. One of my funds is a stable value fund with a low duration. That's the one I've been moving money to play defense on my bond side.
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