Recession? Time to go to the sidelines?

Discussion in 'The Back Room' started by Terry O'Keefe, Dec 26, 2007.

  1. Terry O'Keefe

    Terry O'Keefe Well-Known Member Administrator

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    I hope he's wrong...
    Link to whole article
     
    Terry O'Keefe, Dec 26, 2007
    #1
  2. George Krebs

    George Krebs Well-Known Member

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    I've converted everything to cash months ago except one well performing healthcare mutual fund and two losing stock holdings that I'm saving for tax purposes.
     
    George Krebs, Dec 27, 2007
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  3. jif5

    jif5 Well-Known Member

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    George..60% equities and 40% cash and forget about it :!:
     
    jif5, Dec 27, 2007
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  4. Stu Ryckman

    Stu Ryckman Well-Known Member

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    Stating the obvious: a moratorium on stock and bond purchases is not the same as converting everything to cash.
     
    Stu Ryckman, Dec 27, 2007
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  5. Terry O'Keefe

    Terry O'Keefe Well-Known Member Administrator

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    Good point Stu, he didn't say he sold off everything, just not buying right now.
     
    Terry O'Keefe, Dec 27, 2007
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  6. JO'Co

    JO'Co Well-Known Member

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    The deteriorating situation in Pakistan may even hurt the booming Asian markets as well. This doesn't look good...
     
    JO'Co, Dec 27, 2007
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  7. BuckeyeT

    BuckeyeT Well-Known Member

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    Jiffy!

    Well done.....I knew you'd come around! 40% cash is a little conservative for my tastes in non-equity holdings, but you've made remarkable progress! Outstanding....keep up the good work.

    :D
     
    BuckeyeT, Dec 27, 2007
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  8. jif5

    jif5 Well-Known Member

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    what a difference a day can make....this is bad
     
    jif5, Dec 27, 2007
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  9. jif5

    jif5 Well-Known Member

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    Big T From OHIO STATE! LOLOL! 40% considering my advanced age?
     
    jif5, Dec 27, 2007
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  10. BuckeyeT

    BuckeyeT Well-Known Member

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    40% cash....yes. 40% fixed income including something other than cash, that would provide greater yield, not necessarily. Do tell....give me more information.
     
    BuckeyeT, Dec 27, 2007
    #10