Posts Tagged ‘401 k’

Helping your money survive the current market

Wednesday, September 17th, 2008

Here is what one person I know is saying about investing in the current market:

I’ve moved the 401k to (about a month ago, after being more aggressive before hand and losing about 10% YTD):

45% Blue Chips (called disciplined equity)
50% Fixed Income
5% Intl Large Caps

Also a modest investment portfolio, not in an IRA, has a similar allocation.

My bigger problem is that I work for a mid-sized financial with a good deal of unvested stock. The stock is in the 21 range, down from 30 at the beginning of the year. This is my kids education, retirement, nest egg etc. so I’m concerned.

I know people at BSC, LEH, MER etc. have bigger concerns than I, and my heart goes out to them.

Cash, gold, shorts, and Berkshire Hathaway are also popular with people I know.