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Nov 30 2009

Bracing for another market crash

Posted by doris in America, Banking, Business, Corporate, Deals, Dividends, Economy, Market, Money, Security

Full Story atmoney.cnn.com

NEW YORK (Money) — Question: I’m very worried that we may see another stock market correction. Since the market low of early March, my 401(k)’s value has risen 77%, which seems like an awfully large jump. So last week I moved the majority of my investments into bond and money-market funds, although I did leave 50% of my international holdings intact. Do you think I jumped too soon? –Rick G., Corona, Calif.

Answer: I don’t think the question is whether you jumped too soon, but whether you should be jumping at all.

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