Replies to post #81289 on Mohacsy's Safe Portfolio Member Forum

[dexprs]

I agree with you Court. I keep nibbling too, slowly. Want to have a little cash left when we actually hit the bottom. Just sitting here and reading Barron's, one of my favorite sources for over 25 years. Even just one idea a year makes it well worth reading. A few years ago it was BACPRL and WFCPRL, I held them ever since.
I think the safest idea now is cash. The biggest gambles with the best potential returns are Airlines, Cruise Lines and oil stocks. If one is comfortable taking a short cut home through a mine field the last is the place to be. With lots of research at least, it can be safer than that minefield at night with no flash light.

[cgavin5]

Court,

I'm going guns a blaze into my insurance annuity with a completely aggressive stance. Since I've been conservative for a while now and have all cash.

Also I'm going to reallocate my investments in my NYC Deferred Compensation plan funds: My IRA, ROTH IRA, and 457 plan accounts. I'll be moving money less aggressively into these accounts this week.

I've also sent along a request to stop moving $$$ from my Union Annuity ( A Fund ) into the 2.75% flexible 12 month CD set up last year. The annuity administrator will do a good job of moving funds around to add stocks at this point.

My stock portfolios will be utilized to day trade till I feel comfortable in the stocks that I purchase to then make them longer term holds. That's my plan. That's my strategy.