Sunday, February 17, 2008

Saved 10% on IRA - Market Timing

Months ago, I posted my intention to move my money out of the market into cash and cash equivalents. Fearing a train wreck, it seemed like a good plan. Happily, it worked out. Since moving my money from my 401k to my IRA, my account is down 1.5%. Using my original asset allocation (low-cost index funds - diversified), I would be down 12%.

New plan, I have begun a plan to dollar cost average back into the market to take advantage of the depressed prices.

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