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What is everyone doing with their IRA's and 401(k)'s?

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LeftyFingerPop Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 08:48 AM
Original message
Poll question: What is everyone doing with their IRA's and 401(k)'s?
Thanks in advance for your responses.

Sorry, polls are turned off at Level 3.

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El Pinko Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 08:51 AM
Response to Original message
1. IRA? 401K?
Edited on Sat Mar-15-08 08:52 AM by El Pinko
How nice it must be to have enough after basic living expenses for such things...

I don't even have freaking health insurance.
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LeftyFingerPop Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 08:54 AM
Response to Reply #1
2. Well, I don't have much...
but I'm trying to protect what I do have.

Come to think of it, I have not contributed to my IRA in years.
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enid602 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 09:32 AM
Response to Reply #1
7. mix
Edited on Sat Mar-15-08 09:33 AM by enid602
I'm 7% CD's, with the balance divided between stock mutual funds (40%) and bond mutual funds (60%). Of the stock and bond mutual funds, 35% are in dollar assets, and 65% are in non-dollar assets.
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El Pinko Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 09:49 AM
Response to Reply #7
10. I'm 50% on rent, 35% on food, 15% on gas & utilities, basically nothing left over.
(sigh)
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 08:54 AM
Response to Original message
3. I missed my chance to move it all to bonds a couple of months ago
Edited on Sat Mar-15-08 08:56 AM by ThomWV
We have a sizable chunk in US bonds so now I'm just waiting for the next big bailout of a bank to give a one-day market bump - and I'm out of stocks. For our personal savings we moved it all into european stocks a year ago, so we're doing just fine.
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LeftyFingerPop Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 08:56 AM
Response to Reply #3
4. That's what I'm thinking...
I have gradually gone to about 60% cash over the past few months...next week might be the final move for me to all cash if we get a good day.
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davidwparker Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 09:25 AM
Response to Reply #3
6. I just moved the bulk of my 401k into two International funds. Since it is
a 401k, I have to work within the setup of my current company. One of the funds had a sizeable piece in Europe, so that is the closest that I can get to the Euro.

Both funds were large cap, for growth. Over 5 years, did about 20% return. If the US dollar collapses, I'm sure that will drag down everything, but maybe I'll have two quarters to rub together for some coffee before I get in the soup line.
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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 09:24 AM
Response to Original message
5. watching them drop.....
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robcon Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 09:34 AM
Response to Original message
8. I don't care what they're worth until I retire.
The ups and downs between now and then are irrelevant.
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unblock Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 09:38 AM
Response to Original message
9. i have made about 150% in the last 2 years -- foreign funds have been a great play!
the double boon of expanding economies abroad combined with the plummeting USD have made my foreign funds skyrocket.

i'm thinking the party might soon be over though, given the high energy prices and the low USD and the slowdown in consumer spending.

not sure what to do next, it's hard to find anything to be positive about. guess that's why everyone's going overboard on treasuries.
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