Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
if the economy tanks like more and more economists are saying, then, just like in 2008, I’m going to lose. I don’t have any confidence in this economy.

If you are truly concerned, most 401k plans have guaranteed income or fixed income funds that can be chosen to protect you from cash losses. With interest rates so low, most are not very attractive except for defensive positions.

I doubt that any adviser could do much better than that--unless you expect one to keep your funds in equities and then switch at just the right moment to defensive investments. That could be a tall order.

I think most doomsday sayers overstate the case. But to each his own.
Print the post  


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.