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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (7363)	8/4/2019 2:25:17 PM
From: Ken Adams	Read Replies (1) \| Respond to of 26474

Some time ago I decided to "protect" a large part of my funds by putting them into short term CDs. None has paid more that 2.85%, and most are less than that. But these funds are "protected", I guess. The recent Fed action caused me to take a second look at my old age strategy of protection and now I'm second guessing myself. I left a modest amount of dollars with my long held Vanguard Admiral Fund (S&P 500). In looking at that performance over 1, 5 or 10 years makes my CD choice look like a very poor one. I've been rolling CDs at maturity into the next one offered. That's usually found very small increases in the rate, but the Fed has probably put a stop to that. My next maturity is early next year. At that time I'll give serious consideration to moving out of CDs and into this, or similar, Vanguard Fund. Looking out at the horizon, no matter how close it is for me, the market looks like the better choice. "We get too soon old and too late smart."