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stkjunky

09/23/13 10:56 AM

#122459 RE: Qui-Gon Kagi #122457

Qui, we have every right to be afraid of this fed/govt situation. The fed has a situation that is out of control, mostly due to congress/senate/pres. actions, and inactions going back many years.
What you said is spot on.
I put most of my money into real estate in 2009. Sold a place at breakeven and upgraded. Got lucky with getting out at breakeven. So at the moment I'm ok. I pulled about 70% of my money from the markets near the end of 2009 and opted for the super depressed real estate.
I am 66 years old, so can no longer afford to have so much cash in the markets.
I now have about 10K in the stock market. And 35% of that is in cash right now. I am very heavy in the pennies and spread thin for diversification because the pennies are more somewhat isolated from the dow, s&p big board issues. Another crash should be easier on the pennies than the big boards.
I will trade you tickers when you are ready. Just let me know. I never refuse to look at stuff, particularly micro caps.