Skip to main content
No. of Recommendations: 0
I am thinking about moving my money into a bond fund until
after the new year. My concern is that the market does not
typically deal well with change (ie new millenium). I expect that
people will begin to withdraw their money for safety reasons
and cause a general decline in the market if not a full crash.


Ask me or anyone in a year and we can tell you what to do.

My original position would be to do nothing. I am starting to change my mind for two reasons. Earnings of companies could be hurt do to problems with the conversion or legal costs. Everybody else may think there is a problem and sell. Either will drive price down. Then I could buy back in (if I had the nerve) at the low.

I think I will end up doing nothing or maybe trying to build up a little cash to add to my investments in 2000.

Remember, you will pay a capital gain tax if you sell and trying to time the market is hard. How do you deceide when to get back in?
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.