Let's not discuss right and wrong, jut what to do if I think I'm right.
1) Retirement saving in MMA. (Rolled from stocks last winter.)
2) Personal savings half stocks, half MMA. I basically switched additional savings from stocks to MMA 18 months ago or so.
1) A recently-purchased house with a 20 year, 2.75% note. 80% borrowed, the rest paid cash.
2) No cc or car loan. I'm an MT Baller
Last winter, I wanted to be less in stocks because it felt like 2008 all over again. Well in 2008, the stock market started its turnaround in Jan of 2009. I see 3 options:
1) Roll retirement savings back to stocks over the next 3 months. Personal savings in MMA to stocks over the same period.
2) Leave retirement in MMA, use savings in MMA to pay down house, even though it's on 2.75%. That's an ungodly low rate, but the MMA is paying less.
3) A combination of the 2 above.
4) Something else.
My rainy day fund is plenty sufficient. What is your advice?