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crashin'

johnNjohnN
edited September 2011 in Off-Topic
look like everything crashin' down today.
how much cash do you folks have in your portfolio and how much is the PREFERRED cash % holding?
mine ~ 10s% cash

stocks are cheap
http://finance.yahoo.com/blogs/daily-ticker/jeremy-siegel-stocks-cheap-getting-cheaper-143255489.html

thanks

Comments

  • scott
    Banks also being sued by the Gov.

    http://www.zerohedge.com/news/two-down-many-more-go

    Nothing in cash.
  • catch22catch22
    This house's preferred cash position is zero, but we do have 8% that should be out of the house, having an investment "job", and mak'in some money.
    Somewhere in the below list is where our cash is usually parked.

    FTBFX Fid Total
    PTTRX Pimco Total

    ---Investment Grade Bonds
    APOIX Amer. Cent. TIPS Bond
    DGCIX Delaware Corp. Bd
    FBNDX Fid Invest Grade
    FINPX Fidelity TIPS Bond
    OPBYX Oppenheimer Core Bond

    ---Global/Diversified Bonds

    FSICX Fid Strategic Income
    FNMIX Fid New Markets
    DPFFX Delaware Diversified
    TEGBX Templeton Global (load waived)
    LSBDX Loomis Sayles
  • hank
    edited September 2011
    S&Ps off 5.4% YTD. Dow lost 253 points, just over 2%, Friday. Maybe more like a burp than a crash. That day couple years back she dropped 777. That might a been a crash. Not sure what we got in cash with all our balanced funds and the like. Trouble is aint earning anything. Ya can lock her up in govt paper for 10 years now and not earn 2% a year. And thats before taxes. How ya gonna get rich doin that? Agree with your other post John. These definitely challenging times.
  • scott
    Reply to @hank: "How ya gonna get rich doin that?" It's not even that as much as how do you keep up with inflation. Investing in a negative real rate environment.
  • hank
    edited September 2011
    space reserved
  • hank
    Reply to @scott: Yep. I considered putting it that way too. (-: The puzzling thing to me is that inflation seems to be picking up in many areas and is being signaled by the price of gold, yet high quality bonds, a deflation hedge, keep rising as well.
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