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Sunday, July 13, 2008
8:18:00 AM EDT

Just Couldn't Take It

All this time I’ve been good and I haven’t touched a thing in my 401k or my Roth IRA. But I finally caved.

I moved half of my Roth IRA to the Total Bond Market Vanguard Fund. Call me a wuss, but I just couldn’t take it any more.

Was it the best move? I don’t know but do know I feel a bit better after doing this.

I don’t have much saved for retirement and I just couldn’t bear to watch it continue to drop. I am just trying to stop the slow bleed.



Written by dbaumgartner Blog about this entry
This entry has 2 comments: (Add your own)
  • #2 Comment from suzypwr 
    7/14/08 10:11 AM Permalink
    Moving to a different fund you feel is stronger isn't exactly an attempt to drain your retirement plan! I am about to request for my financial advisor to send me about 10-20% of my investments. He has lost me about 8% over the last year, and my stocks I chose have gone up about 25% - I think I can afford to "risk" a little more this year, lol! I bet you made a good choice!

    xoxo
  • #1 Comment from onetoughcookie43 
    7/13/08 2:46 PM Permalink
    So far you have made so many good decisions that we will be confident that this is another one. Good luck to you!!! You are doing great!!