This week has been the pits for us long-term investors. I have a big chuck in a 401K and the options are not pretty for moving it around… in fact they have it set up so you can’t move it much… if you move into safe investments you can’t move it out for 4 weeks… now that would have worked fine for this summer, if you had known when it started to make the move but my luck would be to move it to safe and the market bumps 5%… which it nearly did than when able, move it back to a reasonable yet safe combination only to see it slump this week. Mostly I try not to re-evaluate my 401K much more than quarterly…
“And Now the Rest of the Story – “Financially and Market wise – This week sucks