Last week’s feel-good rally came to an abrupt end yesterday when the major indexes ran into a brick wall in form of further weak economic news. I’m sure that profit taking had some effect on the sell-off and, as I mentioned before, hopefully, many investors used that opportunity to get out of their long positions. Contributing to the market’s malaise …
Should I Ease Back In?
Reader Rich is considering moving back in the market by allocating a small portion of his 401k. Here’s what he said: Last March I sold all mutual funds in my retirement accounts at work and moved them into money market funds, currently allocating 100% of new monies into those money market funds. My question is: In your opinion, should I …