Quote:
Originally Posted by bimmerfrk
Ok so after today i put all my wife's and my 401k proceeds into a money market fund. This trajectory cant continue and a lot of economists feel that the economy is reaching if not already at full employment. I don't care if i miss another 2 - 5 percent in gains. I'm up 39 percent over the last 2 years and im sure there is a pull back coming. I'm protecting my profits. I will continue to contribute to my 401k but there is just no value at the moment. Its crazy how many times companies are trading their earnings
Thoughts?
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I did the exact same thing......I wasn't going to just stay in the game until the bubble pops. I put all my 401k in a money market fund.
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