Thread: The BIG Bailout
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Old 2008-09-30, 01:26 AM   #39
LD
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Join Date: May 2007
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Quote:
Originally Posted by elKabong View Post
While on this subject, what's everyone doing with their existing stocks?

I have a monthly allotment into a diversified trading account and I'm thinking about converting all my existing stocks into treasury bonds, and then continuing to invest from here forward as before.

My thinking is that I should protect what I already have, but still get in on the fire sale that's coming.

Any thoughts?

A lot depends on your age, but that sounds like a good safe thing to do. Of course if value comes back in a few days, you'll miss out.
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