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UPS Retirement Topics
UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 2012
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<blockquote data-quote="beentheredonethat" data-source="post: 1152023" data-attributes="member: 4886"><p><strong>Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20</strong></p><p></p><p>OK, the market is making me nervous. We've had a good runup during this year. However, the stock dropped a bit in the last few weeks. My concern is that we are in for another freefall similar to what we had in 08. Now, I've got 15 years or more before retirement, so part of me thinks to just leave it in and long term I'll be ahead (in theory). However, with experiencing 2008 and having my 401K become a 201B frightened me. So the question is do I pull out the majority of money and put it on sidelines? Do I leave it virtually all in (I usually keep about 5% in cash for a buying opportunity)? Do I go for inverse funds where they rise when the market dives?</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 1152023, member: 4886"] [b]Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20[/b] OK, the market is making me nervous. We've had a good runup during this year. However, the stock dropped a bit in the last few weeks. My concern is that we are in for another freefall similar to what we had in 08. Now, I've got 15 years or more before retirement, so part of me thinks to just leave it in and long term I'll be ahead (in theory). However, with experiencing 2008 and having my 401K become a 201B frightened me. So the question is do I pull out the majority of money and put it on sidelines? Do I leave it virtually all in (I usually keep about 5% in cash for a buying opportunity)? Do I go for inverse funds where they rise when the market dives? [/QUOTE]
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UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 2012
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