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To: rhombus
what's a guy supposed to do with retirement mutual funds right now with about 10 years left until retirement?

Redeploy some into the precious metals fund if that is a choice. If not, then an inflation-protected fund. I would say 20%. For the rest I am about 60-40 stock to cash right now (20 years to retirement) and buying more on the dips. I sell on the bounces and wound up 60/40 cash to stock in January bounces.

If you want one strategy to pursue with no further changes, forget about it. The days of buy and hold are over. Cash might king now, but that won't last. The deflation/inflation battle is not over and will swing back and forth for weeks, months and years. You have to trade those swings or find a fund that will do that for you.

12 posted on 02/19/2009 3:46:06 AM PST by palmer (Cooperating with Obama = helping him extend the depression and implement socialism.)
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To: palmer

Thank you very much. I stopped the bleeding by moving into cash but know I have to start to move back into other areas. I’m stuck with Fidelity. They have a Select Gold fund (FSAGX) as well as Select Energy (FSENX) and Select Natural Resources (FNARX) fund that I’ve been watching. I’ve also started moving small money into their Select Natural (FSNGX)Gas fund as well. I can’t believe that the world’s oil producers aren’t going to get frisky and force energy prices up again.


16 posted on 02/19/2009 3:54:52 AM PST by rhombus
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