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Sold 1/3 of my 401k mutual fund today

Sold 1/3 of my 401k mutual fund today# Stock

G*y2012-01-20 08:01

1 楼

Just transfered to cash fund. This is the first time I did something
delibrately. It was always buy-to-hold in last 6 years.
Is it a good move? We will see in next one or two weeks!
If market drops more than 5%, then I gonna buy mutual fund back.

B*n2012-01-20 08:01

2 楼

good move!
I pulled out some 401K as well.
Let Wall Street hold the market! haha

G*y2012-01-20 08:01

3 楼

Hope so!
Actually I only sold those funds that are back to the same level of one year
ago. There are still some international funds deep under water. Year 2011
is a bad year to me because I did nothing on my 401k.

【在 B*******n 的大作中提到】

: good move!
: I pulled out some 401K as well.
: Let Wall Street hold the market! haha

c*e2012-01-20 08:01

4 楼

But if the market takes a dive, one of the more likely causes will be a
weakening Europe/Euro, so why keep int'l funds?

year
2011

【在 G****y 的大作中提到】

: Hope so!
: Actually I only sold those funds that are back to the same level of one year
: ago. There are still some international funds deep under water. Year 2011
: is a bad year to me because I did nothing on my 401k.

G*y2012-01-20 08:01

5 楼

Because it is already underwater. Just leave it there until it comes back.

【在 c*****e 的大作中提到】

: But if the market takes a dive, one of the more likely causes will be a
: weakening Europe/Euro, so why keep int'l funds?
:
: year
: 2011