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http://boards.fool.com/its-hard-to-answer-this-i-didnt-sell-anything-28984155.aspx
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| Subject: Re: Poll: Did your 401k recover from the 2008 de | Date: 12/27/2010 8:56 AM | |
| Author: ResNullius | Number: 67945 of 87979 | |
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It's hard to answer this. I didn't sell anything on the way down. As the market started to come go back up, I started selling some equity funds in favor of increasing my fixed/bond fund allocation. I kept this up each time the market recovered another 10% or so. At the start of the market drop, I was 70% equity. I'm now 69% fixed. Along the way I booked some cap loses on the sale of equity funds, and I have a carry forward cap loss of of around $130K. Until I stopped all working for income in June of this year, I had deposited some new money, plus seen gains in the bond funds. As I sit here today, I'm ahead of where I was at the market top, but just by a little, plus I have a $130K cap loss carry forward. I'm much more comfortable with my asset allocation now, since it's much more conservative. My bond fund holdings are at the short and intermediate end. |
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