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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (6525)7/4/1999 11:44:00 AM
From: Lars  Respond to of 15132
 
Investor2,

>>>
I wasn't sure I could hit the top, so I recently reduced my equity exposure somewhat. Obviously, it's worked against me a little bit the past week. Will it continue to work against me? Only time will tell.
>>>
I did the same. The point I think that applies to a great deal of people on this board, based on emails and private messages I have received, is that many of us were lucky enough to have found and followed Bob and as a result were at 90%+ in equities. I personally had a leveraged position to the upside near the bottom last summer.

Thus, a move to 60/40 is really a cautious move for me. Others may have this allocation and see it as aggressive.