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<blockquote data-quote="beentheredonethat" data-source="post: 1130806" data-attributes="member: 4886">Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20Well, you were right today about a bump after a bad day.&nbsp;&nbsp; I do usually try to have at least 10% in cash so I can buy when there is an opportunity. Usually most of the money is spoken for with limit orders for stocks that I would like to get if it dips low enough (also, if I don&#039;t have a chance to watch the markets closely). I should try to look right around 3:45 to see what happened that day and see if it is a buying opportunity due to drops.&nbsp; Most of my 401K is in various mutual funds. I don&#039;t have the time available to do a lot of research.&nbsp; So I only do odd stocks like the RNO for fun.&nbsp; Most of the mutual funds are 4 or 5 star rated by Morningstar and I try to spread it out over multiple areas (Health Care, Intl, etc, etc).&nbsp; I do also have a real risky one that I only put about 6K in initially earlier this year and it&#039;s gone up 66% since that time. Again, very risky.. It&#039;s UJPSX&nbsp; it&#039;s from the Profund family and this fund concentrates on the stock index in Japan.&nbsp; Due to leveraging, if the market goes up 10%, this fund goes up 20%.&nbsp; Unfortunately, if the market goes down 10%, it goes down 20%.&nbsp; I&#039;m debating, do I play it safe and take my 66% profit that I got this year or do I double down and put more money in?</blockquote>

[QUOTE="beentheredonethat, post: 1130806, member: 4886"] [b]Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20[/b] Well, you were right today about a bump after a bad day. I do usually try to have at least 10% in cash so I can buy when there is an opportunity. Usually most of the money is spoken for with limit orders for stocks that I would like to get if it dips low enough (also, if I don't have a chance to watch the markets closely). I should try to look right around 3:45 to see what happened that day and see if it is a buying opportunity due to drops. Most of my 401K is in various mutual funds. I don't have the time available to do a lot of research. So I only do odd stocks like the RNO for fun. Most of the mutual funds are 4 or 5 star rated by Morningstar and I try to spread it out over multiple areas (Health Care, Intl, etc, etc). I do also have a real risky one that I only put about 6K in initially earlier this year and it's gone up 66% since that time. Again, very risky.. It's UJPSX it's from the Profund family and this fund concentrates on the stock index in Japan. Due to leveraging, if the market goes up 10%, this fund goes up 20%. Unfortunately, if the market goes down 10%, it goes down 20%. I'm debating, do I play it safe and take my 66% profit that I got this year or do I double down and put more money in? [/QUOTE]

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